Form 4: Five9 CFO Sells Shares for Tax Obligations
Insider Transaction Report
Five9's Chief Financial Officer, Bryan M. Lee, sold 13,219 shares of common stock at a weighted average price of $20.35 to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Bryan M. Lee, Chief Financial Officer of Five9, Inc. (FIVN), reported a transaction on December 4, 2025.
- The transaction involved the sale of 13,219 shares of Five9 Common Stock.
- The shares were sold at a weighted average price of $20.35 per share.
- The sale was mandated by Five9, Inc. to cover tax withholding obligations associated with the vesting and settlement of restricted stock units.
- This sale does not represent a discretionary trade by the Reporting Person.
- Following this transaction, Bryan M. Lee beneficially owns 224,269 shares of Five9 Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary sale of shares by an insider to cover tax obligations related to RSU vesting, which is a neutral event and does not indicate a change in company performance or insider sentiment.
Management Comments
- 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.
Stakeholder Impact
- Shareholders: The sale is a routine tax-related transaction and is unlikely to have a significant impact on shareholder perception or the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 12/04/2025 | Date of transaction (sale of common stock) |
| 12/05/2025 | Date the Form 4 was signed |
Keywords
Five9, FIVN, Form 4, Insider Transaction, Stock Sale, CFO, Restricted Stock Units, Tax Withholding
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