{"schema_version":"secwatch.filing_event.v1","accession":"0001288847-25-000004","form_type":"8-K","ticker":"FIVN","cik":"0001288847","company_name":"Five9, Inc.","filed_at":"2025-02-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.222883+00:00","generated_at":"2026-05-26T23:16:01.223148+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Five9 EVP Daniel Burkland transitions to consultant; $500/hr, 6-month term","bullets":["Daniel Burkland resigned as EVP Go-to-Market Strategy and entered a 6-month consulting agreement effective March 8, 2025.","Consulting rate of $500 per hour for transition/advisory services in sales, marketing, partnerships, and customer relationships.","Company will cover COBRA premiums for Burkland and dependents until earlier of consulting end, COBRA expiry, or new group coverage.","Burkland's unvested equity awards continue to vest during the consulting term.","Agreement includes non-compete clause, confidentiality, and invention assignment; termination possible for cause with 30-day notice."],"urls":{"canonical":"https://secwatch.observer/filing/0001288847-25-000004","json":"https://secwatch.observer/filing/0001288847-25-000004.json","markdown":"https://secwatch.observer/filing/0001288847-25-000004.md","text":"https://secwatch.observer/filing/0001288847-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288847/000128884725000004/0001288847-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288847/000128884725000004/fivn-20250205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:16:01.223148+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":[{"claim_id":"89caf8d2f6","claim":"Daniel Burkland changed role as Executive Vice President, Go-to-Market Strategy at Five9, Inc..","evidence_excerpt":"Pursuant to the Consulting Agreement, Mr. D. Burkland will transition from the role of Executive Vice President, Go-to-Market Strategy to a consultant to the Company, where he will provide transition and advisory services in the areas of sales, marketing, partnerships and customer relationships.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288847/000128884725000004/0001288847-25-000004-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"Executive Vice President, Go-to-Market Strategy"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}