Andy Dignan, President of Five9 (NASDAQ:FIVN), reported the sale of 8,293 shares of common stock in multiple open-market transactions on March 4 and March 5, 2026, according to a SEC Form 4 filing.
Metric | Value |
|---|---|
Shares sold (direct) | 8,293 |
Transaction value | ~$147,000 |
Post-transaction shares (direct) | 286,963 |
Post-transaction value (direct ownership) | ~$5.23 million |
Transaction value based on SEC Form 4 weighted average purchase price ($17.78); post-transaction value based on March 5, 2026 market close ($17.78).
How does this sale compare to Dignan’s historical trading patterns?
The transaction follows a pattern of routine compensation-driven activity — part mandatory tax withholding on RSU vesting, part preplanned 10b5-1 sale rather than discretionary selling.What proportion of Dignan’s holdings was impacted, and what does he retain?
This transaction represented 2.8% of Dignan’s direct shareholdings, leaving him with 286,963 directly held shares valued at approximately $5.23 million as of March 5, 2026; he holds no indirect or derivative positions.Was this transaction part of a routine plan or a discretionary action?
The sales were conducted under a prearranged Rule 10b5-1 trading plan, indicating a pre-scheduled, systematic approach rather than discretionary or reactive selling.What is the current context for Five9’s stock and insider ownership?
Following a one-year decline of 49% in Five9’s share price (as of March 26, 2026), Dignan’s direct holdings now account for approximately 0.37% of total shares outstanding, with all insider ownership being direct common stock.
Metric | Value |
|---|---|
Price (as of market close March 27, 2026) | $15.12 |
Market capitalization | $1.16 billion |
Revenue (TTM) | $1.15 billion |
Net income (TTM) | $39.42 million |
* 1-year performance is calculated using March 26, 2026 as the reference date.
Provides a cloud-based contact center platform supporting voice, video, chat, email, social media, and API-driven customer interactions.
Generates revenue primarily through subscription-based software-as-a-service (SaaS) offerings for enterprise clients.
Serves customers across banking, financial services, business process outsourcing, healthcare, technology, and education sectors.
Five9 is a leading provider of cloud software for contact centers, enabling organizations to manage customer engagement across multiple digital and voice channels. The company leverages advanced technologies such as natural language processing and automatic speech recognition to enhance the efficiency and quality of customer interactions. With a scalable SaaS model and a diverse enterprise client base, Five9 maintains a competitive edge in the rapidly evolving contact center software industry.
