Five Below Announces Board and Executive Changes

Ticker: FIVE · Form: 8-K · Filed: Oct 2, 2025 · CIK: 1177609

Five Below, Inc 8-K Filing Summary
FieldDetail
CompanyFive Below, Inc (FIVE)
Form Type8-K
Filed DateOct 2, 2025
Risk Levelmedium
Pages4
Reading Time5 min
Key Dollar Amounts$850,000, $500,000, $2,000,000 b, $1,800,000
Sentimentneutral

Sentiment: neutral

Topics: management-change, compensation

Related Tickers: FIVE

TL;DR

Five Below board shakeup and exec comp changes filed Oct 1.

AI Summary

On October 1, 2025, Five Below, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing includes the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and execution.

Key Players & Entities

  • FIVE BELOW, INC. (company) — Registrant
  • October 1, 2025 (date) — Date of earliest event reported

FAQ

What specific roles have been affected by the departure of officers?

The filing indicates the departure of certain officers, but does not specify the exact roles in this summary.

Who are the newly elected directors?

The filing mentions the election of directors but does not name them in this summary.

What are the key changes in compensatory arrangements?

The filing notes updates to compensatory arrangements for certain officers, but the specifics are not detailed in this summary.

What is the primary reason for this 8-K filing?

This 8-K filing is primarily to report on the departure of directors or certain officers, election of directors, and compensatory arrangements of certain officers.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on October 1, 2025.

Filing Stats: 1,131 words · 5 min read · ~4 pages · Grade level 13.5 · Accepted 2025-10-01 21:11:38

Key Financial Figures

  • $850,000 — titled to: (i) an annual base salary of $850,000; (ii) a one-time signing bonus of $500,
  • $500,000 — 0,000; (ii) a one-time signing bonus of $500,000 (subject to repayment by him if he resi
  • $2,000,000 b — er of RSUs to be determined by dividing $2,000,000 by the closing price of the Company's com
  • $1,800,000 — he EIP with an aggregate grant value of $1,800,000, with 60% of the equity award value all

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits 10.1 Letter Agreement, dated August 25, 2025, by and between Daniel Sullivan and Five Below, Inc. 99.1 Press Release dated October 1, 2025.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 1, 2025 Five Below, Inc. By: /s/ Kenneth R. Bull Name: Kenneth R. Bull Title: Chief Operating Officer and Interim Chief Financial Officer and Treasurer

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