Form 4: Five Below Director Kathleen Barclay Acquires Shares in Lieu of Retainer
SEC Form 4 Filing
Kathleen Barclay, a director at Five Below, Inc., acquired 343 shares of common stock in lieu of a quarterly retainer payment.
Summary
- On May 5, 2025, Kathleen S. Barclay, a director of Five Below, Inc., acquired 343 shares of common stock.
- The shares were acquired at a price of $82.79 per share.
- This acquisition was made in lieu of a quarterly retainer payment of $28,750.00, less applicable tax withholdings, as part of the Five Below, Inc. Compensation Policy for Non-Employee Directors.
- Following the transaction, Ms. Barclay beneficially owns 9,714 shares of Five Below, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash is a mildly positive signal.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Directors receiving shares in lieu of cash compensation is a fairly common practice, especially for smaller companies or those looking to conserve cash. It aligns the director's interests with those of shareholders.
Related Party Transactions
- The issuance of shares to Kathleen Barclay in lieu of a cash retainer payment constitutes a related party transaction, as she is a director of the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it is a small number of shares issued as part of director compensation.
- Employees are not directly impacted by this transaction.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: Kathleen Barclay acquired shares of Five Below, Inc. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Director, Kathleen Barclay, Five Below Inc, Share Acquisition, Retainer Payment, Beneficial Ownership
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