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
- None.
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.
FAQ
What did FIVE9 (FIVN) file in this Form 144?
Did the filer make any recent sales noted in this filing?
Who is the broker listed for the proposed sale?
Does the filer assert they have undisclosed material information?