1-800-Flowers CEO reports tax-withheld shares
1-800-Flowers.com Chief Executive Officer Adolfo Villagomez reported a tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 36,533 | $4.27 | $156K |
Footnotes (1)
- F1. Transaction is a deemed disposition that is exempt under Section 16(b) of the Exchange Act consisting of the withholding for tax purposes of shares of Common Stock by the Company upon vesting of restricted shares of Common Stock.
Key Figures
Key Terms
Section 16(b) regulatory
tax-withholding disposition financial
Class A Common Stock financial
FAQ
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What insider transaction did FLWS CEO Adolfo Villagomez report?
Why is the FLWS CEO’s transaction described as exempt under Section 16(b)?
AI-generated analysis. How Rhea-AI works. Not financial advice.