secwatch.observer — SEC 8-K summary
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Issuer:     FIVE BELOW, INC (FIVE)
CIK:        0001177609
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001193125-23-069383
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177609/000119312523069383/0001193125-23-069383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177609/000119312523069383/d478637d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-069383

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