Form 4: Five Below Director Thomas M. Ryan Acquires Shares in Lieu of Quarterly Retainer

Director Thomas M. Ryan acquired 144 shares of Five Below, Inc. common stock on May 6, 2024, in lieu of a quarterly retainer payment.

Summary

• On May 6, 2024, Thomas M. Ryan, a director of Five Below, Inc., acquired 144 shares of common stock.
• The acquisition was made in lieu of a quarterly retainer payment of $21,250.00, less applicable tax withholdings, as part of the Five Below, Inc. Compensation Policy for Non-Employee Directors.
• The price per share was $146.02.
• Following the transaction, Ryan directly owns 10,582 shares and indirectly owns 104,050 shares as trustee.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to director compensation.

Positives

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

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, especially for smaller companies or those looking to conserve cash. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

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

Key Dates