Form 4: Five Below CMOO Sells Shares for Tax Obligations

Five Below's Chief Merchandising Officer, Jacob Hawkins, disposed of 407 shares of common stock to cover tax liabilities from a pre-planned transaction.

Summary

• Jacob Kimball Hawkins, the Chief Merchandising Officer (CMOO) of Five Below, Inc., reported a transaction involving the company's common stock.
• On March 20, 2026, Hawkins disposed of 407 shares of Five Below Common Stock.
• The shares were sold at a price of $227.42 per share.
• This transaction was coded as 'F', indicating it was for the payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security.
• Following this disposition, Hawkins beneficially owns 4,546 shares of Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine tax-related disposition under a pre-planned Rule 10b5-1 plan, which does not typically reflect a change in the insider's confidence in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax obligations or pre-planned Rule 10b5-1 plans, are common occurrences and typically do not signal a change in management's outlook on the company's fundamentals. Such filings provide transparency into executive stock ownership changes.

Related Party Transactions

• Jacob Hawkins, an officer of Five Below, Inc., engaged in a transaction involving the company's common stock.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider ownership changes, which is generally positive for market confidence.
• Employees: No direct impact on employees from this specific transaction.

Key Dates

Recommendation

The transaction reported is a routine disposition of shares by an officer to cover tax liabilities, executed under a pre-arranged Rule 10b5-1 plan. This type of insider activity is common and generally does not indicate a change in the company's fundamental prospects or warrant a shift in investment strategy. Therefore, a 'hold' recommendation is appropriate as this filing alone does not provide new information to alter an existing investment thesis.

Keywords

Five Below, FIVE, Insider Transaction, Form 4, Jacob Hawkins, CMOO, Stock Sale, Tax Liability, Rule 10b5-1