FIVN.NASDAQFive9, INC

Form 4: Five9 Interim CFO Sells Shares for Tax Obligations Following RSU Vesting

Sentiment:

Insider Transaction Report


Five9, Inc.'s Interim CFO, Bryan M. Lee, sold 1,798 shares of common stock on June 4, 2025, at a weighted average price of $28.28 per share, to satisfy tax withholding obligations related to restricted stock unit vesting.

Summary

  • Bryan M. Lee, Interim CFO of Five9, Inc. (FIVN), reported a sale of 1,798 shares of common stock.
  • The transaction occurred on June 4, 2025.
  • The shares were sold at a weighted average price of $28.28 per share.
  • This sale was a Five9, Inc. mandated transaction to cover tax withholding obligations associated with the vesting and settlement of restricted stock units, and it does not represent a discretionary trade by the Reporting Person.
  • Following this transaction, Bryan M. Lee beneficially owns 126,468 shares of Five9, Inc. common stock.
  • The reported beneficial ownership includes 76 shares acquired under the Five9, Inc. Employee Stock Purchase Plan on May 15, 2025.

Sentiment

Score: 5

Explanation: The transaction reported is a routine, non-discretionary sale of shares by an insider to cover tax withholding obligations upon the vesting of restricted stock units, which is a common and expected event in executive compensation.

Future Outlook

NA

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.

Industry Context

NA

Key Dates

DateDescription
05/15/2025Acquisition of 76 shares under the Five9, Inc. Employee Stock Purchase Plan.
06/04/2025Date of common stock sale by Bryan M. Lee to cover tax withholding obligations.
06/06/2025Date the Form 4 was signed by attorney-in-fact.

Keywords

Five9, FIVN, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Employee Stock Purchase Plan, Bryan M. Lee, Interim CFO

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