FIVE.NASDAQFive Below, INC

Form 4: Five Below Director Richard L. Markee Acquires Additional Shares in Lieu of Retainer

Sentiment:

SEC Form 4 Filing


Director Richard L. Markee acquired 233 shares of Five Below, Inc. common stock on November 4, 2024, in lieu of a portion of his quarterly retainer.

Summary

  • On November 4, 2024, Richard L. Markee, a director of Five Below, Inc., acquired 233 shares of common stock.
  • The acquisition was made in lieu of a quarterly retainer payment of $22,500, less applicable tax withholdings, as per the company's compensation policy for non-employee directors.
  • The price per share was $95.
  • Following the transaction, Markee directly owns 13,924 shares of Five Below, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director increasing their stake is a mildly positive signal.

Positives

  • A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a director.

Key Dates

DateDescription
11/04/2024Date of transaction: Richard L. Markee acquired 233 shares of Five Below, Inc. common stock.
11/05/2024Date of signature: The Form 4 was signed on November 5, 2024.

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