MARKEE RICHARD L 4

What Happened Richard L. Markee, a director of Five Below, sold 3,000 shares in an open-market transaction on March 26, 2026. The shares were sold at $232.04 each for a total proceeds of approximately $696,120. This was a sale (S) reported on a Form 4; sales by insiders are often routine liquidity events and do not by themselves signal a change in company outlook.

Key Details

• Transaction date: March 26, 2026
• Transaction type: Open-market sale (Code S)
• Shares sold: 3,000 at $232.04 per share
• Total value: ~$696,120
• Shares owned after transaction: Not stated in the filing
• Footnotes/plan: No 10b5‑1 plan, tax-withholding, or other footnotes indicated in the reported transaction
• Filing date/timeliness: Form 4 filed March 30, 2026 — appears to have been filed within the required two business days

Context Insider sales can reflect many non‑market reasons (diversification, tax planning, personal liquidity) and are not definitive indicators of management’s view of the company. Purchases are generally more informative about insider confidence; this report documents a routine director sale. Monitor future filings for any pattern of insider buying or selling.