FIVE BELOW, INC·4

Mar 24, 5:27 PM ET

Hawkins Jacob Kimball 4

Research Summary

AI-generated summary

Updated

Five Below (FIVE) CMOO Jacob Hawkins Withholds 407 Shares for Taxes

What Happened
Jacob Hawkins, Chief Merchandising & Operations Officer (CMOO) of Five Below (FIVE), had 407 shares withheld to satisfy tax liabilities tied to an option exercise or award. The shares were valued at $227.42 each for a total of approximately $92,560. This was a tax-withholding disposal (not an open-market sale).

Key Details

  • Transaction date: 2026-03-20; withholding price: $227.42 per share; total value ≈ $92,559.94 (~$92,560).
  • Transaction code: F — Payment of exercise price or tax liability (shares withheld).
  • Shares owned after the transaction: not specified in the provided filing.
  • Filing: Form 4 filed 2026-03-24 — appears to be timely (filed within the SEC’s reporting window).
  • No indication in the filing of a 10b5-1 plan or an open-market sale; this was a routine tax withholding.

Context
Withholding or surrendering shares to cover taxes is common when stock options vest or restricted stock units settle; it’s a tax-administration step rather than a market sale and generally shouldn’t be interpreted as a bearish signal.