---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-270699"
form_type: "8-K"
ticker: "FIVE"
cik: "0001177609"
company_name: "FIVE BELOW, INC"
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:13:36.759489+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Five Below names Winnie Park President and CEO; Thomas Vellios appointed Executive Chairman

## Summary
- Winnie Park, former CEO of Forever 21, appointed CEO and Class II director effective Dec 16, 2024.
- Compensation: $1.1M base, 125% STIP target, $1M initial RSU, $4M 2025 equity.
- Thomas Vellios named Executive Chairman with $3M RSU award and up to $500K travel reimbursement.
- Kenneth Bull steps down as interim CEO but remains COO.
- Board size increased from 11 to 12 members.

## SEC filing metadata
- accession: 0001193125-24-270699
- form_type: 8-K
- ticker: FIVE
- cik: 0001177609
- company_name: FIVE BELOW, INC
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177609/000119312524270699/0001193125-24-270699-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177609/000119312524270699/d918732d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-270699
- JSON: https://secwatch.observer/filing/0001193125-24-270699.json
- Plain text: https://secwatch.observer/filing/0001193125-24-270699.txt

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