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

Director Richard L. Markee 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, Richard L. Markee, 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, Markee directly owns 14,166 shares of Five Below, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director taking shares instead of cash shows confidence, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Directors receiving shares in lieu of cash compensation is a fairly common practice, especially for non-employee directors. It aligns the director's interests with those of the shareholders.

Comparison to Industry Standards

• Comparing Five Below's director compensation structure to companies like Dollar General (DG) or Dollar Tree (DLTR) could provide insights into whether this form of compensation is standard practice.
• Reviewing the director compensation policies of similar retail companies can help determine if the value of shares granted is in line with industry norms.

Stakeholder Impact

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

Key Dates