[Form 4] FIVE BELOW, INC Insider Trading Activity

Rhea-AI Filing Summary

Graham Poliner, an officer of Five Below, Inc. (FIVE), reported an acquisition of 79 shares of the company's common stock on 09/16/2025. The transaction is coded as an acquisition with a reported price of $0. After the transaction, Mr. Poliner beneficially owned 19,741 shares directly. The Form 4 was signed by an attorney-in-fact on 09/18/2025.

Positive

• Officer acquisition disclosed: 79 shares acquired on 09/16/2025
• Clear post-transaction ownership: beneficial ownership reported as 19,741 shares

Negative

• None.

Insights

Financial Analyst

TL;DR Routine small insider acquisition increasing direct holdings to 19,741 shares; likely immaterial to valuation.

The filing documents a straightforward acquisition of 79 common shares by officer Graham Poliner on 09/16/2025, reported at a price of $0 and raising direct beneficial ownership to 19,741 shares. For a public company, this size of transaction is small relative to typical market capitalization and does not indicate a material change in insider exposure or corporate capital structure. The use of an attorney-in-fact to sign is a standard administrative step and does not affect the substance of the transaction.

Corporate Governance Expert

TL;DR Standard Section 16 disclosure showing an officer's acquisition; no governance red flags in the filing.

The Form 4 identifies Graham Poliner as an officer and discloses an acquisition of 79 shares on 09/16/2025 with post-transaction direct ownership of 19,741 shares. The report was executed by an attorney-in-fact on 09/18/2025. The disclosure appears complete for the reported transaction type and timing; there are no indicated amendments or unusual reporting items in the provided content.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Poliner Graham

(Last) (First) (Middle)

C/O FIVE BELOW, INC.

701 MARKET STREET, SUITE 300

(Street)

PHILADELPHIA PA 19106

(City) (State) (Zip)

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)
	CSBIAO

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/16/2025		A		79	A	$0	19,741	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:

	/s/ Ronald J. Masciantonio, as Attorney-In-Fact for Graham Poliner	09/18/2025
	** 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.

FAQ

What did Graham Poliner report on the FIVE Form 4?

He reported acquiring 79 shares of Five Below common stock on 09/16/2025, increasing his direct beneficial ownership to 19,741 shares.

What price was reported for the acquisition on the Form 4 for FIVE?

The reported price was $0 for the 79-share acquisition as stated in the filing.

When was the Form 4 for FIVE signed and by whom?

The form was signed on 09/18/2025 by Ronald J. Masciantonio as attorney-in-fact for Graham Poliner.

What is the reporting person's relationship to FIVE?

Graham Poliner is listed as an officer (reporting indicates Officer role).

Does the Form 4 show any derivative transactions for FIVE?

No derivative securities are reported in the provided Table II content.