Form 4: Five Below Director Dinesh S. Lathi Acquires Shares in Lieu of Quarterly Retainer
SEC Form 4 Filing
Director Dinesh S. Lathi acquired 375 shares of Five Below, Inc. common stock on May 5, 2025, in lieu of a quarterly retainer payment.
Summary
- On May 5, 2025, Dinesh S. Lathi, a director of Five Below, Inc., acquired 375 shares of common stock.
- The acquisition was made in lieu of a quarterly retainer payment of $31,250.00, less applicable tax withholdings.
- The price per share was $82.79.
- Following the transaction, Lathi directly owns 11,142 shares of Five Below, Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
Directors often receive equity as part of their compensation, aligning their interests with shareholders.
Related Party Transactions
- The issuance of shares to Dinesh S. Lathi in lieu of a cash retainer payment constitutes a related party transaction.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard compensation practice.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: Dinesh S. Lathi acquired 375 shares of Five Below, Inc. common stock. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Dinesh S. Lathi, Five Below, FIVE, Stock Acquisition
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