Five9 (FIVN) legal chief sells 29,817 company shares in market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Five9, Inc.’s Chief Administrative and Legal Officer, Tiffany N. Meriweather, reported selling a total of 29,817 shares of Five9 common stock in open-market transactions. She sold 8,497 shares on May 13, 2026 at a weighted average price of $21.22 per share and 21,320 shares on May 14, 2026 at a weighted average price of $20.98 per share. After these sales, she directly holds 281,298 Five9 common shares, indicating she continues to maintain a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 29,817 shares ($627,600)
Net Sell
2 txns
Insider
Meriweather Tiffany N.
Role
Chief Admin. & Legal Officer
Sold
29,817 shs ($628K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,320 | $20.98 | $447K |
| Sale | Common Stock | 8,497 | $21.22 | $180K |
Holdings After Transaction:
Common Stock — 281,298 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.20 to $21.22, inclusive. 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 within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.97 to $21.10, inclusive. 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 within the ranges set forth in this footnote.
Key Figures
Shares sold May 13, 2026: 8,497 shares
Price May 13, 2026: $21.22/share
Shares sold May 14, 2026: 21,320 shares
+3 more
6 metrics
Shares sold May 13, 2026
8,497 shares
Open-market sale of common stock at weighted average $21.22
Price May 13, 2026
$21.22/share
Weighted average sale price for 8,497 common shares
Shares sold May 14, 2026
21,320 shares
Open-market sale of common stock at weighted average $20.98
Price May 14, 2026
$20.98/share
Weighted average sale price for 21,320 common shares
Total shares sold
29,817 shares
Aggregate of two open-market sales reported in Form 4
Shares held after transactions
281,298 shares
Direct ownership of Five9 common stock after May 14, 2026 sale
Key Terms
open-market sale, weighted average price, Common Stock, non-derivative
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did Five9 (FIVN) disclose for Tiffany N. Meriweather?
Five9 disclosed that Chief Administrative and Legal Officer Tiffany N. Meriweather sold company common stock in two open-market transactions, totaling 29,817 shares. The sales occurred on May 13 and May 14, 2026, at weighted average prices slightly above $21 per share.
What type of insider transactions were reported for Five9 (FIVN) on these dates?
The filing reports open-market sales of Five9 common stock, coded as “S” transactions. Both trades involved non-derivative common shares sold directly by the insider, rather than option exercises, gifts, or tax-withholding dispositions, according to the transaction details provided.
Were the reported Five9 (FIVN) insider sales executed at a single price or a range of prices?
Each transaction was executed at multiple prices within a narrow range, reported as a weighted average. On May 13, trades ranged from $21.20 to $21.22 per share, and on May 14, from $20.97 to $21.10, with full breakdowns available on request.