Gellerman Maureen Marie 4

What Happened

Maureen Marie Gellerman, Chief Human Resources Officer (CHRO) of Five Below, received two awards on 2026-03-19 totaling 1,169 shares (935 shares + 234 shares) at an acquisition price of $0.00 (codes A). To cover tax withholding related to the awards, 68 shares were disposed on the same date under code F at $235.17 per share, producing proceeds of $15,992.

This transaction is an equity award (compensation) rather than an open-market purchase or a voluntary sale; the 68-share disposal reflects routine tax withholding rather than a directional trade signal.

Key Details

• Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filed within the typical two-business-day window).
• Awards: 935 shares and 234 shares granted (acquisition price reported as $0.00; code A).
• Tax withholding/disposition: 68 shares disposed at $235.17 each; total value reported $15,992 (code F).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notes: Code A = award/grant; code F = payment of exercise price or tax liability (here used for withholding). No 10b5-1 plan or other footnotes were provided in the excerpt.

Context

Awards are a common form of executive compensation; selling or surrendering a small number of award shares to satisfy tax withholding is routine and does not necessarily indicate a view on the company’s stock. For retail investors, grants increase an insider’s potential future stake, while the withholding sale simply addresses tax obligations.