{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-042901","form_type":"8-K","ticker":"FIVE","cik":"0001177609","company_name":"FIVE BELOW, INC","filed_at":"2026-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.645474+00:00","generated_at":"2026-05-16T03:51:45.292905+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Five Below executive George Hill departs; receives $700K severance, RSU vesting","bullets":["George S. Hill's employment ceased Feb 3, 2026; separation agreement signed Feb 8, 2026.","Severance: $700K lump sum (12 months base salary) plus $20K COBRA offset.","Transition services for 90 days: additional $22,048 COBRA offset, $10K outplacement, 2025 STI payout based on actual performance.","3,269 RSUs scheduled to vest March 2026 will continue vesting during transition.","Hill must cooperate in pending securities class action litigation; reaffirms non-compete and non-solicitation covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-042901","json":"https://secwatch.observer/filing/0001193125-26-042901.json","markdown":"https://secwatch.observer/filing/0001193125-26-042901.md","text":"https://secwatch.observer/filing/0001193125-26-042901.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1177609/000119312526042901/0001193125-26-042901-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1177609/000119312526042901/d25218d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:51:45.292905+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}