STOCK TITAN

Five9 (NASDAQ: FIVN) SVP sells 2,556 shares to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Mansharamani Leena
Role SVP, Chief Accounting Officer
Sold 2,556 shs ($63K)
Type Security Shares Price Value
Sale Common Stock 2,556 $24.81 $63K
Holdings After Transaction: Common Stock — 57,698 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
Shares sold 2,556 shares Open-market sale on 2026-06-04
Sale price $24.81 per share Weighted average price applied by broker
Shares owned after sale 57,698 shares Direct holdings following transaction
Net shares sold 2,556 shares Net-sell direction per transaction summary
restricted stock units financial
"in connection with the vesting and settlement of 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.
mandated sale financial
"represents a Five9, Inc. mandated sale by the Reporting Person to cover tax withholding"
tax withholding obligations financial
"to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units"
weighted average price financial
"The price reported in Column 4 is a weighted average price applied to the transaction"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mansharamani Leena

(Last)(First)(Middle)
C/O FIVE9, INC.
3001 BISHOP DR., STE. #350

(Street)
SAN RAMON CALIFORNIA 94583

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Five9, Inc. [ FIVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026S2,556(1)D$24.81(2)57,698D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
/s/ Tiffany Meriweather, Attorney in Fact06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Five9 (FIVN) report for Leena Mansharamani?

Five9 reported that SVP and chief accounting officer Leena Mansharamani sold 2,556 shares of common stock at a weighted average price of $24.81. The sale was mandated by the company to cover tax withholding on vested restricted stock units.

Was the Five9 (FIVN) insider sale by Leena Mansharamani discretionary?

No, the filing states the sale was mandated by Five9 to cover tax withholding obligations from restricted stock unit vesting. It specifically notes this was not a discretionary trade by Leena Mansharamani in the open market.

How many Five9 (FIVN) shares did Leena Mansharamani sell and at what price?

She sold 2,556 shares of Five9 common stock at a weighted average price of $24.81 per share. The price reflects a broker-applied weighted average for sales covering tax obligations for multiple employee RSU vestings.

How many Five9 (FIVN) shares does Leena Mansharamani hold after the reported sale?

After the mandated tax-withholding sale, Leena Mansharamani directly holds 57,698 shares of Five9 common stock. This post-transaction holding is disclosed in the Form 4 as her direct ownership position following the sale.

Why did Five9 (FIVN) mandate a share sale for Leena Mansharamani?

The company mandated the sale to cover tax withholding obligations arising from the vesting and settlement of restricted stock units. This approach is used instead of paying cash taxes, with shares sold on the market to satisfy the required withholding.