Five9 SVP, Leena Mansharamani, sells $76k in stock

Published 08/09/2025, 23:56
Five9 SVP, Leena Mansharamani, sells $76k in stock

Leena Mansharamani, SVP, Chief Accounting Officer at Five9, Inc. (NASDAQ:FIVN), sold 2,969 shares of common stock on September 4, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, totaling $76,761, were executed at weighted average prices ranging from $25.66 to $26.14. According to InvestingPro data, Five9 currently trades at $26.66, with a market capitalization of $2.06 billion. The company maintains a "GOOD" Financial Health score, supported by strong liquidity and moderate debt levels.

The filing reveals three separate sales transactions. Mansharamani sold 632 shares at $25.72. An additional 1,214 shares were sold within a price range of $25.29 to $25.99. The remaining 1,123 shares were sold in the range of $25.99 to $26.34. The stock has shown resilience, trading well above its 52-week low of $21.04, though significantly below its high of $49.90. For comprehensive insider trading analysis and 12+ additional key insights, check out the detailed InvestingPro Research Report.

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2024. Five9 has demonstrated solid fundamentals with 14.2% revenue growth in the last twelve months and maintains healthy profit margins of 55.3%.

In other recent news, Five9 Inc . reported its second-quarter earnings for 2025, revealing a mixed financial performance. The company missed earnings per share (EPS) expectations but exceeded revenue forecasts. This financial update comes amid other significant changes within the company. Five9 announced that its CEO, Mike Burkland, will retire from his role, although he will remain as Executive Chairman of the Board of Directors. A committee of independent board directors has begun the search for a new CEO, with the assistance of a national executive search firm, aiming to appoint a successor by the end of 2025. These developments highlight a period of transition for Five9 as it navigates both leadership changes and financial performance challenges.

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