Form 4: Five Below Executive Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Ronald James Masciantonio, EVP and General Counsel of Five Below, Inc., reported the disposal of common stock to cover tax obligations arising from equity awards.
Summary
- On March 7, 2025, Ronald James Masciantonio, EVP and General Counsel of Five Below, Inc., disposed of 47 shares of common stock at a price of $82.04.
- Following this transaction, Masciantonio directly owns 10,675 shares of Five Below common stock.
- On March 8, 2025, Masciantonio disposed of 90 shares of common stock at a price of $82.04, resulting in direct ownership of 10,585 shares.
- On March 9, 2025, Masciantonio disposed of 38 shares of common stock at a price of $82.04, resulting in direct ownership of 10,547 shares.
- The disposals were made to cover tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Disposal of 47 shares of common stock at $82.04. |
| 03/08/2025 | Disposal of 90 shares of common stock at $82.04. |
| 03/09/2025 | Disposal of 38 shares of common stock at $82.04. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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