Form 4: Five Below Director Thomas Vellios Acquires Shares in Lieu of Quarterly Retainer

Director Thomas Vellios acquired 282 shares of Five Below, Inc. common stock on May 6, 2024, in lieu of a quarterly retainer payment.

Summary

• On May 6, 2024, Thomas Vellios, a director of Five Below, Inc., acquired 282 shares of common stock.
• The acquisition was made in lieu of a quarterly retainer payment of $41,250.00, less applicable tax withholdings, as per the company's compensation policy for non-employee directors.
• The price per share was $146.02.
• Following the transaction, Vellios directly owns 334,209 shares of Five Below, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, though it's part of a standard compensation arrangement.

Positives

• The acquisition reflects continued director investment in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates