Five9 President's Share Sale Not a Red Flag, Part of Preplanned Trading Plan

Andy Dignan, President of Five9, sold 8,293 shares of common stock on March 4-5, 2026, for ~$147,000, leaving him with 286,963 directly held shares valued at $5.23 million. The sale was part of a prearranged 10b5-1 trading plan, indicating a systematic approach rather than discretionary selling. Five9's stock has declined 49% in the past year, and Dignan's direct holdings now account for 0.37% of total shares outstanding.