---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-069383"
form_type: "8-K"
ticker: "FIVE"
cik: "0001177609"
company_name: "FIVE BELOW, INC"
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T02:52:32.083533+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Kenneth Bull promoted to COO of Five Below; will continue as CFO until successor found

## Summary
- Bull named Chief Operating Officer effective March 13, 2023, while retaining CFO/Treasurer role temporarily.
- Base salary increased to $750,000; fiscal 2023 target bonus set at 100% of base salary.
- Long-term incentive award: 3,112 time-based RSUs and 9,336 performance-based RSUs (at target).
- Company will conduct a search for a new CFO; Bull to serve in dual role until replacement hired.
- Bull has been with Five Below for 17 years, including 11 years as CFO; helped lead 2012 IPO.

## SEC filing metadata
- accession: 0001193125-23-069383
- form_type: 8-K
- ticker: FIVE
- cik: 0001177609
- company_name: FIVE BELOW, INC
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177609/000119312523069383/0001193125-23-069383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177609/000119312523069383/d478637d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-069383
- JSON: https://secwatch.observer/filing/0001193125-23-069383.json
- Plain text: https://secwatch.observer/filing/0001193125-23-069383.txt

## Key facts
- Executive change
  Kenneth R. Bull changed role as Chief Operating Officer at FIVE BELOW, INC.
  - Action: promoted
  - Role: Chief Operating Officer
  source text: On March 8, 2023, the Board of Directors of Five Below, Inc. (the "Company") approved the promotion of Kenneth R. Bull to the role of Chief Operating Officer, effective March 13, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177609/000119312523069383/0001193125-23-069383-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.