The selling is routine in scale and composition — no single insider's sale exceeds a typical compensation-linked diversification. Monitor the upcoming 10-Q for revenue/earnings trajectory; the cluster does not pre-indicate material undisclosed news. Given prior positive drift off insider-selling clusters, a contrarian view may consider this noise.
Price Chart
Executive Summary
Six senior executives at Five9, including the President, CFO, CRO, Chief Administrative Officer, EVP of Product Engineering, and Chief Accounting Officer, collectively sold $834K in open-market stock within a tight window. While no insider bought shares, the dollar amount is modest (0.05% of a $1.8B market cap) and the cluster appears linked to a shared post-blackout window, not emergent negative news. The historical performance block shows prior neutral/short reports on FIVN delivered strong positive moves, suggesting the stock has been resilient to insider selling patterns.
Key Financial Metrics
Key Facts
- Six insiders sold shares totaling ~$834K in a 7-day window (May 28, 2026 – June 4, 2026).
- Representative senior sellers: President (Andy Dignan), CFO (Bryan Lee), CRO (Matthew Tuckness), Chief Admin. & Legal Officer (Tiffany Meriweather).
- No insider open-market purchases were reported in the cluster.
- Total sells represent ~0.05% of Five9's $1.8B market cap — trivial proportionally.
- Recent 30-day insider activity shows 8 sells totaling $945K, consistent with routine liquidity-driven patterns.
- Per academic literature, cluster sells are weakly informative due to common blackout windows and diversification motives.
Financial Impact
Total insider sales of ~$834K (0.05% of market cap); trivial relative to company size.
Risk Factors
- If a future material negative catalyst emerges (e.g., earnings miss, guidance cut), these insider sells may be viewed as opportunistic in hindsight.
- No insider buying offset — the complete absence of purchases could suggest muted internal conviction.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FIVN-1780954403527 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $35.10 | awaiting T+20 | — | $37.74 (+7.52%) |
Oct 16, 2026 10d ago | SC 13G/A | $32.23 | awaiting T+20 | — | $37.74 (+17.10%) |
Sep 9, 2026 6w ago | Insider Cluster | $30.25 $35.15 | ▲ +16.20% | ▲ +13.82% | $37.74 (+24.76%) |
Sep 9, 2026 6w ago | Insider Cluster | $30.25 $35.15 | ▲ +16.20% | ▲ +14.07% | $37.74 (+24.76%) |
Sep 8, 2026 6w ago | Insider Cluster | $30.37 $33.78 | ▼ −11.23% | ▼ −9.28% | $37.74 (−24.27%) |
Aug 21, 2026 9w ago | Institutional Cluster | $32.75 $37.01 | ▲ +13.01% | ▲ +13.53% | $37.74 (+15.24%) |
Jun 22, 2026 18w ago | 8-K | $19.06 $25.70 | ▲ +34.84% | ▲ +33.68% | $37.74 (+98.01%) |
Jun 8, 2026 20w ago | Insider Cluster | $21.68 $24.99 | ▲ +15.24% | ▲ +13.80% | $37.74 (+74.08%) |
Jun 8, 2026 20w ago | Insider Cluster | $21.68 $24.99 | ▲ +15.24% | ▲ +13.80% | $37.74 (+74.08%) |
Jun 8, 2026 20w ago | Insider Cluster | $21.68 $24.99 | ▲ +15.24% | ▲ +13.80% | $37.74 (+74.08%) |
US Market Status
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