Form 4: Five Below CIO Sells Shares for Tax Obligations

Five Below's Chief Information Officer, Amit Jhunjhunwala, disposed of 312 shares of common stock at $193.45 per share to cover tax liabilities.

Summary

• Amit Jhunjhunwala, Chief Information Officer of Five Below, Inc. (FIVE), reported a transaction involving the company's common stock.
• On January 4, 2026, Mr. Jhunjhunwala disposed of 312 shares of common stock.
• The shares were disposed of at a price of $193.45 per share.
• This transaction was coded as 'F', indicating a payment of tax liability by delivering or withholding securities.
• Following this transaction, Mr. Jhunjhunwala directly beneficially owns 24,430 shares of Five Below common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged disposition.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition by an insider under a pre-arranged plan, which is generally considered neutral in terms of market sentiment.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned disposition rather than a discretionary sale based on new information.
• The disposition was specifically for tax liability, which is a common and expected event for executives receiving equity compensation, rather than a discretionary sale of shares.

Negatives

• A reduction in direct beneficial ownership of 312 shares by a key officer.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine tax-related disposition, not a significant change in insider confidence or company fundamentals.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by an officer for tax purposes, executed under a Rule 10b5-1 plan. Such transactions are common and typically do not signal a change in the company's fundamentals or management's outlook, thus not warranting a change in investment recommendation based solely on this filing.

Keywords

Five Below, FIVE, Amit Jhunjhunwala, Chief Information Officer, CIO, Insider Trading, Form 4, Stock Sale, Tax Withholding, Rule 10b5-1