Park Winifred 4

What Happened
Winifred Park, President, CEO and a director of Five Below (FIVE), disposed of 2,580 shares on March 20, 2026 to satisfy a tax or exercise-related obligation. The shares were valued at $227.42 each, for a total of approximately $586,744. This transaction is reported on Form 4 as a payment of exercise price or tax liability (code F) — a routine surrender/withholding of shares rather than an open-market sale.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (within the typical two-business-day filing window).
• Shares involved: 2,580; Price per share: $227.42; Total value: ~$586,744.
• Transaction type/code: F — payment of exercise price or tax liability (share surrender/withholding).
• Shares owned after transaction: Not specified in the provided filing excerpt. Check the full Form 4 for updated beneficial ownership.
• Notable: This appears to be a sell-to-cover or share surrender to meet tax/exercise obligations, a common administrative transaction.

Context
When insiders exercise options or receive awards, companies often withhold or accept surrendered shares to cover taxes or the exercise price. Such transactions (code F) typically reflect tax settlement mechanics rather than a directional bet on the stock; they are different from voluntary open-market sales or purchases.