Jhunjhunwala Amit 4
Research Summary
AI-generated summary
FIVE BELOW (FIVE) CIO Amit Jhunjhunwala Sells 74 Shares (Tax Withholding)
What Happened
Amit Jhunjhunwala, Chief Information Officer of Five Below (FIVE), had 74 shares disposed on March 8, 2026 as a payment to cover tax liability tied to an equity award/option event. The shares were valued at $215.28 each, for a total of about $15,931. This disposition reflects tax withholding (code F) rather than an open-market sale for cash.
Key Details
- Transaction date: 2026-03-08
- Price per share: $215.28; Shares disposed: 74; Total value: $15,931 (approx.)
- Transaction code: F — payment of exercise price or tax liability (shares withheld to satisfy tax withholding)
- Shares owned after transaction: not specified in the provided excerpt of the filing (see full Form 4 for post-transaction holdings)
- Filing date / timeliness: Form filed 2026-03-10 (filed two days after the transaction; generally within the Form 4 reporting window)
Context
- This was a tax-withholding disposition commonly seen after option exercises or vesting; it does not necessarily signal a voluntary sale or a change in the insider’s investment view.
- For options-related events, withheld shares are often used to cover taxes rather than being sold on the open market (a cashless exercise/withholding mechanism).
For complete details (post-transaction holdings, related option exercise info, or footnotes), consult the full Form 4 filing (Accession: 0001192482-26-000177).