$FIVE

SPECTER ERIC M sold $1.4M of FIVE

SPECTER ERIC M (CAO) sold 5,500 shares of FIVE BELOW, INC (FIVE) at $248.99 ($1.37M total) on 2026-09-14.

Original reporting
SEC EDGAR · SPECTER ERIC M
Published Sep 16, 2026, 8:37 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 16, 2026, 8:43 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$FIVE
Bearish
medium confidence
Mentioned
$FIVE
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$FIVEBearishLow
01

Why it matters

The disclosed sale provides fresh data on insider sentiment, which traders may factor into short‑term positioning.

02

Market read

First‑hand insider sale information that could influence short‑term price action.

03

What to watch

Upcoming earnings report may offset negative sentiment from the insider sale.

Relevance 6/10Novelty 6/10Timing: post‑market filing

Background

Form 4 filing discloses insider transactions required by the SEC.

Company-level read

Ticker impact

$FIVEBearishMedium confidence
Context

CAO Eric Specter sold 5,500 shares of Five Below for $1.37M, reducing his stake to 35,482 shares.

Expected impact

Possible modest short-term downside pressure.

Evidence & confidence

The sale size is material for a mid‑cap retailer and occurs outside a 10b5‑1 plan, suggesting a discretionary decision.

Market effects

Retail sector may see slight pressure as insider activity is monitored.

US market

Limited

Counterpoint

The sale could be unrelated to company outlook, e.g., personal liquidity needs.

Key entities

  • Five Below, Inc.

    U.S. retailer of value‑priced merchandise, ticker FIVE.

  • Eric Specter

    Chief Accounting Officer of Five Below.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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