Andy Dignan, President of Five9 (NASDAQ:FIVN), sold 6,986 shares at $35.00 per share on Sept. 17, 2026, according to a recent SEC Form 4 filing.
Transaction summary
Transaction value based on SEC Form 4 weighted average sale price ($35.00); post-transaction value based on Sept. 17, 2026, market close ($34.50).
Key questions
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How does this transaction relate to the executive’s total equity exposure?
Following this sale, Andy Dignan retains direct ownership of 237,614 shares, which represents a total position value of approximately $8.8 million based on the Sept. 21, 2026, market close of $37.01. -
What is the context of the Rule 10b5-1 plan?
The trading plan was adopted on Sept. 2, 2025, more than a full year before this execution, ensuring the transaction was scheduled well in advance of current market conditions. -
What has been the stock’s performance relative to the transaction date?
At the time of the transaction on Sept. 17, 2026, the company had delivered a 33% one-year total return. -
What is the insider’s current ownership level in the company?
The President holds a 0.31% ownership stake in the firm, providing continued alignment with institutional and retail shareholders while facilitating personal portfolio management.
Company Overview
Company Snapshot
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Five9 provides cloud-based contact center software and services that enable enterprises to manage customer interactions across multiple communication channels, including voice, email, chat, and social media.
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The company operates a subscription-based SaaS business model, generating recurring revenue from enterprise customers who license its virtual contact center platform and integrated applications.
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Five9 serves mid-market and large enterprise customers across diverse industries, including financial services, healthcare, technology, and retail, seeking to optimize customer service, sales, and marketing operations.
Five9 is a leading provider of cloud-based contact center solutions with a market capitalization of $2.6 billion and TTM revenue of $1.2 billion, demonstrating strong market positioning in the enterprise software space.
The company’s comprehensive platform integrates customer service, sales, and marketing applications, enabling clients to deliver seamless omnichannel customer experiences.