Form 4: Director Dinesh S. Lathi Acquires 322 Shares of Five Below, Inc. in Lieu of Quarterly Retainer
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
| Date | Description |
|---|---|
| 11/04/2024 | Date of transaction: Dinesh S. Lathi acquired 322 shares of Five Below, Inc. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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