FIVE BELOW, INC — Form 10-Q
Filed September 3, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
Five Below hired Rodney Lastinger as Chief Retail Officer (starting 6/22/2026) with $650K base salary, $487.5K STIP target (75% of base), and $700K initial equity grant plus $700K annual equity grants. Separately, Christos Yatrakis joined as Chief Legal Officer (starting 6/15/2026) with $525K base salary, $315K STIP target (60% of base), $200K sign-on bonus, $200K initial equity grant, and $400K annual equity grants. Both executives report to COO Kenneth Bull. Total near-term equity commitments: ~$1.9M over three years for initial grants alone.
Why this rating
Two C-suite hires signal active leadership strengthening, but total announced comp (~$1.9M equity over 3yr + $1.175M annual salary) is <0.04% of $7.3B market cap. No material business impact disclosed.
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