{"schema_version":"secwatch.filing_event.v1","accession":"0001288847-25-000080","form_type":"8-K","ticker":"FIVN","cik":"0001288847","company_name":"Five9, Inc.","filed_at":"2025-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.845832+00:00","generated_at":"2026-05-23T22:18:22.491520+00:00","sec_items":["2.02","2.05","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Five9 announces 4% workforce reduction and preliminary Q1 results in-line with guidance","bullets":["Approximately 4% of global workforce reduced; cash expenses estimated at $7-9M for severance and benefits.","Non-cash share-based vesting charges of $1-1.5M expected; expenses primarily in Q2 and Q3 2025.","Preliminary Q1 2025 results expected to be in-line or better than prior guidance; full results in early May.","Restructuring to prioritize AI investments and drive profitable growth; actions substantially complete by end of Q2 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001288847-25-000080","json":"https://secwatch.observer/filing/0001288847-25-000080.json","markdown":"https://secwatch.observer/filing/0001288847-25-000080.md","text":"https://secwatch.observer/filing/0001288847-25-000080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288847/000128884725000080/0001288847-25-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288847/000128884725000080/fivn-20250331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T22:18:22.491520+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"}