Lathi Dinesh S. 4

What Happened
Dinesh S. Lathi, a director of Five Below, received an award of 134 shares of FIVE on 2026-05-04. The reported transaction price was $231.10 per share, for a total value of $30,967. This was an award/acquisition (transaction code A) issued as director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-04; Filing date: 2026-05-06 (timely filing).
• Shares awarded: 134 at $231.10 per share; total value reported $30,967.
• Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
• Footnote: Shares were issued under the Five Below Compensation Policy for Non-Employee Directors in lieu of a quarterly retainer of $31,250, less applicable tax withholdings (i.e., net shares issued).
• Transaction code: A = Award/Grant. No 10b5-1 plan or other trading plan noted.

Context
This was a routine director compensation award (issued in lieu of a cash retainer) and should be viewed as remuneration rather than a direct signal of the director’s market view. Tax withholding reduced the gross share equivalent, resulting in the net 134 shares reported.