1-800-FLOWERS.COM Reports Officer/Director Changes, Comp Arrangements
Ticker: FLWS · Form: 8-K · Filed: Jan 2, 2024 · CIK: 1084869
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**1-800-FLOWERS.COM just filed an 8-K about leadership changes and pay, keep an eye out for details.**
AI Summary
1-800-FLOWERS.COM, INC. filed an 8-K on January 2, 2024, reporting an event that occurred on December 31, 2023. This filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'. While the specific details of these changes are not provided in this summary, investors should pay attention to subsequent filings or announcements to understand the impact of any executive or director changes and their compensation, as this could signal strategic shifts or leadership stability, directly affecting the company's future performance and stock value.
Why It Matters
Changes in leadership and executive compensation can signal strategic shifts or stability issues, directly impacting investor confidence and the company's future direction.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership and compensation, which can introduce uncertainty regarding future company strategy and performance, warranting a medium risk assessment.
Analyst Insight
A smart investor would monitor subsequent filings or press releases from 1-800-FLOWERS.COM, INC. for specific details regarding the reported changes in officers, directors, and compensation arrangements to assess their potential impact on company strategy and performance.
Key Players & Entities
- 1-800-FLOWERS.COM, INC. (company) — the registrant filing the 8-K
- December 31, 2023 (date) — date of earliest event reported
- January 2, 2024 (date) — date the 8-K was filed
- Delaware (company) — state of incorporation for 1-800-FLOWERS.COM, INC.
- FLWS (company) — trading symbol for 1-800-FLOWERS.COM, INC.
- The Nasdaq Stock Market (company) — exchange where FLWS Class A Common Stock is registered
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 31, 2023.
What specific items are mentioned in the 'ITEM INFORMATION' section of this 8-K?
The 'ITEM INFORMATION' section mentions 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 2, 2024.
What is the trading symbol and the exchange where 1-800-FLOWERS.COM, INC.'s Class A Common Stock is registered?
The trading symbol is FLWS, and it is registered on The Nasdaq Stock Market.
What is the business address of 1-800-FLOWERS.COM, INC. as stated in the filing?
The business address is Two Jericho Plaza, Suite 200, Jericho, New York 11753.
Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2024-01-02 09:09:28
Key Financial Figures
- $775,000 — hall be calculated off a base salary of $775,000, and (ii) medical and health insurance
- $125,000 — Agreement, Mr. McCann's salary will be $125,000 per annum, which shall be comprised of
- $50,000 — annum, which shall be comprised of (i) $50,000 cash compensation, and (ii) an annual g
- $75,000 — ving a value on the grant date equal to $75,000, with a 1 year vesting period. In addit
Filing Documents
- flws20231228_8k.htm (8-K) — 25KB
- ex_610719.htm (EX-99.1) — 14KB
- 0001437749-24-000106.txt ( ) — 171KB
- flws-20231231.xsd (EX-101.SCH) — 3KB
- flws-20231231_def.xml (EX-101.DEF) — 11KB
- flws-20231231_lab.xml (EX-101.LAB) — 15KB
- flws-20231231_pre.xml (EX-101.PRE) — 11KB
- flws20231228_8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits.   The following exhibits are furnished with this Form 8-K:   99.1 Appointment Letter dated December 31, 2023.   104 Cover Page Interactive Data File (embedded within the Inline XBRL document)       [the rest of this page is intentionally left blank]         SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.   1-800-FLOWERS.COM, Inc. By: /s/ William E. Shea William E. Shea Senior Vice President, Treasurer     and Chief Financial Officer         Date:  January 2, 2024