Five9 SVP sells shares to cover tax withholding
Five9, Inc. senior vice president and chief accounting officer Leena Mansharamani reported an open-market sale of 2,556 shares of common stock at a weighted average price of $24.81 per share.
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Rhea-AI Filing Summary
Five9, Inc. senior vice president and chief accounting officer Leena Mansharamani reported an open-market sale of 2,556 shares of common stock at a weighted average price of $24.81 per share. The company mandated this sale to cover tax withholding obligations from vesting restricted stock units, so it was not a discretionary trade. After the transaction, she directly holds 57,698 shares of Five9 common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,556 | $24.81 | $63K |
Footnotes (2)
- F1. The sale reported on this form represents a Five9, Inc. mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units, and it does not represent a discretionary trade by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price applied to the transaction by the broker for sales to cover taxes upon vesting of restricted stock units for all employees of Five9, Inc., including the Reporting Person, on the date such sales occurred. The Reporting Person undertakes to provide Five9, Inc., any security holder of Five9, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Key Terms
restricted stock units financial
mandated sale financial
tax withholding obligations financial
weighted average price financial
FAQ
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