Five Below CAO sells 5,500 shares at $248.99

FIVE BELOW, INC’s chief accounting officer sold 5,500 shares and now directly holds 35,482 shares of the company’s common stock.

Rhea-AI Filing Summary

FIVE BELOW, INC (FIVE) reported that its Chief Accounting Officer, Eric M. Specter, sold 5,500 shares of common stock on September 14, 2026 at a price of $248.99 per share in an open-market or private transaction. Following this sale, he directly holds 35,482 shares of FIVE common stock, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 5,500 shares

Net Sell 1 txn

Insider SPECTER ERIC M

Role CAO

Sold 5,500 shs ($1.37M)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,500	$248.99	$1.37M

Holdings After Transaction: Common Stock — 35,482 shares (Direct)

Key Figures

Shares sold: 5,500 shares Sale price per share: $248.99 per share Shares held after transaction: 35,482 shares +2 more

5 metrics

Shares sold 5,500 shares Common stock sale reported for September 14, 2026

Sale price per share $248.99 per share Price for the 5,500 shares of common stock sold

Shares held after transaction 35,482 shares Direct holdings of Eric M. Specter after the sale

Net insider share change 5,500 shares disposed Net sell direction across all reported transactions in this Form 4

Number of sell transactions 1 transaction Single reported sale of common stock

Key Terms

Form 4, Rule 10b5-1, beneficial ownership, open market or private transaction

4 terms

Form 4 regulatory

"reported in this Form 4 filing for an insider transaction"

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 10b5-1 regulatory

"no Rule 10b5-1 trading plan is reported in connection with this sale"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

beneficial ownership financial

"post-transaction figure reflects his direct beneficial ownership in common stock"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

open market or private transaction financial

"described as a sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FIVE (FIVE BELOW, INC) disclose in this Form 4?

FIVE BELOW, INC disclosed that its Chief Accounting Officer, Eric M. Specter, sold 5,500 shares of the company’s common stock on September 14, 2026 in a reported sale transaction.

At what price were the FIVE (FIVE BELOW, INC) shares sold by the CAO?

The 5,500 shares of FIVE BELOW, INC common stock were sold at a price of $248.99 per share, as reported for the September 14, 2026 transaction.

How many FIVE (FIVE BELOW, INC) shares does Eric M. Specter hold after this sale?

After the sale, Eric M. Specter directly holds 35,482 shares of FIVE BELOW, INC common stock, according to the reported post-transaction holding figure.

Was the FIVE (FIVE BELOW, INC) insider sale made under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this sale.

What role does Eric M. Specter hold at FIVE BELOW, INC (FIVE)?

Eric M. Specter is reported as an officer of FIVE BELOW, INC with the title Chief Accounting Officer (CAO) in this Form 4 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 04:37 PM Accepted by SEC EDGAR 09/16/2026 - 04:37 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SPECTER ERIC M

(Last) (First) (Middle)

C/O FIVE BELOW, INC.

701 MARKET STREET, SUITE 300

(Street)

PHILADELPHIA PENNSYLVANIA 19106

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026

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

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

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

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	09/14/2026		S		5,500	D	$248.99	35,482	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/ Christos G. Yatrakis, Attorney-in-Fact for Eric M. Specter	09/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)