VAUGHN MIMI ECKEL 4

What Happened

Mimi Eckel, a director of Five Below (FIVE), was issued 96 shares on 2026-05-04 as an award (reported as an acquisition) at a reported price of $231.10 per share, for a reported total value of $22,186. The shares were issued in lieu of her quarterly cash retainer.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (appears timely).
• Transaction type/code: Award/Acquisition (A).
• Shares issued: 96 at $231.10 per share; total reported value $22,186.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Shares were issued under Five Below’s Compensation Policy for Non-Employee Directors in lieu of a $22,500 quarterly retainer, less applicable tax withholdings (resulting in the net share issuance).

Context

This was a routine compensation issuance to a non-employee director rather than an open-market purchase or sale. Such awards are commonly used to compensate and align directors with shareholder interests; the footnote indicates taxes were withheld rather than a separate cash payment.