Form 4: Five9 Officer Sells Shares for Tax Obligations

Five9's Chief Administrative & Legal Officer, Tiffany N. Meriweather, sold 6,852 shares of common stock at a weighted average price of $20.35 to cover tax withholding obligations from restricted stock unit vesting.

Summary

• Tiffany N. Meriweather, Chief Administrative & Legal Officer of Five9, Inc., reported a sale of common stock.
• The transaction occurred on December 4, 2025.
• A total of 6,852 shares of Five9, Inc. common stock were disposed of.
• 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 (RSUs).
• This transaction was not a discretionary trade by the reporting person.
• Following the reported transaction, Tiffany N. Meriweather beneficially owns 212,126 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations related to RSU vesting. It does not indicate a change in the officer's confidence in the company or its future prospects, nor does it reflect any operational or financial performance.

Positives

• The sale indicates the vesting of restricted stock units (RSUs), which is a form of equity compensation for the officer.

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.
• The price reported in Column 4 is a weighted average price applied to the transaction by the broker for sales to cover taxes upon vesting of restricted stock units for all employees of Five9, Inc., including the Reporting Person, on the date such sales occurred.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine, non-discretionary sale for tax purposes and does not signal a change in company fundamentals or insider sentiment.
• Employees: The vesting of RSUs is a standard part of executive compensation.

Key Dates

Keywords

Five9, FIVN, SEC Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Corporate Officer, Equity Compensation