BULL KENNETH R 4

What Happened Kenneth R. Bull, Chief Operating Officer of Five Below (FIVE), had 1,869 shares disposed (withheld) to satisfy tax withholding tied to equity compensation. The shares were valued at $190.37 each, for a total of approximately $355,802. This was not an open-market sale or a purchase but a tax-withholding disposition related to a prior grant or exercise.

Key Details

• Transaction date: 2026-01-23; filing date (Form 4): 2026-01-27 (appears timely).
• Disposed/withheld: 1,869 shares at $190.37 per share; total value ~ $355,802.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the summary details provided.
• No 10b5-1 plan or other special program was noted in the provided details.

Context Code F typically reflects withholding of shares to cover taxes on vested awards or option exercises (a routine administrative step, often called a cashless/tax-withholding disposition). Such withholding is common and generally not taken as a direct signal of insider sentiment; outright purchases are more indicative of bullish conviction. The filing appears timely under Form 4 reporting rules.