Five9 (FIVN) officer sells 5,942 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Five9, Inc. reported an insider transaction by Chief Administrative and Legal Officer Tiffany N. Meriweather. On March 4, 2026, she executed an open-market sale of 5,942 shares of Five9 common stock at a weighted average price of $17.87 per share.
According to the filing, this was a company-mandated sale to cover tax withholding obligations arising from the vesting and settlement of restricted stock units, and was not a discretionary trade. After this tax-related sale, she directly held 311,115 shares of Five9 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,942 shares ($106,184)
Net Sell
1 txn
Insider
Meriweather Tiffany N.
Role
Chief Admin. & Legal Officer
Sold
5,942 shs ($106K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,942 | $17.87 | $106K |
Holdings After Transaction:
Common Stock — 311,115 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did Five9 (FIVN) report for Tiffany N. Meriweather?
Five9 reported that Chief Administrative and Legal Officer Tiffany N. Meriweather sold 5,942 shares of common stock on March 4, 2026. The sale was conducted in the open market at a weighted average price of $17.87 per share.
Was the Five9 (FIVN) insider sale by Tiffany N. Meriweather a discretionary trade?
No. A footnote states the sale was a Five9-mandated transaction to satisfy tax withholding obligations from restricted stock unit vesting. The filing clarifies that it does not represent a discretionary trade by Tiffany N. Meriweather.
What do the footnotes reveal about the Five9 (FIVN) insider sale pricing?
The footnotes state the reported $17.87 is a weighted average price applied by the broker for tax-cover sales for all Five9 employees on that date, and the reporting person can provide detailed price breakdowns upon request.