FIVN insider files Form 144 to sell 7,043 common shares
Rhea-AI Filing Summary
FIVE9, Inc. (FIVN) filed a Form 144 reporting a proposed sale of 7,043 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $173,187.37 and 77,262,690 shares outstanding. The filing lists an approximate date of sale of 08/13/2025.
The securities were acquired as Restricted Stock Units on 06/03/2025. The notice also shows a prior sale on 06/04/2025 of 3,816 shares for gross proceeds of $107,916.48. The filer certifies they do not possess undisclosed material adverse information and references compliance with Rule 10b5-1 where applicable.
Positive
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Negative
- None.
Insights
TL;DR: Routine insider sale filing; transaction size appears immaterial to total shares outstanding.
The Form 144 discloses a proposed sale of 7,043 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $173,187.37 and an approximate sale date of 08/13/2025. The shares were reported as Restricted Stock Units acquired on 06/03/2025, and a prior sale of 3,816 shares on 06/04/2025 for $107,916.48 is noted. This filing is a standard Rule 144 notice that provides market transparency about the timing and scale of an insider sale.
TL;DR: Disclosure complies with Rule 144 requirements and includes a certification about material information.
The notice includes broker details and a representation by the filer that they are not aware of any undisclosed material adverse information, and it notes Rule 10b5-1 plan adoption language if applicable. The filing documents acquisition type (Restricted Stock Units) and the specific acquisition and prior sale dates, supporting governance transparency around insider transactions.