---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-273432"
form_type: "8-K"
ticker: "FIVN"
cik: "0001288847"
company_name: "Five9, Inc."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:33:13.822266+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five9 appoints Sagar Gupta to board under cooperation agreement with Anson Funds

## Summary
- Sagar Gupta appointed as Class III director with term expiring at 2026 annual meeting.
- Cooperation agreement requires Anson to vote with board and imposes standstill until 20 days before 2026 nomination deadline.
- Gupta receives initial RSU awards totaling $483,333 based on $42.48 reference price, vesting over one to three years.
- Gupta must resign if Anson's aggregate ownership falls below 700,000 shares.
- Five9 board expands to 10 directors, nine of whom are independent.

## SEC filing metadata
- accession: 0001193125-24-273432
- form_type: 8-K
- ticker: FIVN
- cik: 0001288847
- company_name: Five9, Inc.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288847/000119312524273432/0001193125-24-273432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288847/000119312524273432/d853805d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-273432
- JSON: https://secwatch.observer/filing/0001193125-24-273432.json
- Plain text: https://secwatch.observer/filing/0001193125-24-273432.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.