Form 4: Five Below Director Mimi Vaughn Acquires Shares in Lieu of Retainer
SEC Form 4 Filing
Director Mimi Vaughn acquired 270 shares of Five Below, Inc. common stock on May 5, 2025, in lieu of a quarterly retainer payment.
Summary
- On May 5, 2025, Mimi Vaughn, a director of Five Below, Inc., acquired 270 shares of common stock.
- The acquisition was made in lieu of a quarterly retainer payment of $22,500, less applicable tax withholdings.
- The price per share was $82.79.
- Following the transaction, Vaughn directly owns 2,967 shares of Five Below, Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard compensation practice. The director's acquisition of shares is a positive sign, but it's a routine transaction.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
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, often vesting over time to incentivize long-term commitment.
- Comparing Vaughn's compensation structure to directors at similar retailers like Dollar General or Dollar Tree would provide further context.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: Mimi Vaughn acquired 270 shares of Five Below, Inc. common stock. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Director, Share Acquisition, Five Below, Mimi Vaughn, Retainer
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