Monitor for the actual sale on Form 4 to confirm execution. The relatively small size relative to market cap and the insider's role as an officer (not CEO/CFO) suggest limited immediate price impact. However, the filing comes amid a backdrop of 9 insider sells totaling $2.6M over the past 30 days, which may warrant attention for a broader insider sentiment trend.
Price Chart
Executive Summary
Eric M. Specter, an officer of Five Below, filed a Form 144 notice to sell 5,500 shares of common stock, with an estimated aggregate market value of approximately $1,369,445. The shares were acquired through restricted stock vesting under a registered plan from 2022 to 2025. This filing signals the insider's intent to sell, though the sale may not be executed.
Key Facts
- Eric M. Specter (officer) filed Form 144 to sell 5,500 shares.
- Estimated aggregate market value of the proposed sale is $1,369,445.
- Shares were acquired via restricted stock vesting under a registered plan between 2022 and 2025.
- The sale is planned for the open market on Nasdaq.
- Form 144 is an advance notice of intent to sell, not a completed transaction.
Financial Impact
Proposed sale of 5,500 shares valued at approximately $1.37M, representing a small fraction of the insider's likely total holdings and a negligible portion of the $13.5B market cap.
Risk Factors
- Insider selling could signal lack of confidence if followed by additional large sales.
- The proposed sale may not be executed, reducing the signal value of the filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-009389 |
| Document: 0001950047-26-009389-index.html | 0001950047-26-009389 |
| Document: 0001950047-26-009389.txt | 0001950047-26-009389 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | 144 | $236.07 $232.28 | ▼ −1.61% | ▼ −3.72% | $222.79 (−5.63%) |
Sep 11, 2026 20d ago | Insider Cluster | $249.59 $236.14 | ▲ +5.39% | ▲ +5.50% | $222.79 (+10.74%) |
Sep 11, 2026 20d ago | Insider Cluster | $249.59 $236.14 | ▼ −5.39% | ▼ −5.50% | $222.79 (−10.74%) |
Sep 9, 2026 22d ago | Insider Cluster | $241.28 $236.80 | ▼ −1.86% | ▼ −1.36% | $222.79 (−7.66%) |
Sep 9, 2026 22d ago | Insider Cluster | $241.28 $236.80 | ▼ −1.86% | ▼ −1.36% | $222.79 (−7.66%) |
Sep 2, 2026 29d ago | Press Release | $239.96 $244.60 | ▲ +1.93% | ▲ +3.08% | $222.79 (−7.16%) |
Aug 19, 2026 6w ago | Press Release | $236.31 $246.98 | ▲ +4.52% | ▲ +3.40% | $222.79 (−5.72%) |
Jun 11, 2026 16w ago | Institutional Cluster | $201.97 $191.26 | ▼ −5.30% | ▼ −5.74% | $222.79 (+10.31%) |
Jun 3, 2026 17w ago | 8-K | $191.92 $201.97 | ▲ +5.24% | ▲ +7.79% | $222.79 (+16.09%) |
Jun 3, 2026 17w ago | Press Release | $191.92 $201.97 | ▲ +5.24% | ▲ +7.79% | $222.79 (+16.09%) |
US Market Status
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