[144] FIVE9, INC. SEC Filing

Rhea-AI Filing Summary

FIVE9, INC. Form 144 notice for proposed sale of securities by an insider. The filer reports a planned sale of 614 common shares through Morgan Stanley Smith Barney on 09/04/2025 on Nasdaq, with an aggregate market value of $16,172.76. These shares were acquired the day before on 09/03/2025 as restricted stock units (RSUs) from the issuer and were paid for on 09/03/2025. The notice also discloses a prior sale by the same person of 2,938 shares on 06/04/2025 for gross proceeds of $81,778.48. The signer affirms they are not aware of any undisclosed material adverse information about the issuer.

Positive

• Disclosure compliance: Form 144 filed with required details including broker, amounts, acquisition method, and dates
• Transactions immaterial to market capitalization: 614 shares and prior 2,938 shares are negligible versus 77,262,690 outstanding shares

Negative

• None.

Insights

Securities Analyst

TL;DR Insider filed a routine Form 144 for a small RSU sale; transactions are immaterial to capitalization.

The notice shows an insider selling freshly vested RSUs totaling 614 shares valued at $16,172.76 and previously sold 2,938 shares for $81,778.48. Compared with the reported shares outstanding of 77,262,690, these transactions represent an immaterial percentage of the equity base. From a market-impact perspective, the sales are routine and unlikely to affect valuation or liquidity. The filing complies with Rule 144 disclosure requirements and clarifies the nature and timing of acquisitions and sales.

Corporate Governance Expert

TL;DR Disclosure is complete for Rule 144 purposes; no governance red flags evident from this notice.

The Form 144 details source of shares as RSUs from the issuer and lists broker, amounts, and dates consistent with required disclosures. The insider also affirms lack of undisclosed material information. Given the small scale of the trades relative to outstanding shares, there is no apparent signaling of governance concerns or unusual insider behavior in this filing alone.

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	614	16172.76	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	RSU	Issuer			614	09/03/2025	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Leena Mansharamani 3001 Bishop Drive Suite 350 San Ramon CA 94583	Common	06/04/2025	2938	81778.48

144: Remarks and Signature

Remarks

Date of Notice

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 the Form 144 filed by FIVN disclose?

The filing discloses a proposed sale of 614 common shares via Morgan Stanley Smith Barney on 09/04/2025, acquired as RSUs on 09/03/2025.

How large are the insider transactions relative to FIVE9's outstanding shares (FIVN)?

The filing lists 77,262,690 shares outstanding; the proposed sale of 614 shares and prior sale of 2,938 shares are immaterial percentages of that total.

Were the shares being sold recently acquired or gifted?

The 614 shares were acquired as RSUs on 09/03/2025 from the issuer and paid for on the same date; no gift is indicated.

What were the gross proceeds from the prior sale disclosed?

The prior sale on 06/04/2025 involved 2,938 shares for gross proceeds of $81,778.48.

Does the filer assert presence of undisclosed material information?

Yes, the signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.