[Form 4] FIVE9, INC. Insider Trading Activity
Five9, Inc. director and Chief Administrative & Legal Officer Tiffany N. Meriweather reported a mandated sale of 7,861 shares of Five9 common stock on 09/04/2025 to cover tax withholding tied to the vesting and settlement of restricted stock units. The weighted-average sale price was reported as $25.72 per share and the sale reduced her beneficial ownership to 218,978 shares. The filing states the sale was a company-mandated, non-discretionary transaction to satisfy tax obligations and that the reporting person can provide detailed price-by-price information on request.
Tiffany N. Meriweather, direttrice di Five9, Inc. e Chief Administrative & Legal Officer, ha comunicato la vendita obbligatoria di 7.861 azioni ordinarie Five9 il 04/09/2025 per coprire ritenute fiscali legate alla maturazione e alla liquidazione di restricted stock units. Il prezzo medio ponderato di vendita è stato riportato in $25,72 per azione e la vendita ha ridotto la sua proprietà effettiva a 218.978 azioni. La comunicazione specifica che si è trattato di un'operazione imposta dall'azienda e non discrezionale per adempiere agli obblighi fiscali e che la persona che ha presentato la segnalazione può fornire, su richiesta, i dettagli prezzo per prezzo.
Tiffany N. Meriweather, directora y Chief Administrative & Legal Officer de Five9, Inc., informó la venta obligatoria de 7.861 acciones comunes de Five9 el 04/09/2025 para cubrir retenciones fiscales vinculadas a la consolidación y liquidación de unidades restringidas de acciones. El precio medio ponderado de venta se indicó en $25.72 por acción y la operación redujo su participación beneficiosa a 218.978 acciones. La presentación aclara que la venta fue una transacción impuesta por la compañÃa y no discrecional para satisfacer obligaciones fiscales, y que la persona que informa puede proporcionar información detallada precio por precio a solicitud.
Five9, Inc.ì� ì´ì‚¬ì´ìž ìµœê³ í–‰ì •ë²•ë¥ ì±…ìž„ìž�(Chief Administrative & Legal Officer)ì� Tiffany N. MeriweatherëŠ� ì œí•œì£¼ì‹ë‹¨ìœ„(RSU)ì� ë² ìŠ¤íŒ� ë°� ì •ì‚°ê³� ê´€ë ¨ëœ ì„¸ê¸ˆ ì›ì²œì§•수ë¥� 충당하기 위해 2025-09-04ì—� Five9 보통ì£� 7,861주를 ì˜ë¬´ì 으ë¡� 매ë„했다ê³� ë³´ê³ í–ˆìŠµë‹ˆë‹¤. 가중í‰ê·� 매ë„ê°€ëŠ� 주당 $25.72ë¡� ë³´ê³ ë˜ì—ˆìœ¼ë©°, ì� 매ë„ë¡� ì¸í•´ 그녀ì� 실소ìœ� 주ì‹ì€ 218,978주로 ê°ì†Œí–ˆìŠµë‹ˆë‹¤. ì œì¶œì„œë¥˜ëŠ� 해당 매ë„ê°€ 세금 ì˜ë¬´ë¥� ì´í–‰í•˜ê¸° 위한 회사 ëª…ë ¹ì� 비재ëŸ� 거래였ìŒì„ ë°ížˆê³� 있으ë©�, ë³´ê³ ì¸ì€ ìš”ì² ì‹� 거래ë³� ê°€ê²� ìƒì„¸ ì •ë³´ë¥� ì œê³µí•� ìˆ� 있다ê³� 명시했습니다.
Tiffany N. Meriweather, administratrice et Chief Administrative & Legal Officer de Five9, Inc., a déclaré la vente obligatoire de 7 861 actions ordinaires Five9 le 04/09/2025 afin de couvrir les retenues fiscales liées à la maturation et au règlement d'unités d'actions restreintes. Le prix de vente moyen pondéré a été déclaré à 25,72 $ par action et la vente a réduit sa participation bénéficiaire à 218 978 actions. Le dossier précise qu'il s'agissait d'une opération imposée par la société, non discrétionnaire, destinée à satisfaire des obligations fiscales, et que la personne ayant déclaré peut fournir, sur demande, des informations détaillées prix par prix.
Tiffany N. Meriweather, Direktorin und Chief Administrative & Legal Officer von Five9, Inc., meldete den verpflichtenden Verkauf von 7.861 Five9-Stammaktien am 04.09.2025, um Steuerabzüge im Zusammenhang mit der Ausübung und Abrechnung von Restricted Stock Units zu begleichen. Der gewichtete Durchschnittspreis lag bei $25,72 pro Aktie, und durch den Verkauf verringerte sich ihr wirtschaftlicher Besitz auf 218.978 Aktien. Die Meldung stellt klar, dass es sich um eine vom Unternehmen angeordnete, nicht discretionary Transaktion zur Erfüllung steuerlicher Verpflichtungen handelte und dass die meldende Person auf Anfrage detaillierte Preis-für-Preis-Informationen bereitstellen kann.
- Clear disclosure that the sale was mandated to cover tax withholding on vested RSUs, not a discretionary insider sale
- Post-transaction beneficial ownership disclosed (218,978 shares), aiding transparency
- Offer to provide detailed per-price sale information supports auditability and compliance
- Insider holding reduced by 7,861 shares following the sale
Insights
TL;DR: Routine, non-discretionary tax-related sale by an officer that modestly reduces insider holdings and raises no governance flags.
