Five Below Director Michael Devine Receives 1,663-Share Award

What Happened
Michael F. Devine III, a director of Five Below, Inc. (FIVE), was granted 1,663 shares on June 16, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) with an acquisition price of $0.00, indicating the shares were issued as compensation rather than purchased.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,663; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the provided filing summary.
• No indication in the filing of a 10b5‑1 plan, tax withholding (F), or sale tied to the award.

Context
An "A" code grant means shares were issued as compensation or an award to the insider; the $0 reported acquisition price reflects that the director did not pay cash for the shares, not the market value. Grants to directors are routine corporate compensation and do not, by themselves, signal buying or selling conviction.