Five Below Officer Files Form 144 Notice of Proposed Sale of $1.08M in Common Stock
FIVE BELOW, INC
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Filing Summary
Form 144 Proposed Sale Notice: FIVE BELOW, INC ($FIVE) • Insider: Michael F. Devine III (Officer) • Proposed Sale: 4,250 shares • Aggregate Market Value: $1,084,855.00 (~$255.26/share) • Approximate Sale Date: September 4, 2026 • Broker: Janney Montgomery Scott, LLC • Source of Shares: Acquired as Board Compensation between 2021 and 2025
Comprehensive Analysis
Form 144 Filing Overview: Five Below, Inc. ($FIVE)
Summary of Proposed Transaction
On September 4, 2026, insider Michael F. Devine III filed a Form 144 notice indicating a proposed sale of 4,250 shares of Five Below, Inc. Common Stock through broker Janney Montgomery Scott, LLC on the NASDAQ exchange. The aggregate market value of the shares to be sold is $1,084,855.00, representing an implied share price of approximately $255.26.
Origin and History of Securities
The shares slated for sale were accumulated through multiple tranches of equity-based Board Compensation over several years:
- June 15, 2021: 1,239 shares
- June 14, 2022: 190 shares
- June 13, 2023: 1,367 shares
- June 12, 2025: 1,454 shares
Context and Market Impact
- Dilution / Float Impact: With 55,300,000 shares outstanding, the proposed sale of 4,250 shares represents less than 0.01% of total outstanding shares.
- Past Activity: The filer reported no other securities sold during the past three months.
- Significance: This filing represents routine liquidity and monetization of equity compensation grants and is rated as having Low overall trading significance.
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