Form 4: Five9 Director Michael Burdiek Reports Transaction in Company Stock
SEC Filing
Director Michael J. Burdiek of Five9, Inc. reports the acquisition and disposal of common stock on May 14, 2024, according to a Form 4 filing with the SEC.
Summary
- On May 14, 2024, Michael J. Burdiek, a director of Five9, Inc., engaged in a transaction involving the company's common stock.
- According to the Form 4 filing, Mr. Burdiek acquired 3,755 shares of common stock.
- Following the reported transaction, Mr. Burdiek beneficially owns 23,020 shares of Five9 common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in company stock. This allows investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of execution of the Limited Power of Attorney. |
| 05/14/2024 | Date of the stock transaction. |
| 05/16/2024 | Date of signature of the Form 4 filing. |
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