Form 4: Five Below CAO Eric Specter Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Eric Specter, CAO of Five Below, reports acquisition and disposal of common stock, resulting in an updated beneficial ownership.
Summary
- On March 21, 2024, Eric Specter, the CAO of Five Below, Inc., reported changes in beneficial ownership of the company's common stock.
- The transactions included the acquisition of 1,272 and 1,480 shares of common stock at $0, and the disposal of 934 shares at $176.79.
- Following these transactions, Specter's directly held beneficial ownership amounts to 39,845 shares of Five Below common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of earliest transaction: acquisition and disposal of common stock. |
| 03/25/2024 | Date of signature on the report. |
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