Form 4: Five9 CEO Michael Burkland Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CEO Michael Burkland reports acquisition and disposal of Five9 common stock on February 26, 2024.
Summary
- On February 26, 2024, Michael Burkland, CEO of Five9, Inc., reported changes in his beneficial ownership of the company's common stock.
- Burkland acquired 87,648 shares of common stock.
- He also disposed of 133,026 shares held indirectly through a trust.
- Following these transactions, Burkland directly owns 255,573 shares of Five9 common stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports changes in stock ownership.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is a standard practice for publicly traded companies.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock acquisition and disposal |
| 02/28/2024 | Date of signature on the report |
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