{"schema_version":"secwatch.filing_event.v1","accession":"0001288847-24-000045","form_type":"8-K","ticker":"FIVN","cik":"0001288847","company_name":"Five9, Inc.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.729886+00:00","generated_at":"2026-06-04T04:23:34.039275+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Five9 extends key employee severance plan by one year; no benefit changes","bullets":["Compensation Committee approved one-year extension of KESP through April 4, 2025.","Benefits for participating executives unchanged; includes cash severance, COBRA premiums, and double-trigger equity vesting.","Named executive officers covered: CEO Michael Burkland (Tier 1), CFO Barry Zwarenstein (Tier 2), President/COO/EVP (Tier 3).","KESP was set to expire April 4, 2024; extension maintains same levels and multipliers as prior plan.","Severance multipliers unchanged: Tier 1: 12/18 mo., Tier 2: 9/15, Tier 3: 6/12, Tier 4: 4/6."],"urls":{"canonical":"https://secwatch.observer/filing/0001288847-24-000045","json":"https://secwatch.observer/filing/0001288847-24-000045.json","markdown":"https://secwatch.observer/filing/0001288847-24-000045.md","text":"https://secwatch.observer/filing/0001288847-24-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288847/000128884724000045/0001288847-24-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288847/000128884724000045/fivn-20240329.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:23:34.039275+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}