FIVE.NASDAQFive Below, INC

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

Sentiment:

SEC Form 4 Filing


Director Richard L. Markee 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, Richard L. Markee, a director of Five Below, Inc., acquired 270 shares of common stock.
  • The acquisition was made in lieu of a $22,500 quarterly retainer payment, less applicable tax withholdings, as part of the company's Compensation Policy for Non-Employee Directors.
  • The price per share was $82.79.
  • Following the transaction, Markee directly owns 14,436 shares of Five Below, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director taking shares in lieu of cash shows confidence in the company's future and aligns interests with shareholders.

Positives

  • The acquisition reflects continued director alignment with company performance.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, particularly among growth companies, as it helps conserve cash and aligns director interests with shareholder value.

Comparison to Industry Standards

  • Many companies, such as Target and Walmart, offer similar compensation packages to their non-employee directors, often including a mix of cash and stock.
  • The specific amount and structure can vary based on company size, performance, and industry norms.
  • For example, directors at larger companies may receive higher cash retainers and larger stock grants.

Stakeholder Impact

  • The transaction signals to shareholders that the director is invested in the company's success.

Key Dates

DateDescription
05/05/2025Date of transaction: Richard L. Markee acquired 270 shares of Five Below, Inc. common stock.
05/07/2025Date of signature: Form 4 signed by Ronald J. Masciantonio as Attorney-In-Fact for Richard L. Markee.

Keywords

Form 4, Director, Share Acquisition, Richard L. Markee, Five Below, Compensation Policy, Common Stock

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.