Five Below (FIVE) Director Dinesh Lathi Receives 138-Share Award

What Happened
Dinesh S. Lathi, a director of Five Below, received an award of 138 shares on August 3, 2026. The shares were issued at $216.70 per share, for a total reported value of $29,905. This was an acquisition via award (transaction code A) and represents routine director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-08-03; filing date (Form 4): 2026-08-05 (appears timely).
• Price/value: 138 shares × $216.70 = $29,905 (reported).
• Transaction type: A (award/grant/acquisition) — shares issued in lieu of a quarterly retainer.
• Footnote: Shares were issued pursuant to Five Below’s Compensation Policy for Non-Employee Directors in lieu of a $31,250 quarterly retainer, net of applicable tax withholdings.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context
Director share awards are common as part of non-employee director pay and are typically routine compensation. Because this was an issuance under the company’s compensation policy (and includes tax withholding), it should not be read as a direct market-timing signal.