Kasenchak Priscilla 4
Research Summary
AI-generated summary
1-800-FLOWERS (FLWS) CAO Priscilla Kasenchak Sells 15,087 Shares
What Happened
Priscilla Kasenchak, Chief Accounting Officer of 1-800-FLOWERS COM INC (FLWS), had 15,087 shares of common stock withheld to cover tax withholding obligations tied to the vesting of restricted shares. The withheld shares are reported as a disposition at $3.77 per share, for a total value of $56,878.
Key Details
- Transaction date: 2026-07-07; filing date (Form 4): 2026-07-09 (appears to be filed within the usual 2-business-day window).
- Price: $3.77 per share; Shares withheld/disposed: 15,087; Total value: $56,878.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote: F1 — this was a deemed disposition exempt under Section 16(b), consisting of shares withheld by the company to satisfy tax withholding upon vesting of restricted stock. Transaction code F = tax withholding.
Context
This was a routine tax-withholding event tied to vesting of restricted shares, not an open-market sale or a directional trade. Such withholdings are standard and generally do not signal insider bullishness or bearishness.