Five9, Inc.·4

Mar 6, 4:08 PM ET

Mansharamani Leena 4

Research Summary

AI-generated summary

Updated

Five9 (FIVN) SVP Leena Mansharamani Sells 1,926 Shares

What Happened

  • Leena Mansharamani, SVP and Chief Accounting Officer of Five9, sold 1,926 shares on 2026-03-04 at a weighted average price of $17.87 per share, yielding proceeds of approximately $34,418. This was a sale (not a purchase) and was reported on a Form 4 filed 2026-03-06.

Key Details

  • Transaction date and price: 2026-03-04 at a weighted average price of $17.87.
  • Proceeds: approx. $34,418.
  • Shares owned after the transaction: not specified in the information provided on this summary.
  • Footnotes: The sale was a company‑mandated sale to cover tax withholding in connection with the vesting/settlement of restricted stock units and was not a discretionary trade by the reporting person (Footnote F1). The reported price is a broker‑applied weighted average for tax‑covering sales across employees; detailed per-price breakdown is available on request (Footnote F2).
  • Filing timeliness: Form 4 was filed on 2026-03-06 for a 2026-03-04 transaction (filed within the typical two-business-day reporting window).

Context

  • This type of sale is common when restricted stock units vest and shares are sold to satisfy tax withholding; such transactions are routine and typically do not signal a deliberate market view by the insider. The filing notes the sale was mandated for tax purposes and not a discretionary sale.