Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJack Delaney, The Motley FoolSat, September 12, 2026 at 5:20 AM GMT+2 4 min readAndy Dignan, President, sold 17,767 shares of Five9 (NASDAQ:FIVN) common stock on Aug. 28, 2026, as disclosed in a recent SEC Form 4 filing.Transaction summaryMetricValueShares sold (directly held)17,767Transaction value$622,400Post-transaction shares (directly held)257,920Post-transaction value$8.8 millionTransaction value based on SEC Form 4 weighted average sale price ($35.03); post-transaction value based on Aug. 28, 2026, market close ($34.05).Key questionsWhat does the timing of the Rule 10b5-1 plan adoption suggest?The plan was established on Sept. 2, 2025, providing a lead time of nearly one year before this transaction and indicating the sale was part of a long-term financial strategy.What is the insider's remaining direct equity interest in the company?Dignan continues to hold 257,920 shares directly, which represents a total post-transaction value of $8.8 million as of the Aug. 28, 2026, market close.Where was the stock priced at the time of the disclosure?As of the Aug. 31, 2026, market close, shares of the cloud software provider were priced at $34.56, following a 28% total return over the 12 months ending on the Aug. 28, 2026, transaction date.What is the current insider ownership level at the company?Total insider ownership at the company stands at 0.3%, with the president's disposal representing a routine liquidation of equity under a pre-established plan.Company OverviewMetricValueShare Price (as of market close 2026-08-31)$34.56Market Capitalization$2.2 billionRevenue (TTM)$1.2 billionNet Income (TTM)$59.5 millionCompany SnapshotFive9 provides cloud-based contact center software solutions that integrate comprehensive applications for customer service, sales, and marketing operations, generating revenue primarily through subscription-based licensing of its virtual contact center platform.The company operates a SaaS business model, delivering its cloud platform to enterprise and mid-market customers on a subscription basis, enabling clients to manage customer engagements across multiple communication channels without on-premise infrastructure.Five9 serves enterprise and mid-market organizations across various industries that require scalable contact center capabilities, including companies in financial services, healthcare, retail, and technology sectors seeking to optimize customer interaction management.Five9 is a leading global provider of cloud-based contact center software with $1.2 billion in TTM revenue and a market capitalization of $2.2 billion. The company operates a highly scalable SaaS platform that enables organizations to manage customer interactions across multiple channels while reducing capital expenditures associated with traditional on-premise solutions. Five9's competitive positioning is reinforced by its comprehensive feature set, multi-channel integration capabilities, and established customer base of 2,910 employees supporting operations across the United States and international markets.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info