Form 4: Five9 Director Robert Zollars Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert Zollars, a director at Five9, Inc., reported 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, Robert Zollars, a director of Five9, Inc., reported changes in beneficial ownership of the company's common stock.
- The reported transactions include the acquisition of 3,755 shares of common stock at $0 and the disposal of 1,784 shares held indirectly by a trust.
- Following these transactions, Zollars directly owns 68,531 shares of Five9 common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the buying and selling of securities by company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of execution for the Limited Power of Attorney. |
| 05/14/2024 | Date of the stock transactions reported in the Form 4 filing. |
| 05/16/2024 | Date of signature for the Form 4 filing. |
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