FIVE BELOW, INC — Major Shareholding Notification 2025

Nov 14, 2025

xml version="1.0" encoding="UTF-8"? SCHEDULE 13G/A 0001104659-25-058139 Field: Pseudo-Tag; ID: Name; Data: D. E. SHAW & CO, L.P. 0001009268 XXXXXXXX LIVE 1 Common stock, $0.01 par value per share 09/30/2025 0001177609 Five Below, Inc. 33829M101 701 Market Street Suite 300 Philadelphia PA 19106 Rule 13d-1(c) D. E. Shaw & Co., L.P. DE 0.00 2177218.00 0.00 2177218.00 2177218.00 N 3.9 IA PN D. E. Shaw & Co., L.L.C. DE 0.00 2173618.00 0.00 2173618.00 2173618.00 N 3.9 OO David E. Shaw X1 0.00 2177218.00 0.00 2177218.00 2177218.00 N 3.9 IN Five Below, Inc. 701 Market Street, Suite 300, Philadelphia, PA 19106 D. E. Shaw & Co., L.P. D. E. Shaw & Co., L.L.C. David E. Shaw The business address for each reporting person is: Two Manhattan West 375 Ninth Avenue, 52nd Floor New York, NY 10001 D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware. D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware. David E. Shaw is a citizen of the United States of America. Y D. E. Shaw & Co., L.P.: 2,177,218 shares This is composed of (i) 1,067,689 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 100,900 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (iii) 1,002,229 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iv) 2,800 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (v) 3,600 shares under the management of D. E. Shaw Investment Management, L.L.C. D. E. Shaw & Co., L.L.C.: 2,173,618 shares This is composed of (i) 1,067,689 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 100,900 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (iii) 1,002,229 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iv) 2,800 shares in the name of D. E. Shaw Composite Portfolios, L.L.C. David E. Shaw: 2,177,218 shares This is composed of (i) 1,067,689 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 100,900 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (iii) 1,002,229 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iv) 2,800 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (v) 3,600 shares under the management of D. E. Shaw Investment Management, L.L.C. David E. Shaw does not own any shares directly. By virtue of David E. Shaw's position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw Composite Portfolios, L.L.C. and the managing member of D. E. Shaw Investment Management, L.L.C., and by virtue of David E. Shaw's position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw Composite Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, the 2,177,218 shares as described above constituting 3.9% of the outstanding shares, and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 2,177,218 shares. D. E. Shaw & Co., L.P.: 3.9% D. E. Shaw & Co., L.L.C.: 3.9% David E. Shaw: 3.9% D. E. Shaw & Co., L.P.: 0 shares D. E. Shaw & Co., L.L.C.: 0 shares David E. Shaw: 0 shares D. E. Shaw & Co., L.P.: 2,177,218 shares D. E. Shaw & Co., L.L.C.: 2,173,618 shares David E. Shaw: 2,177,218 shares D. E. Shaw & Co., L.P.: 0 shares D. E. Shaw & Co., L.L.C.: 0 shares David E. Shaw: 0 shares D. E. Shaw & Co., L.P.: 2,177,218 shares D. E. Shaw & Co., L.L.C.: 2,173,618 shares David E. Shaw: 2,177,218 shares N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Exhibit 3: Joint Filing Agreement, by and among the Reporting Persons, dated November 14, 2025. D. E. Shaw & Co., L.P. /s/ Daniel R. Marcus Daniel R. Marcus / Chief Compliance Officer 11/14/2025 D. E. Shaw & Co., L.L.C. /s/ Daniel R. Marcus Daniel R. Marcus / Authorized Signatory 11/14/2025 David E. Shaw /s/ Daniel R. Marcus Daniel R. Marcus / Attorney-in-Fact for David E. Shaw 11/14/2025 Exhibit 1: Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co., Inc., in favor of the signatories hereto, among others, dated August 1, 2024. Exhibit 2: Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co. II, Inc., in favor of the signatories hereto, among others, dated August 1, 2024.