SPECTER ERIC M 4

What Happened Eric M. Specter, Chief Accounting Officer of Five Below (FIVE), received two equity awards on 2026-03-19 totaling 2,588 shares (1,530 and 1,058 shares) reported as acquisitions at $0.00. To cover tax withholding related to the awards, 486 shares were surrendered/withheld on the same date at an implied price of $235.17 per share, totaling $114,293. Net new shares retained by Specter from these transactions = 2,102 shares (2,588 granted minus 486 withheld).

Key Details

• Transaction dates: 2026-03-19 (reported on Form 4 filed 2026-03-23).
• Grants: 1,530 shares and 1,058 shares, acquisition code A, reported at $0.00 per share.
• Tax withholding: 486 shares disposed (code F) at $235.17 per share; cash value reported $114,293.
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Form 4 filed Mar 23, 2026 for a Mar 19 transaction (appears to meet the 2-business-day reporting window).
• Transaction codes: A = award/grant; F = payment of tax liability / shares withheld.

Context These transactions reflect equity awards (likely RSUs or similar) and routine tax withholding — not an open-market purchase or sale of shares for investment purposes. The key actionable detail for investors is the net increase of 2,102 shares held by the CAO after withholding; such grants are common as part of executive compensation and do not by themselves indicate buying or selling sentiment.