Director of Five Below Sells Shares Worth $1.1 Million
Michael F. Devine III, a director at Five Below (FIVE), sold 4,250 shares on September 4, 2026, for approximately $1.1 million based on the weighted average price of $250.61 per share. The transaction reduced his direct ownership to 12,953 shares valued at around $3.27 million as of that date. This sale was executed in multiple transactions between prices ranging from $251.18 and $251.46. Five Below is a specialty discount retailer with trailing twelve-month revenue of $5.3 billion, net income of $619.2 million, and 16,200 employees. The company operates in the consumer discretionary sector, focusing on high-volume retail sales at price points below $5 across its U.S. store network. While insider transactions can reflect personal financial planning or tax strategies rather than a lack of confidence in the business, investors are encouraged to focus on fundamentals when evaluating such events.
Tickers: $FIVE
Topics: Five Below Michael F. Devine III SEC Form 4 stock sale