1 800 FLOWERS COM INC·4

Apr 22, 5:26 PM ET

Fund 1 Investments, LLC 4

Research Summary

AI-generated summary

Updated

1-800-FLOWERS (FLWS) 10% Owner Sells 1.75M Shares (~$7.55M)

What Happened
Fund 1 Investments, LLC (reported as a 10% owner) sold a total of 1,752,433 shares of 1-800-FLOWERS COM INC (FLWS) in a series of open-market disposals between April 20 and April 22, 2026. The sales were executed at prices ranging from $3.91 to $4.86 per share, generating aggregate gross proceeds of approximately $7,554,323. These were sales (not purchases), which are often routine portfolio or fund-management actions rather than direct indicators of company prospects.

Key Details

  • Transaction dates: April 20–22, 2026 (filed April 22, 2026).
  • Price range: $3.91 — $4.86 per share.
  • Individual transactions include notable lots (examples): 434,606 shares @ $4.54 ($1,971,069); 288,651 @ $4.05 ($1,167,940); 190,098 @ $4.46 ($848,655).
  • Total sold: 1,752,433 shares for total proceeds ≈ $7,554,323.
  • Shares owned after transaction: Not specified in the data provided.
  • Footnote: Securities are held by private investment vehicles advised by Pleasant Lake Partners LLC; Fund 1 Investments, LLC is the managing member of Pleasant Lake Partners LLC, and Jonathan Lennon is the managing member of Fund 1 Investments, LLC. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
  • Timeliness: Filing dated April 22, 2026 for trades April 20–22 — appears to have been filed timely.

Context
This filing reflects institutional selling by a reported 10% owner (an investment vehicle), not an individual officer or director. Such sales can result from fund rebalancing, liquidity needs, or portfolio management and do not necessarily reflect management’s view of the company. Because these were open-market sales (code "S"), there were no option exercises, gifts, or purchases reported in this filing.