Five Below (NASDAQ: FIVE) COO sells 10,000 shares, retains 92,531

Rhea-AI Filing Summary

Five Below COO Kenneth R. Bull reported a mix of stock grants and sales. On March 19, he received two grant or award acquisitions of common stock, then had 1,351 shares withheld to cover tax obligations at a reported price of $235.17 per share.

On March 20, Bull executed three open-market sales totaling 10,000 shares of common stock at weighted average prices reported around $236.07, $235.46, and $233.04, with actual trade ranges disclosed in price footnotes. Following these transactions, he directly owns 92,531 shares of Five Below common stock.

Insider Trade Summary

Net Seller: 10,000 shares ($2,341,373)

Net Sell 6 txns

Insider BULL KENNETH R

Role COO

Sold 10,000 shs ($2.34M)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$236.07	$472K
Sale	Common Stock	2,030	$235.46	$478K
Sale	Common Stock	5,970	$233.04	$1.39M
Grant/Award	Common Stock	4,252	$0.00	--
Grant/Award	Common Stock	2,940	$0.00	--
Tax Withholding	Common Stock	1,351	$235.17	$318K

Holdings After Transaction: Common Stock — 100,531 shares (Direct)

Footnotes (1)

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.00 to $236.355, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes of this Form 4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.00 to $235.76, inclusive. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.00 to $233.22, inclusive.

Form 4 Insider Transactions: What Each Field Means →

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^*

BULL KENNETH R

(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)
	COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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	03/19/2026		A		4,252	A	$0	100,942	D
Common Stock	03/19/2026		A		2,940	A	$0	103,882	D
Common Stock	03/19/2026		F		1,351	D	$235.17	102,531	D
Common Stock	03/20/2026		S		2,000	D	$236.07(1)	100,531	D
Common Stock	03/20/2026		S		2,030	D	$235.46(2)	98,501	D
Common Stock	03/20/2026		S		5,970	D	$233.04(3)	92,531	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:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.00 to $236.355, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes of this Form 4.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.00 to $235.76, inclusive.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.00 to $233.22, inclusive.

	/s/ Kenneth R. Bull	03/23/2026
	** 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)

FAQ

What insider transactions did FIVE COO Kenneth Bull report?

Kenneth Bull reported stock grants, tax withholding, and sales. He received two common stock awards, had 1,351 shares withheld for taxes, and sold 10,000 shares in three open-market transactions, ending with 92,531 shares held directly.

How many Five Below (FIVE) shares did the COO sell?

The COO sold 10,000 shares of Five Below common stock. These were completed in three open-market transactions on March 20 at weighted average prices reported around $236.07, $235.46, and $233.04 per share, with specific price ranges detailed in footnotes.

What is Kenneth Bull's remaining Five Below (FIVE) shareholding?

Kenneth Bull now directly holds 92,531 Five Below shares. This total reflects his reported grants, tax-withholding disposition of 1,351 shares, and subsequent open-market sales of 10,000 shares disclosed in this Form 4 filing.

Were the Five Below COO's stock sales open-market transactions?

Yes, the reported sales were open-market transactions. Each transaction is coded "S" for sale, described as an open-market or private transaction, with weighted average prices and detailed price ranges disclosed in the accompanying footnotes.

Did the Five Below (FIVE) COO receive new stock awards in this filing?

Yes, Kenneth Bull received two stock awards. On March 19 he acquired 4,252 and 2,940 shares of common stock as grants or awards, before a portion of shares was withheld to satisfy tax obligations related to these equity awards.

What tax-related share disposition did the Five Below COO report?

He reported a tax-withholding disposition of 1,351 shares. This transaction, coded "F", reflects shares delivered at a reported price of $235.17 per share to satisfy tax liabilities tied to his stock awards, not an open-market sale.