SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 7.9% Passive Stake in Five9 Inc.

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, reporting a combined beneficial ownership of 7.9% of Five9 Inc.'s common stock as of March 31, 2025.

Summary

• FMR LLC, a Delaware-organized parent holding company, and Abigail P. Johnson, a U.S. citizen, jointly filed an Amendment No. 5 to Schedule 13G.
• The filing reports beneficial ownership of common stock in Five9 Inc. (CUSIP: 338307101).
• As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 6,031,876.89 shares of Five9 Inc. common stock.
• This aggregate amount represents 7.9% of the outstanding class of Five9 Inc. common stock.
• FMR LLC holds sole voting power over 5,967,121.33 shares and sole dispositive power over 6,031,876.89 shares.
• Abigail P. Johnson holds sole dispositive power over 6,031,876.89 shares, with no sole or shared voting power directly attributed.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Five9 Inc.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It is a neutral regulatory update.

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Five9 Inc.'s future performance or outlook.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing is a standard disclosure of a significant passive ownership stake by a large asset management firm (FMR LLC, parent of Fidelity Investments) in a publicly traded technology company specializing in cloud contact center software (Five9 Inc.). It reflects an institutional investment position rather than a strategic industry move or competitive analysis.

Related Party Transactions

• Abigail P. Johnson is a Director, the Chairman, and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners (49% voting power) of Series B voting common shares of FMR LLC. They have a shareholders' voting agreement to vote Series B shares in accordance with the majority, potentially forming a controlling group with respect to FMR LLC under the Investment Company Act of 1940.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake in Five9 Inc., confirming a large, passive investment by FMR LLC and its affiliates.

Key Dates

Keywords

Five9 Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Passive Investment