Five Below (FIVE) CHRO Maureen Gellerman Receives 224-Share Award

What Happened Maureen Marie Gellerman, Chief Human Resources Officer of Five Below (FIVE), was granted 224 shares on September 23, 2026. The Form 4 reports the acquisition price as $0.00 per share (total reported consideration $0). This transaction is recorded as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-23; Form 4 filed: 2026-09-25.
• Transaction type/code: Grant/Award (A).
• Shares acquired: 224 shares; reported acquisition price: $0.00 per share (total $0 reported).
• Shares owned after transaction: Not specified in the filing.
• Footnotes/plan details: None listed on the provided transaction; no 10b5-1, tax withholding, or cashless exercise noted.
• Timeliness: Filed on Sep 25, 2026 — appears to be within the standard two-business-day Form 4 filing window.

Context Awards reported on Form 4 are commonly part of executive compensation (restricted stock, retention awards, etc.) and may be subject to vesting or other restrictions; the filing here does not specify vesting or restrictions. Because the filing reports $0.00 as the acquisition price, it does not reflect the market value of the shares at grant; it simply records the award of shares to the insider. Such grants are different from open-market purchases and are not, by themselves, a direct buy/sell signal.