SARGENT RONALD 4

What Happened

• Ronald Sargent, a director of Five Below, sold a total of 20,000 shares in open-market transactions across March 23–24, 2026. He disposed of 10,000 shares on 2026-03-23 at a weighted-average price reported as $231.28 (proceeds $2,312,791) and 10,000 shares on 2026-03-24 at a weighted-average price reported as $231.75 (proceeds $2,317,500). Combined proceeds from the sales were $4,630,291. These were sales (dispositions), which are often routine transactions rather than an explicit signal about company prospects.

Key Details

• Transaction dates and reported prices:
  • 2026-03-23: 10,000 shares sold, weighted-average $231.28; footnote F1 indicates individual trade prices ranged $231.00–$231.78.
  • 2026-03-24: 10,000 shares sold, weighted-average $231.75; footnote F3 indicates individual trade prices ranged $231.50–$232.00.
• Combined proceeds: $4,630,291.
• Shares owned after transaction: not specified in the provided extract; filing notes a clerical correction to beneficial ownership (footnote F2).
• No 10b5-1 plan, gift, option exercise, or tax-withholding mechanism is disclosed in the provided details.
• Filing date: 2026-03-25 (filed within the Form 4 required reporting window, i.e., timely).

Context

• These were open-market sales (transaction code S). Sales by directors can be for many personal or financial reasons and do not necessarily reflect insider views on the company. Purchases typically carry more direct weight as a bullish signal; here, the activity is a disposition. Retail investors should consider this alongside other insider filings, company fundamentals, and market conditions.