Five Below (NASDAQ: FIVE) director paid quarterly retainer in stock grant
Rhea-AI Filing Summary
VAUGHN MIMI ECKEL reported acquisition or exercise transactions in this Form 4 filing.
FIVE BELOW, INC director Mimi Eckel Vaughn received a stock grant as board compensation. She was awarded 96 shares of common stock on a grant basis, not through an open-market purchase, at a reported price of $231.10 per share.
The shares were issued under Five Below’s Compensation Policy for Non-Employee Directors in lieu of a quarterly cash retainer of $22,500, less tax withholdings. After this award, she directly holds 4,862 shares of Five Below common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 96 shares
Net Buy
1 txn
Insider
VAUGHN MIMI ECKEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 96 | $231.10 | $22K |
Holdings After Transaction:
Common Stock — 4,862 shares (Direct)
Footnotes (1)
- F1. The shares were issued to the reporting person pursuant to the Five Below, Inc. Compensation Policy for Non-Employee Directors in lieu of a quarterly retainer payment of $22,500.00, less applicable tax withholdings.
Key Figures
Stock grant size: 96 shares
Reported share price: $231.10 per share
Quarterly retainer value: $22,500.00
+1 more
4 metrics
Stock grant size
96 shares
Common stock awarded as director compensation
Reported share price
$231.10 per share
Value used for the 96-share grant
Quarterly retainer value
$22,500.00
Director retainer paid in stock, before tax withholdings
Post-grant holdings
4,862 shares
Total common stock directly held after the transaction
Key Terms
Compensation Policy for Non-Employee Directors, quarterly retainer payment, tax withholdings, Grant, award, or other acquisition
4 terms
Compensation Policy for Non-Employee Directors financial
"issued to the reporting person pursuant to the Five Below, Inc. Compensation Policy for Non-Employee Directors"
quarterly retainer payment financial
"in lieu of a quarterly retainer payment of $22,500.00"
tax withholdings financial
"quarterly retainer payment of $22,500.00, less applicable tax withholdings"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Five Below (FIVE) director Mimi Eckel Vaughn report in this Form 4?
Mimi Eckel Vaughn reported receiving 96 shares of Five Below common stock as a grant. The award was issued as non-cash board compensation under the company’s policy for non-employee directors, rather than an open-market stock purchase or sale.
Was the Five Below (FIVE) Form 4 transaction a stock purchase or compensation grant?
The transaction was a compensation grant, not a market purchase. Vaughn received 96 shares of common stock as a director fee in stock, replacing a quarterly retainer payment, according to the company’s Compensation Policy for Non-Employee Directors.