Five Below (FIVE) COO Kenneth Bull Surrenders 5,247 Shares for Taxes

What Happened Kenneth R. Bull, Chief Operating Officer of Five Below (FIVE), had 5,247 shares withheld/disposed to satisfy tax liabilities tied to an option exercise. The withholding occurred at an effective per-share value of $217.13, totaling approximately $1,139,281, on August 1, 2026. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: August 1, 2026; Form 4 filed August 4, 2026.
• Shares withheld/disposed: 5,247 at $217.13 per share; total value ≈ $1,139,281.
• Transaction code: F — payment of exercise price or tax liability (shares surrendered to cover taxes).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: no late-filing flag indicated in the provided data.

Context This type of transaction commonly reflects tax withholding after an option exercise (a cashless or net-share settlement), not a discretionary sale to take profits. Such withholdings are routine and generally do not signal the insider’s view on the company’s prospects.