Five9, Inc.·4

Jun 8, 5:25 PM ET

Lee Bryan M 4

Research Summary

AI-generated summary

Updated

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.