STOCK TITAN

[Form 4] FIVE9, INC. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Lee Bryan M, identified as Chief Financial Officer of Five9, Inc. (FIVN), reported a non-discretionary sale of 1,889 shares of Five9 common stock on 09/04/2025. The filing states the sale was a company-mandated transaction to cover tax withholding obligations arising from the vesting and settlement of restricted stock units and was not a voluntary trade by the reporting person. The broker applied a weighted-average sale price of $25.72 per share for the shares sold to cover taxes. After the transaction, the reporting person beneficially owned 237,488 shares, held directly.

Lee Bryan M, identificato come Chief Financial Officer di Five9, Inc. (FIVN), ha comunicato una vendita non discrezionale di 1.889 azioni ordinarie Five9 in data 09/04/2025. La segnalazione precisa che la vendita è stata un'operazione imposta dall'azienda per far fronte agli obblighi fiscali derivanti dalla maturazione e liquidazione di restricted stock unit, e non una cessione volontaria da parte della persona che ha riportato l'operazione. Il broker ha applicato un prezzo medio ponderato di vendita di $25.72 per azione per le azioni vendute a copertura delle imposte. Al termine della transazione, la persona che ha effettuato la segnalazione deteneva beneficiariamente 237.488 azioni, possedute direttamente.

Lee Bryan M, identificado como Chief Financial Officer de Five9, Inc. (FIVN), declaró una venta no discrecional de 1.889 acciones ordinarias de Five9 el 09/04/2025. La presentación indica que la venta fue una operación exigida por la empresa para cubrir obligaciones fiscales derivadas del otorgamiento y liquidación de unidades de acciones restringidas, y no una transacción voluntaria por parte del informante. El corredor aplicó un precio de venta promedio ponderado de $25.72 por acción para las acciones vendidas para cubrir impuestos. Tras la operación, el informante poseía beneficiariamente 237.488 acciones, mantenidas directamente.

Lee Bryan M는 Five9, Inc. (FIVN)의 최고재무책임자(CFO)로 확인되며, 2025-09-04에 Five9 보통주 1,889주를 비재량적(non-discretionary)으로 매도했다고 보고했습니다. 제출 서류에는 해당 매도는 제한주식수(RSU)의 베스팅 및 정산으로 발생한 세금 원천징수 의무를 충당하기 위한 회사 지시의 거래였으며, 보고자 자신의 자발적 매도가 아니었다고 명시되어 있습니다. 중개업체는 세금 충당을 위한 매도 주식에 대해 주당 가중평균 매도 가격 $25.72를 적용했습니다. 거래 이후 보고자는 직접 보유 형태로 혜택적 소유자(beneficial owner)로서 237,488주를 보유하고 있습니다.

Lee Bryan M, identifié comme Chief Financial Officer de Five9, Inc. (FIVN), a déclaré une vente non discrétionnaire de 1 889 actions ordinaires Five9 le 09/04/2025. Le dossier précise que la vente a été une opération imposée par l'entreprise pour couvrir les obligations fiscales découlant de la vesting et du règlement d'unités d'actions restreintes (RSU), et non une transaction volontaire de la part de la personne déclarante. Le courtier a appliqué un prix de vente moyen pondéré de 25,72 $ par action pour les titres vendus afin de couvrir les impôts. Après la transaction, la personne déclarante détenait bénéficiairement 237 488 actions, détenues directement.

Lee Bryan M, als Chief Financial Officer von Five9, Inc. (FIVN) identifiziert, meldete am 09/04/2025 einen nicht-diskretionären Verkauf von 1.889 Five9-Stammaktien. In der Meldung heißt es, dass der Verkauf eine vom Unternehmen angeordnete Transaktion zur Deckung steuerlicher Abzugsverpflichtungen im Zusammenhang mit der Vesting- und Abwicklung von Restricted Stock Units war und keine freiwillige Transaktion der meldenden Person darstellte. Der Broker setzte für die zu Verkaufszwecken verwendeten Aktien einen gewichteten durchschnittlichen Verkaufspreis von $25.72 pro Aktie an. Nach der Transaktion besaß die meldende Person wirtschaftlich 237.488 Aktien, die direkt gehalten werden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR CFO sold a small number of shares to satisfy tax withholding from RSU vesting; core holding remains sizable and sale was non-discretionary.

The transaction size (1,889 shares) is modest relative to the remaining direct holding (237,488 shares), indicating limited change to insider alignment with shareholders. The filing specifies the sale was mandated to cover tax obligations on RSU settlement and used a broker-weighted average price of $25.72. There is no indication of additional sales or a change in compensation structure in this Form 4.

TL;DR This Form 4 documents routine tax-related share withholding on RSU vesting, not a discretionary insider exit or new compensation arrangement.

The report clearly identifies the disposition as a company-mandated sale to satisfy withholding requirements tied to restricted stock unit vesting. That distinction is important for governance transparency because it signals compliance with standard equity compensation mechanics rather than a voluntary reduction of insider exposure. The remaining direct ownership (237,488 shares) continues to reflect ongoing insider stake.

