Burdiek Michael J 4

What Happened
Michael J. Burdiek, a director of Five9, Inc. (FIVN), was granted 8,972 shares on 2026-05-20. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (total reported cash outlay $0), indicating a compensation-related issuance rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (filed within the standard two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 8,972; price per share: $0.00; reported cash value: $0.
• Shares owned after transaction: Not specified in the provided summary — check the full Form 4 for post-transaction holdings.
• No footnotes or 10b5-1/withholding details provided in the summary.

Context
This was an equity award (likely part of director compensation such as restricted stock or RSUs) rather than a purchase or sale. Awards are common for board compensation and do not by themselves indicate the insider buying or selling stock for investment reasons. For the precise nature (e.g., vesting schedule or tax withholding), consult the full Form 4 or the company’s proxy/compensation disclosures.