Five Below CIO Amit Jhunjhunwala Surrenders 3,935 Shares for Taxes

What Happened
Amit Jhunjhunwala, Chief Information Officer of Five Below (FIVE), surrendered 3,935 shares to satisfy tax withholding related to an equity award/option exercise. The disposition was reported at $217.13 per share, for a total value of approximately $854,407. This was a tax-withholding disposition (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-08-01; Filing date: 2026-08-04.
• Price per share: $217.13; Shares surrendered: 3,935; Reported value: ~$854,407.
• Transaction type: Tax withholding related to an option exercise (F = payment of exercise price or tax liability).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Late filing: Filing was submitted three days after the transaction; no explicit late-filing indicator was provided in the data you supplied.

Context
Tax-withholding dispositions are routine when executives exercise stock options or receive vested awards and taxes are satisfied by withholding or surrendering shares. These transactions typically do not signal a personal decision to liquidate holdings on the open market and should be interpreted differently than voluntary sales.