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AI brief of an SEC Form 8-K · Five Below (FIVE)

Five Below Adds Scott Settersten, Former Ulta Beauty CFO, to Board of Directors

Neutral Impact 2 of 5 leadership Written later

Five Below's board increased its size from nine to ten directors and elected Scott Settersten, former Chief Financial Officer of Ulta Beauty, effective September 21, 2026, with a seat on the Audit Committee. The filing says the board considers him independent, and he received an initial grant of 545 restricted stock units that vests at the next annual shareholder meeting.

Key points

  • Scott Settersten elected September 21, 2026; board expanded from nine to ten directors
  • Served as CFO of Ulta Beauty from 2012 until retiring in March 2024; previously 15 years at PricewaterhouseCoopers LLP
  • Initial grant of 545 restricted stock units; term runs until the 2027 annual shareholder meeting

The filing

CompanyFive Below (FIVE)
Form8-K, current report
Filed with the SECSep 23, 2026, 4:36 PM ET
Accession number0001177609-26-000050

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.