[Form 4] FIVE9, INC. Insider Trading Activity
Panos Kozanian, Executive Vice President, Product Engineering at Five9, Inc. (FIVN), reported two open-market sales of common stock on 09/04/2025 executed under a Rule 10b5-1 trading plan adopted May 14, 2025. The Form 4 shows a sale of 4,427 shares at a weighted-average price of $25.50, after which the reporting person beneficially owned 111,748 shares. A second sale on the same date disposed of 6,433 shares at a weighted-average price of $26.12, leaving 105,315 shares beneficially owned. The filing was signed by an attorney-in-fact on 09/08/2025.
Panos Kozanian, Executive Vice President, Product Engineering di Five9, Inc. (FIVN), ha dichiarato due vendite di azioni ordinarie sul mercato aperto eseguite il 04/09/2025 nell'ambito di un piano di trading Rule 10b5-1 adottato il 14 maggio 2025. Il modulo Form 4 riporta la vendita di 4.427 azioni a un prezzo medio ponderato di $25.50, dopo la quale la persona segnalante deteneva beneficiariamente 111.748 azioni. Una seconda vendita nella stessa data ha ceduto 6.433 azioni a un prezzo medio ponderato di $26.12, riducendo la partecipazione a 105.315 azioni beneficiarie. Il documento è stato firmato da un procuratore il 08/09/2025.
Panos Kozanian, Executive Vice President, Product Engineering en Five9, Inc. (FIVN), informó dos ventas en el mercado abierto de acciones comunes el 04/09/2025 realizadas bajo un plan de negociación Rule 10b5-1 adoptado el 14 de mayo de 2025. El Formulario 4 muestra una venta de 4,427 acciones a un precio promedio ponderado de $25.50, tras la cual la persona informante poseía beneficiariamente 111,748 acciones. Una segunda venta en la misma fecha dispuso de 6,433 acciones a un precio promedio ponderado de $26.12, dejando 105,315 acciones en posesión beneficiaria. La presentación fue firmada por un apoderado el 08/09/2025.
Panos Kozanian, Executive Vice President, Product Engineering at Five9, Inc. (FIVN),� 2025� 09/04/2025� 2025� 5� 14� 채택� Rule 10b5-1 거래 계획� 따라 공개 시장에서 보통� � 건을 판매했다� 보고했습니다. Form 4에는 가중평� 가� $25.50� 4,427주를 매도했으�, � 이후 보유 이익� 있는 주식 수는 111,748주로 기재되어 있습니다. 같은 날짜� � 번째 매도� 가중평� 가� $26.12� 6,433주를 처분� 보유 이익 주식 수가 105,315주로 남았습니�. 서류� 대리인� 의해 09/08/2025� 서명되었습니�.
Panos Kozanian, Executive Vice President, Product Engineering chez Five9, Inc. (FIVN), a déclaré deux ventes d'actions ordinaires sur le marché ouvert le 04/09/2025, réalisées dans le cadre d'un plan de négociation Rule 10b5-1 adopté le 14 mai 2025. Le formulaire 4 indique une vente de 4�427 actions à un prix moyen pondéré de $25.50, après laquelle la personne déclarant détenait bénéficiairement 111�748 actions. Une seconde vente à la même date a cédé 6�433 actions à un prix moyen pondéré de $26.12, laissant 105�315 actions détenues bénéficiairement. Le dépôt a été signé par un mandataire le 08/09/2025.
Panos Kozanian, Executive Vice President, Product Engineering bei Five9, Inc. (FIVN), meldete zwei Verkäufe von Stammaktien im freien Handel am 04.09.2025, ausgeführt im Rahmen eines Rule-10b5-1-Handelsplans, der am 14. Mai 2025 angenommen wurde. Das Formular 4 weist einen Verkauf von 4.427 Aktien zu einem gewichteten Durchschnittspreis von $25.50 aus, wonach die meldende Person wirtschaftlich 111.748 Aktien hielt. Ein zweiter Verkauf am selben Tag umfasste 6.433 Aktien zu einem gewichteten Durchschnittspreis von $26.12, wodurch der wirtschaftliche Bestand auf 105.315 Aktien sank. Die Einreichung wurde am 08.09.2025 von einem Bevollmächtigten unterzeichnet.
- Sales executed under a Rule 10b5-1 plan, indicating trades were pre-planned and not opportunistic
- Filing discloses weighted-average prices and price ranges, offering transparency about execution
- Officer sold 10,860 shares, reducing beneficial ownership from prior levels to 105,315
- No stated purpose beyond the 10b5-1 plan; the filing does not provide context on whether sales were for diversification, taxes, or other needs
Insights
TL;DR: Insider sales totaling 10,860 shares were disclosed, executed under a 10b5-1 plan; ownership decreased but no additional company-sensitive details provided.
