Form 4: Five Below Director Mimi Vaughn Acquires Shares in Lieu of Retainer

Director Mimi Vaughn acquired 242 shares of Five Below, Inc. common stock on February 3, 2025, in lieu of a quarterly retainer payment.

Summary

• On February 3, 2025, Mimi Vaughn, a director of Five Below, Inc., acquired 242 shares of common stock.
• The acquisition was made in lieu of a quarterly retainer payment of $22,500.00, less applicable tax withholdings, as part of the Five Below, Inc. Compensation Policy for Non-Employee Directors.
• The price per share was $92.33.
• Following the transaction, Ms. Vaughn directly owns 2,697 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 decision to take shares in lieu of cash may signal confidence in the company's future performance.

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 widely across the retail industry.
• Companies like Target and Walmart also use a mix of cash and equity to compensate their directors.
• The specific amount and structure depend on factors such as company size, performance, and board responsibilities.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reinforces the alignment of director interests with shareholder value.

Key Dates