Five Below (FIVE) CIO stock withheld to cover tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Five Below, Inc. Chief Information Officer Amit Jhunjhunwala reported two tax-related share dispositions. On March 20 and March 21, a total of 790 shares of common stock were withheld at $227.42 per share to cover tax obligations. After these non-market transactions, he directly owned 23,897 shares of Five Below common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jhunjhunwala Amit
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 227 | $227.42 | $52K |
| Tax Withholding | Common Stock | 563 | $227.42 | $128K |
Holdings After Transaction:
Common Stock — 23,897 shares (Direct)
Footnotes (1)
FAQ
What did Five Below (FIVE) executive Amit Jhunjhunwala report in this Form 4?
Amit Jhunjhunwala reported shares withheld to cover tax obligations. Two Form 4 transactions used 790 Five Below common shares for tax withholding, rather than open-market sales, while he continued to hold a sizable direct position afterward.
Were Amit Jhunjhunwala’s Five Below (FIVE) transactions open-market sales?
No, the transactions were not open-market sales. Both entries are coded as “F,” meaning shares were withheld by the issuer to satisfy tax liabilities, a routine administrative disposition rather than a discretionary buy or sell decision.
What role does Amit Jhunjhunwala hold at Five Below (FIVE)?
Amit Jhunjhunwala serves as Chief Information Officer at Five Below. His Form 4 filing reflects equity-related activity tied to his position, specifically routine tax-withholding dispositions of company common stock rather than voluntary market purchases or sales.