Five Below (FIVE) CHRO corrects 155-share insider equity grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Gellerman Maureen Marie reported acquisition or exercise transactions in this Form 4 filing.
FIVE BELOW, INC chief human resources officer Maureen Marie Gellerman received a grant of 155 shares of common stock on March 19, 2026 at no cost, bringing her direct holdings to 12,511 shares.
This Form 4 amendment corrects an earlier filing that had overstated the grant as 234 shares because 79 shares had already been reported previously.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gellerman Maureen Marie
Role
CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 155 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,511 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award: 155 shares
Holdings after transaction: 12,511 shares
Incorrect original grant: 234 shares
+2 more
5 metrics
Equity award
155 shares
Common stock granted on March 19, 2026
Holdings after transaction
12,511 shares
Directly beneficially owned following the March 19, 2026 award
Incorrect original grant
234 shares
Amount erroneously reported on Initial Form 4 referenced in footnote
Previously reported shares
79 shares
Portion of 234-share total that had been previously reported
Grant price
$0.0000 per share
Price for 155-share common stock award
Key Terms
Form 4, Rule 16b-3(d), beneficially owned
3 terms
Form 4 regulatory
"On March 23, 2026, the reporting person filed a Form 4 (the "Initial Form 4")"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 16b-3(d) regulatory
"erroneously reported a grant of 234 shares pursuant to Rule 16b-3(d) on March 19, 2026"
beneficially owned financial
"correct number of (i) shares awarded ... and (ii) shares beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did FIVE (FIVE BELOW, INC) report in this Form 4/A?
FIVE BELOW, INC reported that CHRO Maureen Marie Gellerman received a grant of 155 shares of common stock on March 19, 2026. The shares were awarded at no cost as part of her equity compensation.
Why did FIVE (FIVE BELOW, INC) file an amended Form 4/A for Maureen Gellerman?
The company filed an amended Form 4/A because an earlier Form 4 incorrectly reported a 234-share grant. In fact, 79 of those shares had been previously reported, so this amendment updates the awarded and beneficially owned share counts.
What rule governed the original equity grant reported for FIVE’s CHRO?
The original equity grant reported for the CHRO was described as made pursuant to Rule 16b-3(d). This rule generally covers board-approved transactions for insiders, and the amendment corrects the number of shares associated with that grant.