[144] FIVE9, INC. SEC Filing

Rhea-AI Filing Summary

FIVE9, Inc. (FIVN) filed a Form 144 reporting a proposed brokered sale of 2,337 shares of common stock on 09/04/2025 through Morgan Stanley Smith Barney LLC on NASDAQ. The shares were acquired on 09/03/2025 as restricted stock units (RSUs) from the issuer, and the filing lists an aggregate market value of $61,883.76. The filing states the total shares outstanding as 77,262,690. No other securities were reported sold in the past three months. The filer represents they are not aware of any undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Routine insider sale of newly vested RSUs; small absolute value relative to company size suggests limited market impact.

The filing documents a single sale instruction for 2,337 shares derived from RSU vesting and sold via a major broker. Because the acquisition and intended sale dates are adjacent (09/03/2025 acquisition, 09/04/2025 planned sale) this appears to be a disposition of recently vested compensation awards rather than a sale of long-held holdings. The reported aggregate value is $61,883.76 against 77,262,690 shares outstanding, indicating the transaction is immaterial to overall capitalization. The filing contains the routine attestation about no undisclosed material adverse information.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure consistent with Rule 144; no governance red flags in the notice itself.

The Form 144 provides required broker, share count, acquisition method (RSUs), and attestation language. It notes Morgan Stanley Smith Barney LLC as the executing broker and specifies NASDAQ as the exchange. There are no indications of aggregated sales within the prior three months and no unusual payment arrangements. From a governance perspective, the notice fulfills disclosure obligations and does not by itself indicate insider misconduct or coordination issues.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2337	61883.76	77262690	09/04/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/03/2025	Restricted Stock Units	Issuer			2337	09/03/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Five9's (FIVN) Form 144 report?

The Form 144 reports a proposed sale of 2,337 common shares via Morgan Stanley on NASDAQ with an aggregate market value of $61,883.76.

When were the shares acquired and by what method?

The shares were acquired on 09/03/2025 as restricted stock units (RSUs) granted by the issuer.

What is the planned sale date in the filing?

The filing lists the approximate date of sale as 09/04/2025.

How many shares outstanding does the filing state?

The filing reports 77,262,690 shares outstanding.

Did the filer report any securities sold in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.