Five Below (NASDAQ: FIVE) director granted 134 shares as retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lathi Dinesh S. reported acquisition or exercise transactions in this Form 4 filing.
Five Below, Inc. director Dinesh S. Lathi received 134 shares of common stock as a grant. The shares were awarded in lieu of a quarterly cash retainer of 31,250.00 under the company’s Compensation Policy for Non-Employee Directors, with applicable taxes withheld. Following this award, Lathi directly holds 13,236 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lathi Dinesh S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 134 | $231.10 | $31K |
Holdings After Transaction:
Common Stock — 13,236 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 134 shares
Per-share value: 231.10 per share
Retainer amount: 31,250.00
+1 more
4 metrics
Shares granted
134 shares
Common stock grant to non-employee director
Per-share value
231.10 per share
Value used for the compensation share grant
Retainer amount
31,250.00
Quarterly director retainer paid in shares
Post-transaction holdings
13,236 shares
Director’s direct common stock holdings after grant
Key Terms
Form 4, Common Stock, Compensation Policy for Non-Employee Directors, quarterly retainer payment, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Compensation Policy for Non-Employee Directors financial
"pursuant to the Five Below, Inc. Compensation Policy for Non-Employee Directors in lieu"
quarterly retainer payment financial
"in lieu of a quarterly retainer payment of 31,250.00, less applicable tax withholdings"
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did FIVE director Dinesh S. Lathi report?
Director Dinesh S. Lathi reported receiving 134 shares of Five Below common stock. The shares were granted as part of his director compensation, replacing a quarterly cash retainer, and increased his direct holdings to 13,236 shares after the transaction.
Was the FIVE insider transaction a market buy or a compensation grant?
The transaction was a compensation grant, not a market purchase. The 134 shares were issued under Five Below’s Compensation Policy for Non-Employee Directors in lieu of a quarterly cash retainer, rather than bought on the open market.
How was the Five Below director’s quarterly retainer handled in this transaction?
The quarterly retainer of 31,250.00 for the non-employee director was paid in stock rather than cash. Five Below issued 134 common shares to Dinesh S. Lathi under its Compensation Policy, after accounting for applicable tax withholdings on the retainer amount.