Five9 officer plans $144K stock sale
Officer Panos Kozanian has filed a Rule 144 notice to sell 4,332 Five9 common shares, with additional recent 10b5-1 plan sales disclosed.
Rhea-AI Filing Summary
Five9, Inc. (FIVN) received a notice under Rule 144 that officer Panos Kozanian plans to sell company stock. The notice covers a proposed sale of 4,332 shares of common stock through Morgan Stanley Smith Barney, with an indicated aggregate value of $144,125.64 on NASDAQ. These shares were acquired on September 3, 2026 via Restricted Stock Units granted by the issuer. The filing also reports prior Rule 10b5-1 plan sales by Kozanian in the last three months totaling 13,767 shares of common stock and aggregate sale proceeds of $459,180.38.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 4,332 shares
Aggregate value of proposed sale: $144,125.64
Shares sold on September 4, 2026: 8,246 shares
+3 more
6 metrics
Proposed shares to be sold
4,332 shares
Common stock under Rule 144 notice
Aggregate value of proposed sale
$144,125.64
4,332 shares of common stock on NASDAQ
Shares sold on September 4, 2026
8,246 shares
Rule 10b5-1 sale by Panos Kozanian
Proceeds from September 4, 2026 sale
$274,715.49
Rule 10b5-1 sale of Five9 common stock
Shares sold on August 11, 2026
5,521 shares
Rule 10b5-1 sale by Panos Kozanian
Proceeds from August 11, 2026 sale
$184,464.89
Rule 10b5-1 sale of Five9 common stock
Key Terms
Rule 144, Restricted Stock Units, Rule 10b5-1 plan, aggregate market value
4 terms
Rule 144 regulatory
"filed a notice under Rule 144 that officer Panos Kozanian plans"
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
"These shares were acquired on September 3, 2026 via Restricted Stock Units"
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.
Rule 10b5-1 plan regulatory
"reports prior Rule 10b5-1 plan sales by Kozanian in the last"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
aggregate market value financial
"with an indicated aggregate market value of $144,125.64 on NASDAQ"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does Five9 (FIVN) disclose in this Form 144 filing?
The filing discloses that officer Panos Kozanian plans to sell 4,332 shares of Five9 common stock under Rule 144, and reports additional sales in the prior three months made under a Rule 10b5-1 plan.
What recent 10b5-1 plan sales by Panos Kozanian of Five9 (FIVN) stock are reported?
The filing reports 10b5-1 plan sales of 8,246 shares on September 4, 2026 for $274,715.49 and 5,521 shares on August 11, 2026 for $184,464.89, all in Five9 common stock.
What is the total amount of Five9 (FIVN) stock sold or planned for sale in this period?
The filing shows 4,332 shares proposed for sale plus prior 10b5-1 plan sales of 13,767 shares, for a combined 18,099 shares of Five9 common stock reported over the period covered.
AI-generated analysis. How Rhea-AI works. Not financial advice.