SecBot SecBot
Insider Cluster (2 insiders) ·Filed Mar 4, 2026

FIVN

Five9, Inc.
BEARISH
Impact 5/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $281K total
Actionable Insight ▼ Bearish

Monitor for additional insider selling in the coming weeks; consider whether this cluster precedes negative guidance or softening fundamentals. While the dollar amount is modest, coordinated C-suite selling often precedes downward revisions or macro concerns.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
FIVN ▲ +27.61% at T+60d
SHORT call ✗ call lost -27.61% · α vs SPY -17.53% · entry $17.89 → $22.83
Entry = T+0 close
Mar 3, 2026
via day close
T+1d
+1.96%
call -1.96% · α -2.53%
$18.24
settled 8mo ago
T+5d
-6.20%
call +6.20% · α +4.87%
$16.78
settled 8mo ago
T+20d
-15.82%
call +15.82% · α +11.40%
$15.06
settled 7mo ago
T+60d
+27.61%
call -27.61% · α -17.53%
$22.83
settled 5mo ago

Price Chart

Loading chart...

Executive Summary

Two C-suite executives at Five9, Inc. conducted open-market share sales within a 2-day window, totaling approximately $312,000. The CFO sold over 11,600 shares in two transactions, while the Chief Admin & Legal Officer sold nearly 6,000 shares. All trades were direct market sales with no non-cash or derivative elements.

Key Financial Metrics

Direction
selling
Total Value
$312.1K
Insiders
2

Key Facts

  • CFO Bryan M. Lee sold 11,611 shares for $205,901 in two open-market transactions on March 4 and 5, 2026.
  • Chief Admin & Legal Officer Tiffany N. Meriweather sold 5,942 shares for $106,184 on March 4, 2026.
  • Total insider sales in the past 7 days: $312,085 across 3 transactions by 2 insiders.
  • All transactions were open-market sales (code S), indicating direct liquidity events.
  • Total value represents ~0.022% of FIVN's $1.4B market cap.

Financial Impact

$312,085 in net insider selling over 7 days

insider ownershipinvestor sentiment

Risk Factors

  • Insider selling may signal reduced confidence in near-term performance or valuation.
  • Potential for negative market perception despite relatively small transaction size relative to market cap.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-FIVN-1772831142487
13 reports for FIVN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FIVN — sortable, filterable
TypeNow
Oct 21, 2026
6d ago
Institutional Cluster
NEUTRAL ★ 3/10
$35.10awaiting T+20—$37.13 (+5.78%)
Oct 16, 2026
11d ago
SC 13G/A
NEUTRAL ★ 3/10
$32.23awaiting T+20—$37.13 (+15.20%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$30.25 $35.15▲ +16.20%▲ +13.82%$37.13 (+22.74%)
Sep 9, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$30.25 $35.15▲ +16.20%▲ +14.07%$37.13 (+22.74%)
Sep 8, 2026
7w ago
Insider Cluster
BEARISH ★ 4/10
$30.37 $33.78▼ −11.23%▼ −9.28%$37.13 (−22.26%)
Aug 21, 2026
9w ago
Institutional Cluster
MIXED ★ 5/10
$32.75 $37.01▲ +13.01%▲ +13.53%$37.13 (+13.37%)
Jun 22, 2026
18w ago
8-K
NEUTRAL ★ 2/10
$19.06 $25.70▲ +34.84%▲ +33.68%$37.13 (+94.81%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$21.68 $24.99▲ +15.24%▲ +13.80%$37.13 (+71.26%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.68 $24.99▲ +15.24%▲ +13.80%$37.13 (+71.26%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.68 $24.99▲ +15.24%▲ +13.80%$37.13 (+71.26%)
Showing 10 of 13

US Market Status

Market Closed — Opens in 6h 37m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers
Report published Mar 6, 2026