---
schema_version: "secwatch.filing_event.v1"
accession: "0001288847-25-000242"
form_type: "8-K"
ticker: "FIVN"
cik: "0001288847"
company_name: "Five9, Inc."
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:53:31.427984+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five9 appoints Amit Mathradas as CEO effective Feb 2, 2026; Michael Burkland steps down

## Summary
- Amit Mathradas to become CEO and Class III director on Feb 2, 2026; Michael Burkland ceases as CEO on that date.
- Mathradas previously CEO of Nintex USA (workflow automation) since March 2023.
- Base salary of $600,000, target annual bonus of 100% of salary, $550,000 sign-on bonus.
- Equity awards: $12.5M RSU (time-vesting) and $14.0M target PRSU (performance-based, relative TSR vs S&P Software index).
- Mathradas also receives corporate housing, auto, and travel reimbursement during an 18-month transition period.

## SEC filing metadata
- accession: 0001288847-25-000242
- form_type: 8-K
- ticker: FIVN
- cik: 0001288847
- company_name: Five9, Inc.
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288847/000128884725000242/0001288847-25-000242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288847/000128884725000242/fivn-20251215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001288847-25-000242
- JSON: https://secwatch.observer/filing/0001288847-25-000242.json
- Plain text: https://secwatch.observer/filing/0001288847-25-000242.txt

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