Form 4: Five Below CEO Joel Anderson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Joel Anderson, President & CEO of Five Below, Inc., reports transactions involving common stock, including acquisitions, disposals, and distributions from GRATs.
Summary
- On March 21, 2024, Joel Anderson acquired 10,605 and 12,331 shares of Five Below common stock at $0.
- On March 21, 2024, Joel Anderson disposed of 7,290 shares of common stock at $176.79.
- On March 25, 2024, there were multiple transactions involving the transfer of 3,968 shares related to a trust, a spouse, and a spousal trust.
- Following these transactions, Anderson directly owns 79,844 shares and indirectly owns 85,555 shares through a trust, 6,922 shares through a spouse, 71,304 shares through a spousal trust and 59,379 shares through one or more GRATs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Acquisition and disposal of common stock by Joel Anderson |
| 03/25/2024 | Transactions involving trust, spouse, and spousal trust related to common stock |
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