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

Director Kathleen Barclay acquired 309 shares of Five Below, Inc. common stock on February 3, 2025, in lieu of a quarterly retainer payment.

Summary

• Kathleen S. Barclay, a director of Five Below, Inc., acquired 309 shares of common stock on February 3, 2025.
• The shares were issued in lieu of a quarterly retainer payment of $28,750.00, less applicable tax withholdings.
• The price per share was $92.33.
• Following the transaction, Barclay directly owns 9,371 shares of Five Below, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director taking shares in lieu of cash compensation signals confidence in the company's future performance.

Positives

• Director's acquisition of shares demonstrates confidence in the company.
• The use of shares in lieu of cash preserves company cash flow.

Industry Context

Directors often receive compensation in the form of stock to align their interests with those of shareholders. This is a common practice in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages vary across the retail industry.
• Companies like Dollar General and Dollar Tree also utilize stock-based compensation for their directors.
• The specific amount and structure depend on factors such as company size, performance, and board responsibilities.

Stakeholder Impact

• Shareholders may view the director's stock acquisition positively, as it aligns her interests with theirs.
• The company benefits from preserving cash by issuing stock instead of making a cash payment.

Key Dates