secwatch.observer — SEC 8-K summary
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Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001288847-26-000006
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 appoints Amit Mathradas CEO effective Feb 2, 2026; Burkland to Chairman then consultant
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- Amit Mathradas appointed CEO effective Feb 2, 2026; Michael Burkland remains CEO until that date.
- Burkland will serve as Chairman of the Board until 2026 annual meeting, then one-year consulting role.
- Burkland retains base salary of $585k, bonus eligibility, and continued vesting of RSUs/PRSUs.
- No new equity awards for Burkland; change-in-control triggers accelerated vesting of outstanding equity.
- Burkland will not be nominated for re-election at 2026 annual meeting; board to appoint independent Chairman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884726000006/0001288847-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884726000006/fivn-20260120.htm
  HTML page:      https://secwatch.observer/filing/0001288847-26-000006

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