Villagomez Adolfo 4

What Happened
Adolfo Villagomez, CEO of 1-800-FLOWERS (FLWS), had 36,533 shares of common stock withheld to cover tax liabilities upon vesting of restricted shares. The withholding was recorded on 2026-05-13 at an effective price of $4.27 per share, totaling approximately $155,996. This is a tax-withholding disposition (not an open-market sale) and is a routine administrative transaction.

Key Details

• Transaction date: 2026-05-13; Filing date (Form 4): 2026-05-15 (filed within two business days, appears timely).
• Shares withheld/disposed: 36,533 at $4.27 per share; total value ≈ $155,996.
• Shares owned after transaction: not specified in the provided filing data.
• Footnote: F1 — deemed disposition exempt under Section 16(b); company withheld shares for tax purposes upon vesting of restricted stock.
• Transaction code: F (tax withholding/paid in shares).

Context
This was a cashless tax withholding tied to restricted stock vesting, which reduces the insider's reported shares outstanding but does not indicate a market sale or change in market exposure beyond the vesting event. Such withholdings are routine and typically reflect tax obligations rather than a signal about the CEO’s view of the stock.