Five Below (FIVE) CHRO Maureen Gellerman Sells 167 Shares

What Happened

• Maureen Marie Gellerman, Chief Human Resources Officer (CHRO) of Five Below, had 167 shares disposed on Sept 6, 2026 to satisfy a tax liability related to equity compensation. The shares were recorded at $252.20 each, for a total value of approximately $42,117. The Form 4 reports the disposition as transaction code "F" (payment of exercise price or tax liability).

Key Details

• Transaction date: 2026-09-06
• Price per share: $252.20; Shares disposed: 167; Total value: ~$42,117
• Transaction code: F — payment of exercise price or tax liability (commonly a sell-to-cover or share withholding to satisfy taxes)
• Filing date / accession: Filed 2026-09-09 (appears to be within the standard Form 4 reporting window)
• Shares owned after transaction: Not specified in this filing
• No 10b5-1 plan or other special instructions noted in the provided details

Context

• This appears to be a routine tax-withholding/share-withdrawal related to equity compensation (options or restricted stock vesting), not an open-market investment decision. Such dispositions are common when executives satisfy tax obligations and do not necessarily signal a view on the company’s prospects.