1-800-Flowers (FLWS) CEO has 36,533 shares withheld for taxes on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
1-800-Flowers.com Chief Executive Officer Adolfo Villagomez reported a tax-related share disposition. The company withheld 36,533 shares of Class A Common Stock at $4.27 per share to cover tax obligations upon vesting of restricted shares. This was an exempt Section 16(b) event and not an open-market sale. Following the withholding, Villagomez directly holds 249,727 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Villagomez Adolfo
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 36,533 | $4.27 | $156K |
Holdings After Transaction:
Class A Common Stock — 249,727 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 36,533 shares
Withholding price per share: $4.27 per share
Shares held after transaction: 249,727 shares
3 metrics
Shares withheld for taxes
36,533 shares
Class A Common Stock tax-withholding disposition
Withholding price per share
$4.27 per share
Value used for tax-withholding shares
Shares held after transaction
249,727 shares
CEO direct Class A Common Stock holdings post-transaction
Key Terms
Section 16(b), restricted shares of Common Stock, tax-withholding disposition, Class A Common Stock
4 terms
Section 16(b) regulatory
"Transaction is a deemed disposition that is exempt under Section 16(b) of the Exchange Act"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did FLWS CEO Adolfo Villagomez report?
Adolfo Villagomez reported a tax-withholding share disposition. 1-800-Flowers.com withheld 36,533 shares of Class A Common Stock to satisfy tax obligations upon vesting of restricted shares, classified as an exempt Section 16(b) transaction.
Why is the FLWS CEO’s transaction described as exempt under Section 16(b)?
The transaction is exempt because it is a deemed disposition for taxes. The company withheld shares upon restricted stock vesting to cover tax liabilities, which the footnote states is exempt under Section 16(b) of the Exchange Act.