[25-NSE] MARIN SOFTWARE INCORPORATED SEC Filing
On 21 July 2025, Chief Retail Officer George Hill filed a Form 4 reporting two transactions in Five Below (FIVE) common stock:
- 06/30/2025 – Code J: Acquired 42 shares at $118.06 through a Rule 16b-3(c) employee stock purchase plan.
- 07/17/2025 – Code S: Sold 1,500 shares at $140.00 under a pre-arranged Rule 10b5-1 trading plan.
After the transactions Hill directly owns 42,672 shares of FIVE. No derivative securities were reported.
Il 21 luglio 2025, il Chief Retail Officer George Hill ha presentato un Modulo 4 segnalando due operazioni sul titolo ordinario di Five Below (FIVE):
- 30/06/2025 – Codice J: Acquisto di 42 azioni a 118,06 $ tramite un piano di acquisto azioni per dipendenti conforme alla Regola 16b-3(c).
- 17/07/2025 – Codice S: Vendita di 1.500 azioni a 140,00 $ secondo un piano di trading predefinito ai sensi della Regola 10b5-1.
Dopo queste operazioni, Hill detiene direttamente 42.672 azioni di FIVE. Non sono stati segnalati titoli derivati.
El 21 de julio de 2025, el Director de Retail George Hill presentó un Formulario 4 reportando dos transacciones con acciones comunes de Five Below (FIVE):
- 30/06/2025 – Código J: Adquirió 42 acciones a $118.06 mediante un plan de compra de acciones para empleados bajo la Regla 16b-3(c).
- 17/07/2025 – Código S: Vendió 1,500 acciones a $140.00 conforme a un plan de trading preestablecido bajo la Regla 10b5-1.
Tras estas transacciones, Hill posee directamente 42,672 acciones de FIVE. No se reportaron valores derivados.
2025년 7월 21일, 최고 소매 책임자 조지 힐이 Five Below(FIVE) 보통주에 대한 두 건의 거래를 보고하는 Form 4를 제출했습니다:
- 2025년 6월 30일 – 코드 J: 직원 주식 구매 계획(Rule 16b-3(c))에 따라 42주를 주당 $118.06에 취득했습니다.
- 2025년 7월 17일 – 코드 S: 사전 승인된 Rule 10b5-1 거래 계획에 따라 1,500주를 주당 $140.00에 매도했습니다.
이 거래 후 힐은 FIVE 주식 42,672주를 직접 보유하고 있습니다. 파생 증권은 보고되지 않았습니다.
Le 21 juillet 2025, le Chief Retail Officer George Hill a déposé un formulaire 4 signalant deux transactions sur des actions ordinaires de Five Below (FIVE) :
- 30/06/2025 – Code J : Acquisition de 42 actions à 118,06 $ via un plan d'achat d'actions pour employés conforme à la règle 16b-3(c).
- 17/07/2025 – Code S : Vente de 1 500 actions à 140,00 $ dans le cadre d'un plan de trading préétabli selon la règle 10b5-1.
Après ces transactions, Hill détient directement 42 672 actions de FIVE. Aucun titre dérivé n’a été déclaré.
Am 21. Juli 2025 reichte Chief Retail Officer George Hill ein Formular 4 ein, in dem zwei Transaktionen mit Stammaktien von Five Below (FIVE) gemeldet wurden:
- 30.06.2025 – Code J: Erwerb von 42 Aktien zu 118,06 $ im Rahmen eines Mitarbeiteraktienkaufplans gemäß Regel 16b-3(c).
- 17.07.2025 – Code S: Verkauf von 1.500 Aktien zu 140,00 $ unter einem vorab vereinbarten Handelsplan gemäß Regel 10b5-1.
Nach den Transaktionen besitzt Hill direkt 42.672 Aktien von FIVE. Es wurden keine Derivate gemeldet.
- Compliance with Rule 10b5-1 and 16b-3(c) demonstrates adherence to insider-trading safeguards and transparent governance.
- Sale of 1,500 shares at $140 trims insider stake by ~3.4%, which some investors may view as mild profit-taking.
Insights
TL;DR: Small, pre-planned insider sale (~3.4% of holding) after modest purchase; signals limited directional insight, overall neutral.
