Five9 CAO sells 6,617 shares under 10b5-1 plan
Five9’s chief accounting officer reported pre-planned open-market sales totaling 6,617 shares in early September 2026, partly for tax withholding on RSU vesting.
Rhea-AI Filing Summary
Five9, Inc. (FIVN) disclosed that Leena Mansharamani, SVP and Chief Accounting Officer, sold a total of 6,617 shares of common stock in multiple open-market transactions from September 3 to September 8, 2026, at prices around $31.53–$35.05 per share. All reported sales were effected under a Rule 10b5-1 trading plan adopted on June 4, 2026, and a portion of the September 4, 2026 sales was made to cover taxes upon the vesting of restricted stock units.
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Insider Trade Summary 10b5-1
Net Seller: 6,617 shares
Net Sell
5 txns
Insider
Mansharamani Leena
Role
SVP, Chief Accounting Officer
Sold
6,617 shs ($221K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F7 | 1,253 | $31.53 | $40K |
| Sale | Common Stock F1, F4, F5 | 2,505 | $33.32 | $83K |
| Sale | Common Stock F1, F4, F6 | 201 | $33.71 | $7K |
| Sale | Common Stock F1, F2, F3 | 2,558 | $34.19 | $87K |
| Sale | Common Stock F1 | 100 | $35.05 | $4K |
Holdings After Transaction:
Common Stock — 52,417 shares (Direct)
Footnotes (7)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 4, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.98 to $34.57, 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.
- F3. Includes 1,336 shares acquired under the Five9, Inc. Employee Stock Purchase Plan on May 15, 2026.
- F4. The reported sales were to cover taxes upon the vesting of restricted stock units.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.65 to $33.65, 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.69 to $33.75, 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.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.17 to $31.92, 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: 6,617 shares
Sale price September 8, 2026: $31.53 per share
Sale prices September 3, 2026: $34.19 and $35.05 per share
+3 more
6 metrics
Shares sold
6,617 shares
Total non-derivative common shares sold by the insider during September 3–8, 2026
Sale price September 8, 2026
$31.53 per share
Sale of 1,253 shares of common stock on September 8, 2026
Sale prices September 3, 2026
$34.19 and $35.05 per share
Sales of 2,558 and 100 shares of common stock on September 3, 2026
Sale prices September 4, 2026
$33.32 and $33.71 per share
Sales of 2,505 and 201 shares of common stock on September 4, 2026
ESPP shares included
1,336 shares
Common shares acquired under the Five9 Employee Stock Purchase Plan on May 15, 2026
10b5-1 plan adoption date
June 4, 2026
Rule 10b5-1 trading plan under which the reported sales were effected
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, restricted stock units
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Employee Stock Purchase Plan financial
"Includes 1,336 shares acquired under the Five9, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
restricted stock units financial
"The reported sales were to cover taxes upon the vesting 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.
FAQ
What did Five9 (FIVN) disclose about insider transactions in this Form 4?
Five9 reported that SVP and Chief Accounting Officer Leena Mansharamani sold 6,617 shares of common stock in open-market transactions between September 3 and 8, 2026, at prices around $31.53–$35.05 per share, under a Rule 10b5-1 trading plan.
Were the Five9 (FIVN) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states that all sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 4, 2026.
What were the reported sale prices for the Five9 (FIVN) insider transactions?
Reported prices per share were $34.19 and $35.05 on September 3, $33.32 and $33.71 on September 4, and $31.53 on September 8, 2026. Several prices are disclosed as weighted average prices over specified trading ranges.
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