Lee Bryan M, identificato come Chief Financial Officer di Five9, Inc. (FIVN), ha comunicato una vendita non discrezionale di 1.889 azioni ordinarie Five9 in data 09/04/2025. La segnalazione precisa che la vendita è stata un'operazione imposta dall'azienda per far fronte agli obblighi fiscali derivanti dalla maturazione e liquidazione di restricted stock unit, e non una cessione volontaria da parte della persona che ha riportato l'operazione. Il broker ha applicato un prezzo medio ponderato di vendita di $25.72 per azione per le azioni vendute a copertura delle imposte. Al termine della transazione, la persona che ha effettuato la segnalazione deteneva beneficiariamente 237.488 azioni, possedute direttamente.

Lee Bryan M, identificado como Chief Financial Officer de Five9, Inc. (FIVN), declaró una venta no discrecional de 1.889 acciones ordinarias de Five9 el 09/04/2025. La presentación indica que la venta fue una operación exigida por la empresa para cubrir obligaciones fiscales derivadas del otorgamiento y liquidación de unidades de acciones restringidas, y no una transacción voluntaria por parte del informante. El corredor aplicó un precio de venta promedio ponderado de $25.72 por acción para las acciones vendidas para cubrir impuestos. Tras la operación, el informante poseía beneficiariamente 237.488 acciones, mantenidas directamente.

Lee Bryan M는 Five9, Inc. (FIVN)의 최고재무책임자(CFO)로 확인되며, 2025-09-04에 Five9 보통주 1,889주를 비재량적(non-discretionary)으로 매도했다고 보고했습니다. 제출 서류에는 해당 매도는 제한주식수(RSU)의 베스팅 및 정산으로 발생한 세금 원천징수 의무를 충당하기 위한 회사 지시의 거래였으며, 보고자 자신의 자발적 매도가 아니었다고 명시되어 있습니다. 중개업체는 세금 충당을 위한 매도 주식에 대해 주당 가중평균 매도 가격 $25.72를 적용했습니다. 거래 이후 보고자는 직접 보유 형태로 혜택적 소유자(beneficial owner)로서 237,488주를 보유하고 있습니다.

Lee Bryan M, identifié comme Chief Financial Officer de Five9, Inc. (FIVN), a déclaré une vente non discrétionnaire de 1 889 actions ordinaires Five9 le 09/04/2025. Le dossier précise que la vente a été une opération imposée par l'entreprise pour couvrir les obligations fiscales découlant de la vesting et du règlement d'unités d'actions restreintes (RSU), et non une transaction volontaire de la part de la personne déclarante. Le courtier a appliqué un prix de vente moyen pondéré de 25,72 $ par action pour les titres vendus afin de couvrir les impôts. Après la transaction, la personne déclarante détenait bénéficiairement 237 488 actions, détenues directement.

Lee Bryan M, als Chief Financial Officer von Five9, Inc. (FIVN) identifiziert, meldete am 09/04/2025 einen nicht-diskretionären Verkauf von 1.889 Five9-Stammaktien. In der Meldung heißt es, dass der Verkauf eine vom Unternehmen angeordnete Transaktion zur Deckung steuerlicher Abzugsverpflichtungen im Zusammenhang mit der Vesting- und Abwicklung von Restricted Stock Units war und keine freiwillige Transaktion der meldenden Person darstellte. Der Broker setzte für die zu Verkaufszwecken verwendeten Aktien einen gewichteten durchschnittlichen Verkaufspreis von $25.72 pro Aktie an. Nach der Transaktion besaß die meldende Person wirtschaftlich 237.488 Aktien, die direkt gehalten werden.

SEC Form 4
FORM 4 UNITED 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*
Lee Bryan M

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

(Street)
SAN RAMON CA 94583

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Five9, Inc. [ FIVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/04/2025 S 1,889(1) D $25.72(2) 237,488 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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 Fact 09/08/2025
** Signature of Reporting Person Date
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.

FAQ

What did FIVN CFO Lee Bryan M report on Form 4?

The Form 4 reports a non-discretionary sale of 1,889 shares to cover tax withholding from restricted stock unit vesting.

At what price were the shares sold in the FIVN Form 4?

The broker applied a weighted-average price of $25.72 per share for the tax-withholding sale.

How many FIVN shares does the reporting person own after the transaction?

After the reported sale, the reporting person beneficially owned 237,488 shares held directly.

Was the sale by the FIVN reporting person a discretionary trade?

No. The filing states the sale was a Five9, Inc. mandated transaction to cover tax withholding obligations related to RSU vesting.

Does the Form 4 indicate any change in compensation or additional agreements?

No. The Form 4 only describes the mandated sale to satisfy tax withholding on RSU settlement and does not disclose changes to compensation arrangements.
Five9

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2.06B
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Software - Infrastructure
Services-computer Processing & Data Preparation
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United States
SAN RAMON