Form 4: Five9 Director Sagar Gupta Receives RSU Grant

Director Sagar Gupta was granted 8,972 restricted stock units by Five9, Inc. for his service on the Board.

Summary

• Five9, Inc. granted 8,972 restricted stock units (RSUs) to director Sagar Gupta on May 20, 2026.
• The grant is compensation for Mr. Gupta's service on the Board of Directors.
• Each RSU represents a contingent right to receive one share of common stock.
• The RSUs vest on the one-year anniversary of the grant date or immediately prior to the next annual meeting of stockholders.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial strategy.

Positives

• The grant aligns director compensation with long-term shareholder interests through equity-based incentives.

Negatives

• None identified.

Risks

• The value of the equity grant is subject to market fluctuations in Five9's common stock price.

Future Outlook

The RSUs are scheduled to vest on May 20, 2027, or immediately prior to the next annual meeting of stockholders, whichever occurs first.

Management Comments

• Mr. Gupta serves on the Board as a representative of the Anson Funds and disclaims beneficial ownership of the securities, as the Anson Funds are entitled to all economic interest.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the technology sector to ensure alignment between directors and shareholders.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices for publicly traded software and cloud-based companies.
• The vesting schedule of one year is standard for board-level equity grants.

Related Party Transactions

• The reporting person, Sagar Gupta, serves as a representative of the Anson Funds, which are entitled to the economic interest of the granted securities.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Vesting of the 8,972 RSUs on May 20, 2027, or the date of the next annual meeting.

Key Dates

Keywords

Five9, FIVN, Form 4, Director Compensation, Restricted Stock Units, Insider Transaction