Five9 officer plans sale of 5,114 shares
Officer Tiffany Meriweather has filed a Form 144 to sell 5,114 Five9 shares, after prior 10b5-1 plan sales of 13,409 shares.
Rhea-AI Filing Summary
Five9, Inc. (FIVN) is the issuer in a Form 144 notice filed for sales by officer Tiffany Meriweather. The notice covers a proposed sale of 5,114 shares of Five9 common stock through Morgan Stanley Smith Barney LLC on NASDAQ, originating from Restricted Stock Units acquired from the issuer on September 3, 2026.
The filing also reports that, under a Rule 10b5-1 trading plan, 13,409 shares of common stock were sold on September 4, 2026 for aggregate proceeds of $446,630.99.
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Key Figures
Proposed shares to be sold: 5,114 shares
Prior 3-month sales volume: 13,409 shares
Proceeds from prior 3-month sales: $446,630.99
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4 metrics
Proposed shares to be sold
5,114 shares
Common stock covered by the Form 144 notice for Tiffany Meriweather
Prior 3-month sales volume
13,409 shares
Shares of Five9 common stock sold on September 4, 2026
Proceeds from prior 3-month sales
$446,630.99
Aggregate proceeds from 13,409 shares sold on September 4, 2026
RSU-derived shares
5,114 shares
Shares originating from Restricted Stock Units acquired on September 3, 2026
Key Terms
Rule 144, Restricted Stock Units, 10b5-1 Sales, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 09/03/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales regulatory
"10b5-1 Sales for TIFFANY NICOLE MERIWEATHER"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing mean for Five9, Inc. (FIVN)?
The Form 144 filing discloses that an officer, Tiffany Meriweather, plans to sell 5,114 shares of Five9 common stock under Rule 144, following earlier sales under a 10b5-1 plan. It is a notice of potential resale by an affiliate, not an issuance by Five9.
What prior sales of Five9 (FIVN) stock are reported in the last 3 months?
The filing reports that, during the past three months, 13,409 shares of Five9 common stock were sold on September 4, 2026 for total proceeds of $446,630.99, identified as 10b5-1 Sales for Tiffany Nicole Meriweather.
Who is the selling security holder in this Five9 (FIVN) Form 144?
The selling security holder is Tiffany Meriweather, identified as an officer of Five9, Inc. The notice states that the securities to be sold are for her account, with RSUs originally issued by Five9 and sales executed through Morgan Stanley Smith Barney LLC.
What type of securities are being sold in this Five9 (FIVN) Form 144?
The securities are common stock of Five9, Inc., derived from Restricted Stock Units acquired from the issuer on September 3, 2026. A total of 5,114 shares of common stock are noted as securities to be sold under Rule 144.
Is the Five9 (FIVN) Form 144 sale under a Rule 10b5-1 trading plan?
The proposed sale of 5,114 shares is disclosed in a Rule 144 notice. Separately, the filing specifies that 10b5-1 Sales occurred on September 4, 2026, when 13,409 shares of Five9 common stock were sold for $446,630.99 under a 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.