4/A: Five Below CAO Corrects Stock Ownership Reporting Error
SEC Filing
Eric M. Specter, CAO of Five Below, files an amended Form 4 to correct an error in a previous filing regarding a grant of shares.
Summary
- Eric M. Specter, the CAO of Five Below, filed an amended Form 4 with the SEC on March 31, 2025.
- This amendment corrects an error in a previous Form 4 filed on March 18, 2025, which erroneously reported a grant of 285 shares on March 16, 2025.
- The corrected filing confirms that as of March 16, 2025, Specter beneficially owned 56,756 shares of Five Below common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a filing, indicating standard corporate governance practices. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.
Industry Context
Form 4 filings are a routine part of compliance for company insiders and are used to disclose transactions in the company's stock. Amendments are sometimes necessary to correct errors in previous filings.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 03/16/2025 | Date of earliest transaction and corrected stock ownership: 56,756 shares. |
| 03/18/2025 | Date of original Form 4 filing with erroneous information. |
| 03/31/2025 | Date of amended Form 4/A filing to correct the error. |
Keywords
Form 4, SEC, Five Below, Stock Ownership, Amendment, Eric M. Specter, CAO
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