Lee Bryan M 4
4 · Five9, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Five9 (FIVN) CFO Bryan M. Lee Sells Shares
What Happened Bryan M. Lee, Chief Financial Officer of Five9, sold a total of 18,131 shares in open-market/private sales on June 4–5, 2026, generating approximately $449,060 in proceeds. The individual reported trades were:
- 4,794 shares @ $24.16 = $115,823 (6/4/2026)
- 6,107 shares @ $25.13 = $153,469 (6/4/2026)
- 1,406 shares @ $25.69 = $36,120 (6/4/2026)
- 4,313 shares @ $24.81 = $107,006 (6/4/2026)
- 1,511 shares @ $24.25 = $36,642 (6/5/2026)
These were sales (code S) rather than purchases — sales are often routine (see Context).
Key Details
- Transaction dates: June 4–5, 2026; Form 4 filed June 8, 2026.
- Total shares sold: 18,131; total reported proceeds: $449,060.
- Reported prices are weighted averages; the filing discloses transaction price ranges across the trades (roughly $23.60 to $25.83 per share, see footnotes).
- Notable footnotes: sales were effected under a Rule 10b5-1 trading plan adopted Sept 3, 2025 and were to cover taxes upon vesting of restricted stock units (sell-to-cover policy).
- Shares owned after the transactions: not specified in the provided filing details.
- Filing timeliness: filing date is June 8 reporting trades on June 4–5 (no late-filing indication provided in the data).
Context The filing shows sell-to-cover activity tied to RSU vesting and a pre-established 10b5-1 plan. Such tax-withholding sales are routine and do not necessarily indicate the insider’s view of the company’s prospects. Purchases or large unscheduled sales by insiders can carry more interpretive weight for investors. Footnotes state the reporting person or the company can provide detailed per-price breakdowns on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-06-04$24.16/sh−4,794$115,823→ 323,288 total - Sale
Common Stock
[F1][F2][F4]2026-06-04$25.13/sh−6,107$153,469→ 317,181 total - Sale
Common Stock
[F1][F2][F5]2026-06-04$25.69/sh−1,406$36,120→ 315,775 total - Sale
Common Stock
[F6][F7]2026-06-04$24.81/sh−4,313$107,006→ 311,462 total - Sale
Common Stock
[F1]2026-06-05$24.25/sh−1,511$36,642→ 309,951 total
Footnotes (7)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2025.
- [F2]The reported sales were to cover taxes upon the vesting of restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.60 to $24.60, inclusive. The reporting person undertakes to provide Five9, Inc., any security holder of Five9, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.62 to $25.62, inclusive. The reporting person undertakes to provide Five9, Inc., any security holder of Five9, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.64 to $25.83, inclusive. The reporting person undertakes to provide Five9, Inc., any security holder of Five9, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F6]The reported sales were to cover taxes upon the vesting of restricted stock units. The sales reported in this Form 4 were effected in accordance with Five9, Inc.s previously established sell to cover withholding policy, the Corporations Policy.
- [F7]The price reported in Column 4 is a weighted average price applied to the transaction by the broker under the Corporations Policy for sales to cover taxes upon vesting of restricted stock units for all individuals, including the reporting person subject to the Corporations Policy on the date such sales occurred. The reporting person undertakes to provide Five9, Inc., any security holder of Five9, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.