The 1,500-share sale reduced Hill’s stake from 44,172 to 42,672 shares—a 3.4% trim. Because the sale was executed under a Rule 10b5-1 plan, it is considered pre-scheduled, lessening its informational value regarding management sentiment. The prior 42-share purchase was de minimis and conducted via a stock purchase plan, offering little incremental signal. The absence of derivative activity or larger volume suggests the filing is routine and unlikely to materially affect valuation or trading dynamics.
TL;DR: Governance-compliant trades under Rule 10b5-1 and 16b-3(c); transparency high, no red flags.
Hill’s use of both an employee purchase plan and a 10b5-1 program aligns with best-practice governance, mitigating potential insider-trading concerns. The Form 4 was filed within the two-business-day window, and the limited volume relative to total ownership supports a neutral governance assessment.
Il 21 luglio 2025, il Chief Retail Officer George Hill ha presentato un Modulo 4 segnalando due operazioni sul titolo ordinario di Five Below (FIVE):
- 30/06/2025 – Codice J: Acquisto di 42 azioni a 118,06 $ tramite un piano di acquisto azioni per dipendenti conforme alla Regola 16b-3(c).
- 17/07/2025 – Codice S: Vendita di 1.500 azioni a 140,00 $ secondo un piano di trading predefinito ai sensi della Regola 10b5-1.
Dopo queste operazioni, Hill detiene direttamente 42.672 azioni di FIVE. Non sono stati segnalati titoli derivati.
El 21 de julio de 2025, el Director de Retail George Hill presentó un Formulario 4 reportando dos transacciones con acciones comunes de Five Below (FIVE):
- 30/06/2025 – Código J: Adquirió 42 acciones a $118.06 mediante un plan de compra de acciones para empleados bajo la Regla 16b-3(c).
- 17/07/2025 – Código S: Vendió 1,500 acciones a $140.00 conforme a un plan de trading preestablecido bajo la Regla 10b5-1.
Tras estas transacciones, Hill posee directamente 42,672 acciones de FIVE. No se reportaron valores derivados.
2025년 7월 21일, 최고 소매 책임자 조지 힐이 Five Below(FIVE) 보통주에 대한 두 건의 거래를 보고하는 Form 4를 제출했습니다:
- 2025년 6월 30일 – 코드 J: 직원 주식 구매 계획(Rule 16b-3(c))에 따라 42주를 주당 $118.06에 취득했습니다.
- 2025년 7월 17일 – 코드 S: 사전 승인된 Rule 10b5-1 거래 계획에 따라 1,500주를 주당 $140.00에 매도했습니다.
이 거래 후 힐은 FIVE 주식 42,672주를 직접 보유하고 있습니다. 파생 증권은 보고되지 않았습니다.
Le 21 juillet 2025, le Chief Retail Officer George Hill a déposé un formulaire 4 signalant deux transactions sur des actions ordinaires de Five Below (FIVE) :
- 30/06/2025 – Code J : Acquisition de 42 actions à 118,06 $ via un plan d'achat d'actions pour employés conforme à la règle 16b-3(c).
- 17/07/2025 – Code S : Vente de 1 500 actions à 140,00 $ dans le cadre d'un plan de trading préétabli selon la règle 10b5-1.
Après ces transactions, Hill détient directement 42 672 actions de FIVE. Aucun titre dérivé n’a été déclaré.
Am 21. Juli 2025 reichte Chief Retail Officer George Hill ein Formular 4 ein, in dem zwei Transaktionen mit Stammaktien von Five Below (FIVE) gemeldet wurden:
- 30.06.2025 – Code J: Erwerb von 42 Aktien zu 118,06 $ im Rahmen eines Mitarbeiteraktienkaufplans gemäß Regel 16b-3(c).
- 17.07.2025 – Code S: Verkauf von 1.500 Aktien zu 140,00 $ unter einem vorab vereinbarten Handelsplan gemäß Regel 10b5-1.
Nach den Transaktionen besitzt Hill direkt 42.672 Aktien von FIVE. Es wurden keine Derivate gemeldet.
FAQ
How many Five Below (FIVE) shares did George Hill sell on 07/17/2025?
At what price were the FIVE shares sold?
How many shares does George Hill own after these transactions?
Was the sale executed under a pre-arranged trading plan?
Were any derivative securities involved in this Form 4 filing?
Did the insider also purchase shares during the period?
