Five9 President Andy Dignan Sells Shares Under Pre-Planned Transaction
Andy Dignan, the president of Five9 (NASDAQ:FIVN), sold 17,767 shares for $622,400 on August 28, 2026. The transaction was conducted under a Rule 10b5-1 plan established nearly one year earlier in September 2025, indicating it was part of a long-term financial strategy rather than an impulsive decision. Following the sale, Dignan still holds over 257,920 shares directly valued at $8.8 million as of August 28 market close. The company's stock closed at $34.05 on that day and rose to $34.56 by August 31, reflecting a strong performance with a total return of 28% over the past year. Five9 is performing well financially, reporting TTM revenue of $1.2 billion and net income of $59.5 million on a market cap of $2.2 billion. Insider ownership remains low at just 0.3%, with Dignan's sale considered routine under his pre-established plan.
Tickers: $FIVN
Topics: Andy Dignan Five9 Rule 10b5-1 plan stock sale