[144] FIVE9, INC. SEC Filing

Rhea-AI Filing Summary

Five9, Inc. (FIVN) filing is a Form 144 notice reporting a proposed sale of 2,221 common shares through Morgan Stanley Smith Barney LLC on or about 09/04/2025. The filing states the shares were acquired as RSUs on 09/03/2025 and lists an aggregate market value for the planned sale of $58,501.14 against 77,262,690 shares outstanding.

The notice also discloses prior open-market sales by the same person in the past three months: 700 shares on 08/01/2025 for $18,312, 700 shares on 07/01/2025 for $18,508, and 5,545 shares on 06/04/2025 for $156,997.54. The signee certifies no undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine insider Rule 144 sale notice; size is immaterial relative to shares outstanding.

The filing documents a proposed sale of 2,221 common shares acquired as RSUs one day prior to the notice. The disclosed aggregate market value is $58,501.14 versus 77,262,690 shares outstanding, indicating the transaction is de minimis in market cap terms. The filer also reported three prior small open-market disposals totaling 6,945 shares in the past three months, with gross proceeds of approximately $193,817.54. There is no disclosure of material undisclosed information and no indication of unusual trading arrangements. From a trading-impact perspective, this is a routine compliance filing with negligible market effect.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 requirements and includes prior sales; no governance red flags in the notice.

The Form 144 includes required elements: broker details, acquisition method (RSU), acquisition and proposed sale dates, and past three-month sales by the same person. The signee affirms absence of undisclosed material adverse information, and the form references standard Rule 10b5-1 plan language without indicating a plan adoption date. Based solely on the content provided, the filing aligns with standard insider reporting and presents no apparent governance concerns.

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	2221	58501.14	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			2221	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
Andy Dignan 3001 Bishop Drive Suite 350 San Ramon CA 94583	Common	08/01/2025	700	18312
Andy Dignan 3001 Bishop Drive Suite 350 San Ramon CA 94583	Common	07/01/2025	700	18508
Andy Dignan 3001 Bishop Drive Suite 350 San Ramon CA 94583	Common	06/04/2025	5545	156997.54

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 Five9 (FIVN) Form 144 disclose?

The Form 144 reports a proposed sale of 2,221 common shares via Morgan Stanley Smith Barney on or about 09/04/2025, acquired as RSUs on 09/03/2025.

How much is the proposed sale worth in the FIVN filing?

The filing lists an aggregate market value of the proposed sale as $58,501.14.

How many Five9 shares are outstanding per the filing?

The filing states 77,262,690 shares outstanding.

What insider sales in the past three months are reported in the filing?

The filer sold 700 shares on 08/01/2025 for $18,312, 700 shares on 07/01/2025 for $18,508, and 5,545 shares on 06/04/2025 for $156,997.54.

Were the shares to be sold acquired by purchase or grant according to the Form 144?

The filing shows the 2,221 shares were acquired as RSUs (restricted stock units) on 09/03/2025.