The Form 4 reports two disposals totaling 10,860 shares by an officer via a pre-established Rule 10b5-1 plan, with weighted-average prices of $25.50 and $26.12. Such plan-based sales are routine mechanisms for insiders to liquidate holdings while reducing timing risk. The filing gives post-transaction beneficial ownership levels (111,748 and 105,315), which help quantify remaining insider exposure. The disclosure lacks statements about purpose beyond the 10b5-1 plan and includes price ranges for the constituent trades.
TL;DR: The insider used a documented 10b5-1 plan; reporting is timely and includes required pricing details and post-sale holdings.
The Form 4 indicates compliance with Rule 10b5-1 by noting the plan adoption date (May 14, 2025) and provides weighted-average prices plus ranges for the executed trades. The presence of an attorney-in-fact signature indicates the filing formalities were completed. The disclosure is clear on number of shares sold and remaining beneficial ownership, which supports transparency but does not address any corporate governance changes or company-specific operational matters.
Panos Kozanian, Executive Vice President, Product Engineering di Five9, Inc. (FIVN), ha dichiarato due vendite di azioni ordinarie sul mercato aperto eseguite il 04/09/2025 nell'ambito di un piano di trading Rule 10b5-1 adottato il 14 maggio 2025. Il modulo Form 4 riporta la vendita di 4.427 azioni a un prezzo medio ponderato di $25.50, dopo la quale la persona segnalante deteneva beneficiariamente 111.748 azioni. Una seconda vendita nella stessa data ha ceduto 6.433 azioni a un prezzo medio ponderato di $26.12, riducendo la partecipazione a 105.315 azioni beneficiarie. Il documento è stato firmato da un procuratore il 08/09/2025.
Panos Kozanian, Executive Vice President, Product Engineering en Five9, Inc. (FIVN), informó dos ventas en el mercado abierto de acciones comunes el 04/09/2025 realizadas bajo un plan de negociación Rule 10b5-1 adoptado el 14 de mayo de 2025. El Formulario 4 muestra una venta de 4,427 acciones a un precio promedio ponderado de $25.50, tras la cual la persona informante poseía beneficiariamente 111,748 acciones. Una segunda venta en la misma fecha dispuso de 6,433 acciones a un precio promedio ponderado de $26.12, dejando 105,315 acciones en posesión beneficiaria. La presentación fue firmada por un apoderado el 08/09/2025.
Panos Kozanian, Executive Vice President, Product Engineering at Five9, Inc. (FIVN),� 2025� 09/04/2025� 2025� 5� 14� 채택� Rule 10b5-1 거래 계획� 따라 공개 시장에서 보통� � 건을 판매했다� 보고했습니다. Form 4에는 가중평� 가� $25.50� 4,427주를 매도했으�, � 이후 보유 이익� 있는 주식 수는 111,748주로 기재되어 있습니다. 같은 날짜� � 번째 매도� 가중평� 가� $26.12� 6,433주를 처분� 보유 이익 주식 수가 105,315주로 남았습니�. 서류� 대리인� 의해 09/08/2025� 서명되었습니�.
Panos Kozanian, Executive Vice President, Product Engineering chez Five9, Inc. (FIVN), a déclaré deux ventes d'actions ordinaires sur le marché ouvert le 04/09/2025, réalisées dans le cadre d'un plan de négociation Rule 10b5-1 adopté le 14 mai 2025. Le formulaire 4 indique une vente de 4�427 actions à un prix moyen pondéré de $25.50, après laquelle la personne déclarant détenait bénéficiairement 111�748 actions. Une seconde vente à la même date a cédé 6�433 actions à un prix moyen pondéré de $26.12, laissant 105�315 actions détenues bénéficiairement. Le dépôt a été signé par un mandataire le 08/09/2025.
Panos Kozanian, Executive Vice President, Product Engineering bei Five9, Inc. (FIVN), meldete zwei Verkäufe von Stammaktien im freien Handel am 04.09.2025, ausgeführt im Rahmen eines Rule-10b5-1-Handelsplans, der am 14. Mai 2025 angenommen wurde. Das Formular 4 weist einen Verkauf von 4.427 Aktien zu einem gewichteten Durchschnittspreis von $25.50 aus, wonach die meldende Person wirtschaftlich 111.748 Aktien hielt. Ein zweiter Verkauf am selben Tag umfasste 6.433 Aktien zu einem gewichteten Durchschnittspreis von $26.12, wodurch der wirtschaftliche Bestand auf 105.315 Aktien sank. Die Einreichung wurde am 08.09.2025 von einem Bevollmächtigten unterzeichnet.