Form 4: Five Below Director Kathleen Barclay Acquires Shares in Lieu of Quarterly Retainer

Kathleen Barclay, a director at Five Below, Inc., acquired 299 shares of common stock on November 4, 2024, in lieu of a portion of her quarterly retainer payment.

Summary

• On November 4, 2024, Kathleen S. Barclay, a director of Five Below, Inc., acquired 299 shares of common stock.
• The acquisition was made in lieu of a quarterly retainer payment of $28,750, less applicable tax withholdings, as part of the Five Below, Inc. Compensation Policy for Non-Employee Directors.
• The price per share was $95.
• Following the transaction, Barclay directly owns 9,062 shares of Five Below, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director taking shares instead of cash indicates confidence in the company's stock.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future performance.

Industry Context

Directors often receive equity as part of their compensation, aligning their interests with shareholders. This is a common practice in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages vary widely across the retail industry.
• Equity grants are a common component, with the specific amount and vesting schedule depending on the company's size, performance, and compensation philosophy.
• Comparing Kathleen Barclay's compensation to that of directors at similar retailers like Dollar General (DG) or Dollar Tree (DLTR) would provide a benchmark for assessing its competitiveness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates