Street Calls of the Week
Tiffany N. Meriweather, Chief Administrative & Legal Officer at Five9, Inc. (NASDAQ:FIVN), sold 7,861 shares of common stock on September 4, 2025, at a price of $25.72, for a total value of $202,184.
Following the transaction, Meriweather directly owns 218,978 shares of Five9, Inc. The sale was mandated by Five9, Inc. to cover tax withholding obligations related to the vesting and settlement of restricted stock units. InvestingPro subscribers can access 12 additional key insights about Five9, including detailed valuation metrics and growth forecasts in the comprehensive Pro Research Report.
In other recent news, Five9 Inc . reported its second-quarter earnings for 2025, revealing that the company missed earnings per share (EPS) expectations, though it exceeded revenue forecasts. This mixed financial performance led to investor concerns. Additionally, Five9 announced that CEO Mike Burkland will retire from his role but will remain with the company as Executive Chairman of the Board of Directors. A committee of independent board directors has begun the search for a new CEO with the help of a national executive search firm. The company aims to appoint a successor by the end of 2025. These developments come amidst the backdrop of Five9’s financial results, which have drawn attention from investors. The company’s leadership transition plan is underway, highlighting a period of change for Five9.
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