Gellerman Maureen Marie 4

What Happened
Maureen Gellerman, Chief Human Resources Officer of Five Below (FIVE), had 19 shares disposed of on March 8, 2026 to satisfy tax withholding obligations. The shares were valued at $215.28 each, for a total disposition of approximately $4,090. This was a tax-withholding transaction (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-08; Filing date: 2026-03-10 (Form 4). Filing appears timely (filed two days after the transaction).
• Price per share: $215.28; Shares withheld/disposed: 19; Total value: ~$4,090.
• Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No mention of a 10b5-1 plan or other special instruction in the supplied details.

Context
Withholding shares to cover taxes is a routine administrative action following option exercises or restricted stock vesting and generally does not indicate a deliberate sale or change in insider sentiment. For derivative-related events, this is typically a cashless/tax-withholding step rather than an open-market trade.