---
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"
generated_at: "2026-05-26T23:16:01.223148+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Five9 EVP Daniel Burkland transitions to consultant; $500/hr, 6-month term

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001288847-25-000004
- JSON: https://secwatch.observer/filing/0001288847-25-000004.json
- Plain text: https://secwatch.observer/filing/0001288847-25-000004.txt

## Key facts
- Executive change
  Daniel Burkland changed role as Executive Vice President, Go-to-Market Strategy at Five9, Inc..
  - Action: transitioned
  - Role: Executive Vice President, Go-to-Market Strategy
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1288847/000128884725000004/0001288847-25-000004-index.htm

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