secwatch.observer — SEC 8-K summary
======================================

Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001288847-26-000025
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 amends cooperation pact with Anson; nominates Sagar Gupta for 2026 board election
--------------------------------------------------------------------------------

- Amendment dated Feb 17, 2026 extends standstill to 20 days before 2027 nomination deadline or 120 days before 2026 annual meeting anniversary.
- Company agrees to nominate existing director Sagar Gupta for election at the 2026 Annual Meeting.
- Anson permitted to acquire cash-settled total return swaps up to 9.9% economic exposure; prohibited from short-party TSRs.
- Five9 reimburses Anson up to $50,000 for documented out-of-pocket expenses related to the amendment.
- Original cooperation agreement (Dec 8, 2024) remains in effect as amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884726000025/0001288847-26-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884726000025/fivn-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001288847-26-000025

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