Five Below COO Kenneth Bull Sells 10,510 Shares (~$2.6M)

What Happened
Kenneth R. Bull, Chief Operating Officer of Five Below, Inc. (FIVE), sold a total of 10,510 shares in multiple open‑market transactions on September 4, 2026. The line‑item sales reported on the Form 4 have weighted‑average prices per block ranging roughly from $240.73 up to $255.17, yielding aggregate proceeds of about $2,607,113 (~$2.6M). These were outright sales (transaction code S), not purchases or option exercises.

Key Details

• Transaction date: 2026-09-04 (open‑market sales).
• Total shares sold: 10,510 shares.
• Total proceeds: ~$2,607,113 (about $2.6M).
• Reported per‑lot examples (weighted averages): 1,500 @ $240.73; 2,585 @ $255.17; other blocks at various weighted prices between those amounts.
• Price ranges: Footnotes show the underlying trades occurred at prices from about $240.50 up to $255.68 (prices reported as weighted averages; see footnotes F1–F14 for exact ranges). The filer offers to provide detailed per‑price breakdowns on request.
• Ownership after transaction: Not specified in the provided excerpt of the filing. (The full Form 4 may list post‑transaction holdings.)
• Filing timeliness: Form 4 filed 2026-09-09 for the 2026-09-04 trades. Because Sept 7 was a U.S. holiday (Labor Day), the filing date falls within the two business‑day deadline and appears timely.
• Notes: No 10b5‑1 plan, tax withholding, or option exercise was indicated in the provided transaction details.

Context
Open‑market sales by executives are common and can reflect routine portfolio management or other personal reasons; they do not, by themselves, indicate management’s view of the company’s prospects. Retail investors often place more informational weight on insider purchases than on sales. If you want the exact post‑trade holdings or a per‑trade price breakdown, request the full Form 4 or contact the SEC filer as noted in the footnotes.