secwatch.observer — SEC 8-K summary
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Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001288847-25-000025
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 CFO Barry Zwarenstein to retire March 31; Bryan Lee named interim CFO
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- Barry Zwarenstein retires as CFO effective March 31, 2025, after 13+ years; will assist transition through June 30.
- Bryan Lee, EVP of Finance since Dec 2024, appointed interim CFO as of April 1, 2025; formal search underway.
- Lee to receive $456K base salary, 60% target bonus, and $2M RSU award (25% vest Dec 2025, 18.75% quarterly thereafter).
- Zwarenstein will serve as consultant from July 1 to Sept 30, 2025, receiving hourly pay and pro-rated 2025 bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884725000025/0001288847-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884725000025/fivn-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001288847-25-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer