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Five9, Inc.·4

Mar 6, 4:06 PM ET

Tuckness Matthew E. 4

Research Summary

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Five9 (FIVN) Chief Revenue Officer Matthew E. Tuckness Sells 5,164 Shares

What Happened
Matthew E. Tuckness, Chief Revenue Officer of Five9, sold 5,164 shares on March 4, 2026, at a weighted-average price of $17.87 per share, for a total value of approximately $92,281. The filing indicates this was a mandated sale to cover tax withholding related to the vesting and settlement of restricted stock units (RSUs), not a discretionary market trade.

Key Details

  • Transaction date: 2026-03-04; Filed on Form 4: 2026-03-06 (appears timely under Form 4 rules).
  • Transaction type: Sale (S); purpose: tax withholding on RSU vesting (per footnote).
  • Price: $17.87 (weighted average price reported by broker). Total proceeds ≈ $92,281.
  • Shares owned after the transaction: Not disclosed in the provided excerpt.
  • Footnotes: F1 — sale mandated to cover tax withholding (not discretionary). F2 — broker applied a weighted-average price for tax-cover sales across employees; broker can provide breakdown on request.
  • Accession: 0002080340-26-000006 (Form 4 reporting this transaction).

Context: This was a routine, non-discretionary sale tied to RSU tax withholding. Such transactions generally do not signal insider sentiment the way voluntary open-market purchases might.