Form 4: Five Below COO Plans Future Stock Sale for Tax Obligations

Five Below's COO, Kenneth R. Bull, reported a planned disposition of 1,869 common shares at $190.37 each on January 23, 2026, to cover tax withholding.

Summary

• Kenneth R. Bull, the Chief Operating Officer (COO) of Five Below, Inc. (FIVE), has reported a planned disposition of company common stock.
• The transaction involves 1,869 shares of Five Below common stock.
• The shares are to be disposed of at a price of $190.37 per share.
• The transaction is scheduled to occur on January 23, 2026.
• This disposition is categorized as a transaction to satisfy tax withholding obligations (Transaction Code 'F').
• Following this planned transaction, Mr. Bull will beneficially own 97,246 shares of Five Below common stock directly.
• The transaction is being made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged to satisfy affirmative defense conditions.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding obligations, which is a common practice for insiders and not indicative of a change in sentiment towards the company's future prospects.

Future Outlook

The filing indicates a planned future transaction by an insider on January 23, 2026, under a Rule 10b5-1 plan.

Industry Context

This is a routine insider transaction filing and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, pre-planned disposition for tax purposes by an insider, not a strategic sale.

Next Steps

• The planned disposition of 1,869 shares of common stock by Kenneth R. Bull is scheduled to occur on January 23, 2026.

Key Dates

Keywords

Five Below, FIVE, SEC Form 4, Insider Transaction, Stock Sale, COO, Kenneth R. Bull, Tax Withholding, 10b5-1 Plan