[Form 4] FIVE BELOW, INC Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filed for Five Below, Inc. (FIVE) shows that reporting person Kenneth R. Bull, identified as COO & Interim CFO, disposed of 644 shares of the company's common stock on 09/30/2025. After the transaction, Mr. Bull beneficially owns 131,140 shares. The filing is signed by Mr. Bull on 10/02/2025 and reports the sale with a transaction code G (sale to cover tax withholding on vesting) at a price of $0 indicated for reported shares in the non-derivative table.

Positive

• Kenneth R. Bull remains a significant shareholder with 131,140 shares following the transaction

Negative

• Reported disposal of 644 shares on 09/30/2025 by the COO & Interim CFO

Insights

Corporate Governance Expert

Insider sale of 644 shares reduces an executive's stake to 131,140 shares.

The filing shows Kenneth R. Bull, the company's COO & Interim CFO, reported a disposition of 644 shares on 09/30/2025 under transaction code G. Code G typically indicates a sale to satisfy tax withholding from a compensatory event; the form records the post-transaction beneficial ownership as 131,140 shares.

This Form 4 is a routine insider disclosure required under Section 16 and informs investors of changes in executive ownership; it does not, by itself, disclose compensation amounts or the economic terms beyond the share counts shown.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BULL KENNETH R

(Last) (First) (Middle)

C/O FIVE BELOW, INC.

701 MARKET STREET, SUITE 300

(Street)

PHILADELPHIA PA 19106

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIVE BELOW, INC [ FIVE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO & Interim CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		G		644	D	$0	131,140	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Kenneth R. Bull	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for FIVE disclose?

The Form 4 discloses that Kenneth R. Bull sold 644 shares on 09/30/2025 and now beneficially owns 131,140 shares.

What is Kenneth R. Bull's role at Five Below (FIVE)?

The filing identifies Mr. Bull as COO & Interim CFO of Five Below, Inc.

When was the Form 4 signed?

The Form 4 bears the reporting person's signature dated 10/02/2025.

What does transaction code G mean on this Form 4?

The form lists transaction code G for the sale; the filing itself shows the code but does not provide additional explanatory text beyond the transaction record.

How many shares did the reporting person own after the sale?

After the reported transaction, the beneficial ownership is listed as 131,140 shares.