secwatch.observer — SEC 8-K summary
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Issuer:     FIVE BELOW, INC (FIVE)
CIK:        0001177609
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-227293
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Below appoints Daniel Sullivan CFO and Michelle Israel CMO effective Oct 6, 2025
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- Daniel Sullivan named CFO; previously Edgewell EVP/COO and Party City CFO. Base salary $850K, signing bonus $500K, initial RSUs $2M.
- Michelle Israel named CMO; previously Macy's SVP GMM for Beauty & Center Core overseeing multi-billion-dollar portfolio.
- Kenneth Bull, who served as interim CFO, remains COO.
- Sullivan's 2026 equity grant: $1.8M (60% PRSUs, 40% RSUs); eligible for Executive Severance Plan.
- Both appointments effective October 6, 2025, reporting to CEO Winnie Park.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177609/000119312525227293/0001193125-25-227293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177609/000119312525227293/d18933d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-227293

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer