Highest-materiality recent filing
Five9 stockholders approve board declassification and eliminate supermajority voting requirements
Stockholders approved amended charter to declassify Board and remove supermajority voting requirements on May 20, 2026.
Approved declassification of board: 55.3M for, 96K against, 126K abstained, 7.3M broker non-votes.
Five9 enters $90M accelerated share repurchase with JPMorgan, expects ~3.1M initial shares
$90M ASR payment on May 5, 2026; initial delivery ~3.1M shares of common stock.
Five9 Q1 revenue $305.3M (+9% YoY); non-GAAP EPS $0.76; $200M buyback authorized
Revenue $305.3M (+9% YoY); subscription revenue grew 13% YoY.
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.
Five9 Q4 revenue $300.3M (+8% YoY); full-year revenue $1.149B, GAAP net income positive
Q4 GAAP EPS $0.23 vs $0.13; non-GAAP EPS $0.80 vs $0.79; adjusted EBITDA margin 25.7%.
Five9 appoints Amit Mathradas CEO effective Feb 2, 2026; Burkland to Chairman then consultant
Amit Mathradas appointed CEO effective Feb 2, 2026; Michael Burkland remains CEO until that date.
Five9 appoints Amit Mathradas as CEO effective Feb 2, 2026; Michael Burkland steps down
Amit Mathradas to become CEO and Class III director on Feb 2, 2026; Michael Burkland ceases as CEO on that date.
Five9 enters $50M accelerated share repurchase agreement with JPMorgan Chase
Company will pay $50M on Nov 12 and receive initial delivery of ~1.9M shares.
Five9 Q3 record revenue $285.8M, GAAP net income $18M; authorizes $150M buyback
Revenue rose 8% YoY to a record $285.8M; GAAP net income was $18.0M ($0.21 diluted EPS) vs a net loss of $4.5M a year ago.
Five9 announces resignation of director David Welsh; appoints Sudhakar Ramakrishna
David Welsh resigned as Class II director, Lead Independent Director, and chair of Nominating & Governance Committee effective Sept 26, 2025; no disagreement with company.
Five9 updates investor presentation for Q2 2025 results; no specific figures in filing
Presentation relates to fiscal quarter ended June 30, 2025; available on IR website.
Five9 Reports Record Q2 Revenue of $283.3M and Appoints Bryan Lee as CFO
Revenue increased 12% year-over-year to a record $283.3 million for Q2 2025.
CEO Michael Burkland to retire; Bryan Lee appointed permanent CFO; board proposes declassification
CEO Michael Burkland to retire; will remain CEO until successor found, then Executive Chairman for 6 months, then director until 2026 annual meeting.
Five9 stockholders elect three directors, approve say-on-pay, ratify KPMG
Elected Class II directors Susan Barsamian, Jonathan Mariner, David Welsh to terms ending 2028.
Five9 Q1 revenue record $279.7M (+13% YoY); non-GAAP EPS $0.62 beats prior $0.48
Revenue $279.7M (record, +13% YoY); subscription revenue grew 14% YoY.
Five9 announces 4% workforce reduction and preliminary Q1 results in-line with guidance
Approximately 4% of global workforce reduced; cash expenses estimated at $7-9M for severance and benefits.
Five9: Director Acosta to leave board; Mariner moves to Class II; board size reduced to nine
Jack Acosta not nominated for re-election at May 21, 2025 annual meeting.
Five9 promotes COO Andy Dignan to President, effective March 10, 2025
Andy Dignan, previously COO since Nov 2023, appointed President effective March 10, 2025.
Five9 Q4 2024: Revenue $278.7M (+17% YoY), GAAP net income $11.6M, record annual revenue $1.04B
Q4 total revenue $278.7M (+17% YoY); subscription revenue up 19%; full-year revenue $1.04B (+14%), a record.
Five9 CFO Barry Zwarenstein to retire March 31; Bryan Lee named interim CFO
Barry Zwarenstein retires as CFO effective March 31, 2025, after 13+ years; will assist transition through June 30.
Five9 extends key employee severance plan through April 2027; terms unchanged
Compensation Committee approved two-year extension of 2019 Key Employee Severance Benefit Plan on Feb 11, 2025.
Five9 EVP Daniel Burkland transitions to consultant; $500/hr, 6-month term
Daniel Burkland resigned as EVP Go-to-Market Strategy and entered a 6-month consulting agreement effective March 8, 2025.
Five9 appoints Sagar Gupta to board under cooperation agreement with Anson Funds
Sagar Gupta appointed as Class III director with term expiring at 2026 annual meeting.
Five9 Q3 revenue $264M (+15% YoY); non-GAAP EPS $0.67 beats; raises 2024 guidance
Revenue $264.2M (+15% YoY); subscription revenue grew 20% YoY.
Five9 President and CRO Burkland transitions to EVP, exits executive officer role
Daniel Burkland and Five9 mutually agreed to transition from President and CRO effective Nov 7, 2024.
Five9 cuts ~7% of workforce; expects $12-15M in severance costs
Reduction affects approximately 7% of global full-time employees.
Five9 Q2 revenue $252.1M (+13% YoY), cuts FY guidance 3.8%, announces Acqueon acquisition
Revenue $252.1M (+13% YoY); GAAP net loss $(12.8)M ($(0.17)/sh); non-GAAP net income $38.9M ($0.52/sh).
Five9 appoints Maria Walker to Board of Directors effective May 21, 2024
Walker appointed as Class I Director; term expires at 2027 annual meeting.
Five9 annual meeting: directors elected, say-on-pay approved, auditor ratified
Michael Burdiek and Julie Iskow elected as Class I directors until 2027; Burdiek 36.65M for, Iskow 44.92M for.
Five9 Q1 revenue up 13% to $247M; non-GAAP EPS $0.48; raises full-year guidance
Revenue $247.0M (+13% YoY); subscription revenue +20% YoY to a record.
The board of directors (the “Board”) of the Company has determined that Mr. Jack Acosta, who is currently a Class II director, will not be nominated to stand for re-election as a Class II director at the Annual Meeting.
The Board accepted Mr. Mariner’s resignation, reduced Class III to three members, increased Class II to four members and immediately reappointed Mr. Mariner as a Class II director with a term set to expire at the Annual Meeting.
On March 10, 2025, Five9, Inc. (the “Company”) promoted Andy Dignan, the Company’s current Chief Operating Officer, to serve as the Company’s President, effective immediately.
Barry Zwarenstein has decided to retire from his position as the Chief Financial Officer (“CFO”) of Five9, Inc. (the “Company”), effective as of March 31, 2025.
the Company announced that the Board appointed Bryan Lee, 46, the Company’s current Executive Vice President of Finance, as the Company’s Interim Chief Financial Officer and Interim Principal Financial Officer, effective as of April 1, 2025
Pursuant to the Consulting Agreement, Mr. D. Burkland will transition from the role of Executive Vice President, Go-to-Market Strategy to a consultant to the Company, where he will provide transition and advisory services in the areas of sales, marketing, partnerships and customer relationships.
On November 5, 2024, Daniel Burkland and Five9, Inc. (the “Company”) mutually agreed that effective November 7, 2024, Mr. D. Burkland would transition from the role of President and Chief Revenue Officer of the Company to the role of Executive Vice President, Go-to-Market Strategy
On May 21, 2024, the Board of Directors (the “Board”) of Five9, Inc. (the “Company”) appointed Ms. Maria Walker to serve on the Board.
Max materiality 0.90 · Median 0.60 · Most common event leadership