Five Below (FIVE) CAO Eric Specter Receives 701-Share Award

What Happened

• Eric M. Specter, Chief Accounting Officer of Five Below (FIVE), was granted/awarded 701 shares on March 19, 2026. The reported acquisition price is $0.00, indicating these were awarded shares (e.g., restricted stock or RSUs) rather than an open-market purchase.
• This filing is an amendment: an Initial Form 4 filed March 23, 2026 had mistakenly reported a 1,058-share grant; 357 of those shares had been previously reported, so this amendment corrects the award amount and the insider’s beneficial ownership reporting.

Key Details

• Transaction date: March 19, 2026 — Grant/award (code A)
• Amount: 701 shares acquired at $0.00 per share (no cash paid)
• Amendment: Amended Form 4 filed April 22, 2026 to correct an earlier overreporting (Initial Form 4 on Mar 23 had shown 1,058 shares; 357 were already reported)
• Post-transaction beneficial ownership: corrected in the amendment; specific total holdings not provided in the summary data here
• No sale or open-market purchase reported; no 10b5-1 plan or tax-withholding details disclosed in this filing

Context

• Awards (priced at $0) are typically part of compensation (e.g., restricted stock or RSUs) and do not necessarily signal a buying decision by the insider. They may vest over time and become taxable when vested.
• The amendment improves the accuracy of public insider records; the initial Form 4 filing (Mar 23) appears to have been timely, but required correction to reflect previously reported shares.