FIVE.NASDAQFive Below, INC

Form 4: Director Dinesh S. Lathi Acquires 322 Shares of Five Below, Inc. in Lieu of Quarterly Retainer

Sentiment:

SEC Form 4 Filing


Dinesh S. Lathi, a director of Five Below, Inc., acquired 322 shares of common stock on November 4, 2024, in lieu of a quarterly retainer payment.

Summary

  • On November 4, 2024, Dinesh S. Lathi, a director of Five Below, Inc., acquired 322 shares of common stock.
  • The acquisition was made in lieu of a quarterly retainer payment of $31,250, less applicable tax withholdings.
  • The price per share was $95.
  • Following the transaction, Lathi directly owns 10,431 shares of Five Below, Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction. The director is receiving shares in lieu of cash compensation, which is neither particularly positive nor negative.

Positives

  • The acquisition demonstrates the director's continued investment in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it involves a small number of shares being transferred to a director as part of their compensation.

Key Dates

DateDescription
11/04/2024Date of transaction: Dinesh S. Lathi acquired 322 shares of Five Below, Inc.
11/05/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.