The Form 4 discloses a mandated sale to cover tax withholding from vested restricted stock units, not a voluntary trade by the reporting officer. The transaction size (7,861 shares) is small relative to the reported post-transaction holding of 218,978 shares, suggesting no material change to insider ownership stakes. The use of a weighted-average price for aggregated broker sales is disclosed and the reporting person offers to provide granular price data if requested, which supports transparency.
TL;DR: Disclosure aligns with Section 16 requirements and indicates standard company procedures for tax-withholding on RSU vesting.
The filing clearly identifies the reporting person’s role, the nature of the transaction as a company-mandated sale, and provides an explanation for the weighted-average price treatment. There is no indication of opportunistic trading or deviation from prescribed plans. From a governance perspective, this appears procedural and compliant with reporting obligations.
Tiffany N. Meriweather, direttrice di Five9, Inc. e Chief Administrative & Legal Officer, ha comunicato la vendita obbligatoria di 7.861 azioni ordinarie Five9 il 04/09/2025 per coprire ritenute fiscali legate alla maturazione e alla liquidazione di restricted stock units. Il prezzo medio ponderato di vendita è stato riportato in $25,72 per azione e la vendita ha ridotto la sua proprietà effettiva a 218.978 azioni. La comunicazione specifica che si è trattato di un'operazione imposta dall'azienda e non discrezionale per adempiere agli obblighi fiscali e che la persona che ha presentato la segnalazione può fornire, su richiesta, i dettagli prezzo per prezzo.
Tiffany N. Meriweather, directora y Chief Administrative & Legal Officer de Five9, Inc., informó la venta obligatoria de 7.861 acciones comunes de Five9 el 04/09/2025 para cubrir retenciones fiscales vinculadas a la consolidación y liquidación de unidades restringidas de acciones. El precio medio ponderado de venta se indicó en $25.72 por acción y la operación redujo su participación beneficiosa a 218.978 acciones. La presentación aclara que la venta fue una transacción impuesta por la compañÃa y no discrecional para satisfacer obligaciones fiscales, y que la persona que informa puede proporcionar información detallada precio por precio a solicitud.
Five9, Inc.ì� ì´ì‚¬ì´ìž ìµœê³ í–‰ì •ë²•ë¥ ì±…ìž„ìž�(Chief Administrative & Legal Officer)ì� Tiffany N. MeriweatherëŠ� ì œí•œì£¼ì‹ë‹¨ìœ„(RSU)ì� ë² ìŠ¤íŒ� ë°� ì •ì‚°ê³� ê´€ë ¨ëœ ì„¸ê¸ˆ ì›ì²œì§•수ë¥� 충당하기 위해 2025-09-04ì—� Five9 보통ì£� 7,861주를 ì˜ë¬´ì 으ë¡� 매ë„했다ê³� ë³´ê³ í–ˆìŠµë‹ˆë‹¤. 가중í‰ê·� 매ë„ê°€ëŠ� 주당 $25.72ë¡� ë³´ê³ ë˜ì—ˆìœ¼ë©°, ì� 매ë„ë¡� ì¸í•´ 그녀ì� 실소ìœ� 주ì‹ì€ 218,978주로 ê°ì†Œí–ˆìŠµë‹ˆë‹¤. ì œì¶œì„œë¥˜ëŠ� 해당 매ë„ê°€ 세금 ì˜ë¬´ë¥� ì´í–‰í•˜ê¸° 위한 회사 ëª…ë ¹ì� 비재ëŸ� 거래였ìŒì„ ë°ížˆê³� 있으ë©�, ë³´ê³ ì¸ì€ ìš”ì² ì‹� 거래ë³� ê°€ê²� ìƒì„¸ ì •ë³´ë¥� ì œê³µí•� ìˆ� 있다ê³� 명시했습니다.
Tiffany N. Meriweather, administratrice et Chief Administrative & Legal Officer de Five9, Inc., a déclaré la vente obligatoire de 7 861 actions ordinaires Five9 le 04/09/2025 afin de couvrir les retenues fiscales liées à la maturation et au règlement d'unités d'actions restreintes. Le prix de vente moyen pondéré a été déclaré à 25,72 $ par action et la vente a réduit sa participation bénéficiaire à 218 978 actions. Le dossier précise qu'il s'agissait d'une opération imposée par la société, non discrétionnaire, destinée à satisfaire des obligations fiscales, et que la personne ayant déclaré peut fournir, sur demande, des informations détaillées prix par prix.
Tiffany N. Meriweather, Direktorin und Chief Administrative & Legal Officer von Five9, Inc., meldete den verpflichtenden Verkauf von 7.861 Five9-Stammaktien am 04.09.2025, um Steuerabzüge im Zusammenhang mit der Ausübung und Abrechnung von Restricted Stock Units zu begleichen. Der gewichtete Durchschnittspreis lag bei $25,72 pro Aktie, und durch den Verkauf verringerte sich ihr wirtschaftlicher Besitz auf 218.978 Aktien. Die Meldung stellt klar, dass es sich um eine vom Unternehmen angeordnete, nicht discretionary Transaktion zur Erfüllung steuerlicher Verpflichtungen handelte und dass die meldende Person auf Anfrage detaillierte Preis-für-Preis-Informationen bereitstellen kann.