Five Below (FIVE) COO uses 556 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Five Below COO Kenneth R. Bull reported routine tax-related share dispositions tied to equity compensation. On March 7 and 8, a total of 556 shares of common stock were withheld at $215.28 per share to cover tax obligations. After these transactions, Bull directly owned 96,690 shares of Five Below common stock, so the withholding represents a small portion of his overall stake and does not reflect an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BULL KENNETH R
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 358 | $215.28 | $77K |
| Tax Withholding | Common Stock | 198 | $215.28 | $43K |
Holdings After Transaction:
Common Stock — 96,690 shares (Direct)
Footnotes (1)
FAQ
What did Five Below (FIVE) COO Kenneth Bull report in this Form 4?
Kenneth Bull reported tax-related dispositions of Five Below common stock. A total of 556 shares were withheld by the company to satisfy tax obligations associated with equity compensation, rather than being sold on the open market.
Were Kenneth Bull’s Five Below (FIVE) transactions open-market sales?
No, the transactions were coded as tax-withholding dispositions. The shares were delivered to cover tax liabilities related to equity awards, meaning they were not discretionary open-market sales initiated by the COO.
What transaction code was used in Kenneth Bull’s Five Below (FIVE) Form 4?
The Form 4 uses transaction code F for both entries. Code F indicates payment of an exercise price or tax liability by delivering securities, confirming these were tax-withholding dispositions rather than standard market purchases or sales.