Five Below CHRO Maureen Gellerman Sells 1,869 Shares (Tax Withholding)

What Happened

• Maureen Gellerman, Chief Human Resources Officer of Five Below (FIVE), had 1,869 shares disposed (withheld) to satisfy a tax obligation on Aug 1, 2026. The shares were valued at $217.13 each, for a total of approximately $405,816.
• The transaction is reported under code "F," indicating shares were surrendered to cover tax withholding (commonly following option exercises or restricted stock vesting), not an open-market sale intended as a trading decision.

Key Details

• Transaction date: 2026-08-01
• Price per share: $217.13
• Shares disposed: 1,869; total value: ~$405,816
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld to cover taxes)
• Shares owned after the transaction: not specified in the information provided
• Filing date: 2026-08-04 (filed three days after the transaction). Form 4s are generally due within two business days; whether this filing is formally late depends on business-day counting and any weekend/holiday effects.

Context

• Tax-withholding disposals are routine and typically do not signal an executive's view on the company's outlook the way discretionary open-market purchases or sales might. This appears to be a settlement to meet tax obligations from equity compensation rather than a directional trade.