Lee Bryan M 4

What Happened

• Bryan M. Lee, Chief Financial Officer of Five9, sold a total of 11,611 shares in two open‑market transactions: 9,855 shares on 2026-03-04 (weighted avg price $17.70, proceeds $174,434) and 1,756 shares on 2026-03-05 (weighted avg price $17.92, proceeds $31,468). Total proceeds across both disposals were about $205,902. These were sales (routine disposition), not purchases.

Key Details

• Transaction dates and reported weighted prices:
  • 2026-03-04: 9,855 shares at $17.70 (weighted avg) — $174,434
  • 2026-03-05: 1,756 shares at $17.92 (weighted avg) — $31,468
• Price range: the filing notes individual sale prices ranged from $17.43 to $17.99; the filer can provide a per‑price breakdown on request.
• Purpose/footnotes:
  • Sales effected under a Rule 10b5-1 trading plan adopted Sept 3, 2025 (F1).
  • Reported sales were to cover taxes upon the vesting of restricted stock units (F2).
• Shares owned after the transactions: not disclosed in the information provided.
• Filing timeliness: Form 4 was filed 2026-03-06 for transactions dated 2026-03-04 and 2026-03-05 (appears timely).

Context

• These sales were made under a pre‑arranged 10b5‑1 plan and to satisfy tax withholding on RSU vesting, which are common, routine reasons for insiders to sell shares and are generally considered operational rather than a directional vote on company prospects.