The insider selling is trivial relative to market cap and likely driven by routine portfolio diversification or tax planning. No material read-through for the stock. Monitor for any upcoming corporate events that could explain the pattern, but the scale suggests no immediate concern.
Price Chart
Executive Summary
Multiple senior executives at Five9, including the President, CFO, Chief Admin. & Legal Officer, and SVP Chief Accounting Officer, sold shares in open-market transactions over a 7-day window totaling approximately $1.86M. This represents less than 0.1% of the company's $2.3B market cap, making the selling routine in scale and consistent with ongoing insider selling activity.
Key Financial Metrics
Key Facts
- Four insiders sold shares: President Andy Dignan, CFO Bryan Lee, Chief Admin. & Legal Officer Tiffany Meriweather, and SVP Chief Accounting Officer Leena Mansharamani.
- Total open-market sales of ~$1.86M over September 4 and September 8, 2026.
- Sales represent ~0.08% of Five9's $2.3B market cap.
- No insider purchases were reported in the cluster.
Financial Impact
$1.86M in insider sales, equivalent to 0.08% of market cap
Risk Factors
- Continued insider selling at similar or larger scale could signal reduced confidence, though current levels are immaterial.
- No insider buying to offset the selling pattern.
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-1789027425542 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | Institutional Cluster | $35.10 | awaiting T+20 | — | $37.13 (+5.78%) |
Oct 16, 2026 11d ago | SC 13G/A | $32.23 | awaiting T+20 | — | $37.13 (+15.20%) |
Sep 9, 2026 6w ago | Insider Cluster | $30.25 $35.15 | ▲ +16.20% | ▲ +13.82% | $37.13 (+22.74%) |
Sep 9, 2026 7w ago | Insider Cluster | $30.25 $35.15 | ▲ +16.20% | ▲ +14.07% | $37.13 (+22.74%) |
Sep 8, 2026 7w ago | Insider Cluster | $30.37 $33.78 | ▼ −11.23% | ▼ −9.28% | $37.13 (−22.26%) |
Aug 21, 2026 9w ago | Institutional Cluster | $32.75 $37.01 | ▲ +13.01% | ▲ +13.53% | $37.13 (+13.37%) |
Jun 22, 2026 18w ago | 8-K | $19.06 $25.70 | ▲ +34.84% | ▲ +33.68% | $37.13 (+94.81%) |
Jun 8, 2026 20w ago | Insider Cluster | $21.68 $24.99 | ▲ +15.24% | ▲ +13.80% | $37.13 (+71.26%) |
Jun 8, 2026 20w ago | Insider Cluster | $21.68 $24.99 | ▲ +15.24% | ▲ +13.80% | $37.13 (+71.26%) |
Jun 8, 2026 20w ago | Insider Cluster | $21.68 $24.99 | ▲ +15.24% | ▲ +13.80% | $37.13 (+71.26%) |
US Market Status
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