Five Below (FIVE) CAO Eric Specter Receives 758-Share Award

What Happened
Eric M. Specter, Chief Accounting Officer of Five Below, was granted 758 shares on 2026-06-15. The Form 4 reports the transaction as an award/grant (transaction code A) with an acquisition price of $0.00 (total $0 reported on the filing). This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-15; Type: Award/Grant (Code A)
• Shares granted: 758; Reported acquisition price: $0.00 (per Form 4)
• Shares owned after transaction: Not disclosed in the provided summary of this filing
• Footnotes/notable items: No 10b5‑1 plan, tax‑withholding, or other footnotes provided in the supplied data
• Filing timeliness: Form 4 filed 2026-06-17 (two days after the transaction) — appears timely under Form 4 reporting rules

Context
Stock awards are typically part of executive compensation and often vest over time; they do not necessarily reflect immediate trading intent or a buy/sell signal. For retail investors, purchases (cash acquisitions) are generally more informative about insider conviction than routine compensation grants.