Form 4: Five9 President Andy Dignan Sells Shares Under Pre-Arranged Trading Plan

Five9, Inc. President Andy Dignan reported the sale of 700 shares of common stock on July 1, 2025, executed under a Rule 10b5-1 trading plan.

Summary

• Andy Dignan, President of Five9, Inc., sold 700 shares of the company's common stock.
• The transaction occurred on July 1, 2025, at a price of $26.44 per share.
• The sale was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Dignan on December 10, 2024.
• Following this transaction, Mr. Dignan directly beneficially owns 226,439 shares of Five9 common stock.

Sentiment

Score: 5

Explanation: The document reports a routine insider stock sale executed under a pre-arranged Rule 10b5-1 trading plan, which is generally considered a neutral event as it indicates a planned liquidity or diversification strategy rather than a reaction to new company developments.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale of 700 shares by a key executive is a very small volume relative to Five9's total shares outstanding and daily trading volume, thus having a negligible direct impact on the share price or ownership structure. The execution under a 10b5-1 plan indicates a pre-planned, transparent transaction.

Key Dates

Keywords

Five9, FIVN, Form 4, insider trading, stock sale, Rule 10b5-1, Andy Dignan, common stock