Form 4: Five Below CAO Eric Specter Reports Stock Disposals
SEC Filing
Eric Specter, CAO of Five Below, Inc., reported the disposal of common stock to cover tax obligations.
Summary
- On March 7, 2024, Eric Specter, CAO of Five Below, Inc., disposed of 328 shares of common stock at a price of $206.96.
- Following this transaction, Specter directly owned 38,344 shares of common stock.
- On March 9, 2024, Specter disposed of 317 shares of common stock at a price of $204.82.
- Following this transaction, Specter directly owned 38,027 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock disposals by an officer, likely for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders, as they are relatively small and related to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Eric Specter disposed of 328 shares of common stock at $206.96 per share. |
| 03/09/2024 | Eric Specter disposed of 317 shares of common stock at $204.82 per share. |
| 03/11/2024 | Date of signature for 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.