Five9 director reports 8,972 RSU board grant
Gupta Sagar reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Gupta Sagar reported acquisition or exercise transactions in this Form 4 filing.
Five9, Inc. reported that director Sagar Gupta was granted 8,972 restricted stock units as of May 20, 2026, for his board service. Each RSU represents a right to receive one share of common stock and will vest on the one-year anniversary of the grant date or immediately before the next annual stockholder meeting at which directors are regularly elected. The economic interest in these securities belongs to the Anson Funds, and Gupta disclaims beneficial ownership apart from any indirect interest through those funds.
Insider Trade Summary
Grant/Award: 8,972 shares
Grant/Award
1 txn
Insider
Gupta Sagar
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,972 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 20,349 shares (Direct)
Footnotes (3)
- F1. On May 20, 2026, Five9, Inc. (the "Issuer") granted a total of 8,972 restricted stock units ("RSUs") of the Issuer to Sagar Gupta, a member of the Issuer's board of directors (the "Board") in respect of his service on the Board. Mr. Gupta holds these RSUs for the benefit of certain investment funds (the "Anson Funds") for which Anson Advisors Inc. and AnsonFunds Management LP serve as co-investment advisors. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on the one-year anniversary of the grant date, or immediately prior to the Company's next annual meeting of the Company's stockholders at which directors are regularly elected.
- F2. Because Mr. Gupta serves on the Board as a representative of the Anson Funds, Mr. Gupta does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position. The Anson Funds are entitled to receive all of the economic interest in securities granted to Mr. Gupta by the Issuer in respect of Mr. Gupta's Board position. Mr. Gupta disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. Gupta had any economic interest in such securities except any indirect economic interest through Anson Funds, entities in which he does not have a controlling interest and over which he does not have investment control.
- F3. As discussed in footnotes 1 and 2, represents securities in which the Anson Funds have all of the economic interest.
Key Figures
RSU grant size: 8,972 RSUs
Grant price per share: $0.0000 per share
Holdings after transaction: 20,349 units
+1 more
4 metrics
RSU grant size
8,972 RSUs
Granted May 20, 2026 for board service
Grant price per share
$0.0000 per share
RSU award with no cash exercise price
Holdings after transaction
20,349 units
Total reported following the RSU grant
Vesting schedule
1-year or pre-annual meeting
Vests on one-year anniversary or before next director election meeting
Key Terms
restricted stock units, beneficial ownership, board of directors, economic interest, +1 more
5 terms
restricted stock units financial
"granted a total of 8,972 restricted stock units ("RSUs") of the Issuer"
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.
beneficial ownership financial
"Mr. Gupta disclaims beneficial ownership of the Issuer's securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
board of directors financial
"a member of the Issuer's board of directors (the "Board")"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
economic interest financial
"The Anson Funds are entitled to receive all of the economic interest in securities"
An economic interest is a right to receive money or other financial benefits from an asset, contract, or business activity without necessarily owning or controlling it; examples include a share of profits, royalties, dividend rights, or scheduled payments. Investors care because it determines who gets cash flow and bears risk — like collecting rent on a house you don’t legally own — and it affects valuation, expected returns, and how exposure to an investment is structured.
investment advisors financial
"for which Anson Advisors Inc. and AnsonFunds Management LP serve as co-investment advisors"
Professionals or firms that give personalized guidance on buying, selling, and managing investments, similar to a financial coach or navigator who helps map a path toward money goals. They matter to investors because their advice shapes portfolio choices, risk levels, and costs, and many are legally required to act in the client's best interest, so their recommendations can directly affect returns and financial security.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Five9 (FIVN) disclose for Sagar Gupta?
Five9 disclosed that director Sagar Gupta received an award of 8,972 restricted stock units for his board service. Each RSU represents a right to receive one share of Five9 common stock, subject to future vesting conditions tied to time and the next annual meeting.
How many Five9 (FIVN) RSUs were granted in this Form 4 filing?
The filing shows a grant of 8,972 restricted stock units of Five9 common stock. These RSUs were awarded in respect of Sagar Gupta’s service on the board and will convert into shares only if the specified vesting conditions are satisfied in the future.
When do Sagar Gupta’s Five9 (FIVN) RSUs vest?
The RSUs vest on the one-year anniversary of the May 20, 2026 grant date or immediately before Five9’s next annual stockholder meeting where directors are regularly elected. Vesting must occur before the RSUs convert into shares of common stock for the entitled party.
Who holds the economic interest in the Five9 (FIVN) RSUs reported for Sagar Gupta?
The economic interest in the 8,972 restricted stock units belongs to the Anson Funds. Gupta serves on the board as their representative, disclaims beneficial ownership, and notes that Anson Advisors Inc. and AnsonFunds Management LP act as co-investment advisors for the Anson Funds.
Does Sagar Gupta personally benefit from the Five9 (FIVN) RSU grant?
According to the disclosure, Gupta does not have a direct economic interest in RSUs granted for his board role. The Anson Funds are entitled to all economic benefits from these securities, and Gupta notes only an indirect interest through non-controlling positions in those funds.
AI-generated analysis. How Rhea-AI works. Not financial advice.
