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

Director Mimi Vaughn acquired 234 shares of Five Below, Inc. common stock at $95 per share in lieu of a quarterly retainer payment.

Summary

• Mimi Eckel Vaughn, a director of Five Below, Inc., acquired 234 shares of common stock on November 4, 2024.
• The shares were acquired at a price of $95 per share.
• This acquisition was made in lieu of a $22,500 quarterly retainer payment, less applicable tax withholdings, as part of the Five Below, Inc. Compensation Policy for Non-Employee Directors.
• Following the transaction, Vaughn directly owns 2,455 shares of Five Below, Inc. common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. This is a routine transaction related to director compensation. It doesn't indicate any major positive or negative development for the company.

Positives

• A director increasing their holdings can be seen as a positive signal about their confidence in the company's future.

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.
• Companies like Target and Walmart also use a mix of cash and equity for director compensation.
• The specific amount and structure depend on factors like company size, performance, and board responsibilities.

Stakeholder Impact

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

Key Dates