Form 4: Five Below CAO Eric Specter Acquires Shares
Statement of Changes in Beneficial Ownership
Five Below Chief Accounting Officer Eric M. Specter acquired 758 shares of common stock on June 15, 2026.
Summary
- Eric M. Specter, Chief Accounting Officer of Five Below, Inc., acquired 758 shares of common stock.
- The transaction occurred on June 15, 2026.
- The shares were acquired at a price of $0, indicating an equity grant or compensation-related issuance.
- Following this transaction, the reporting person holds a total of 44,917 shares of common stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects standard executive equity compensation rather than a market-driven purchase.
Positives
- Increased equity stake by a key member of the executive leadership team.
- Alignment of interests between the Chief Accounting Officer and shareholders.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a standard insider transaction filing.
Industry Context
StockSavvy.ai notes that insider acquisitions are generally viewed as a positive signal of management confidence in the company's long-term prospects, particularly when involving senior financial officers.
Comparison to Industry Standards
- Standard executive compensation practice for retail sector leadership.
- Consistent with typical SEC Section 16(a) reporting requirements for equity-based compensation.
Stakeholder Impact
- Positive signal for shareholders regarding internal confidence.
Next Steps
- No further actions required by the reporting person regarding this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 06/15/2026 | Date of the equity transaction. |
| 06/17/2026 | Date the Form 4 was signed and filed. |
Keywords
Five Below, Insider Trading, Form 4, Equity Compensation, Retail, Corporate Governance
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