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

FIVN

Five9, Inc.
BEARISH
Impact 5/10
Horizondays Processed7mo ago
Insider cluster: 4 insiders, $0.4M total
Actionable Insight ▼ Bearish

Monitor for upcoming earnings or guidance changes; coordinated C-suite selling at low prices may indicate lack of confidence in near-term upside. Consider downside risk if no positive catalyst emerges soon.

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

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Executive Summary

Five9 CFO and other C-suite executives conducted open-market share sales totaling approximately $439,000 over a two-day window, with all transactions occurring at prices between $17.70 and $17.92 per share. The sales were made by four senior executives, including the CFO, Chief Revenue Officer, and Chief Legal Officer, indicating coordinated insider selling at a time of stagnant stock performance.

Key Financial Metrics

Direction
selling
Total Value
$438.8K
Insiders
4

Key Facts

  • CFO Lee Bryan M sold 11,611 shares for $205,901 in two separate transactions on March 4 and 5, 2026.
  • Chief Revenue Officer Matthew Tuckness sold 5,164 shares for $92,281.
  • Chief Legal Officer Tiffany Meriweather sold 5,942 shares for $106,184.
  • SVP Leena Mansharamani sold 1,926 shares for $34,418.
  • Total open-market insider sales: 24,689 shares for $438,785 over two days.
  • All sales were open-market transactions (code 'S'), not related to grants, taxes, or derivatives.

Financial Impact

$438,785 in net insider selling by C-suite executives over 2 days

insider ownershipinvestor sentimentpotential dilution signal

Risk Factors

  • Perception of insider pessimism given multiple senior executives selling simultaneously.
  • Limited upside sentiment — no offsetting insider buying or positive financial news in filing window.

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 (5 trades, 7d window)cluster-FIVN-1772831313849
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
5d ago
Institutional Cluster
NEUTRAL ★ 3/10
$35.10awaiting T+20—$37.74 (+7.52%)
Oct 16, 2026
10d ago
SC 13G/A
NEUTRAL ★ 3/10
$32.23awaiting T+20—$37.74 (+17.10%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$30.25 $35.15▲ +16.20%▲ +13.82%$37.74 (+24.76%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$30.25 $35.15▲ +16.20%▲ +14.07%$37.74 (+24.76%)
Sep 8, 2026
6w ago
Insider Cluster
BEARISH ★ 4/10
$30.37 $33.78▼ −11.23%▼ −9.28%$37.74 (−24.27%)
Aug 21, 2026
9w ago
Institutional Cluster
MIXED ★ 5/10
$32.75 $37.01▲ +13.01%▲ +13.53%$37.74 (+15.24%)
Jun 22, 2026
18w ago
8-K
NEUTRAL ★ 2/10
$19.06 $25.70▲ +34.84%▲ +33.68%$37.74 (+98.01%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$21.68 $24.99▲ +15.24%▲ +13.80%$37.74 (+74.08%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.68 $24.99▲ +15.24%▲ +13.80%$37.74 (+74.08%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.68 $24.99▲ +15.24%▲ +13.80%$37.74 (+74.08%)
Showing 10 of 13

US Market Status

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Report published Mar 6, 2026