AI brief of an SEC Form 8-K · Five9 (FIVN)

Five9 promotes COO Andy Dignan to President, effective immediately

Neutral Impact 3 of 5 leadership Written later

On March 10, 2025, Five9 promoted Chief Operating Officer Andy Dignan to President, effective immediately. The filing sets his annual base salary at $465,000 and a target bonus of $395,250, and adds restricted and performance-based stock unit awards tied to total shareholder return. Because Dignan is an existing executive, the change is an internal promotion that shareholders should see as a leadership update rather than a change in the company's direction.

Key points

  • Andy Dignan, 47, promoted from Chief Operating Officer to President, effective immediately
  • Annual base salary of $465,000 and target annual bonus of $395,250 under the 2025 Executive Bonus Program
  • Performance-based RSU award ranges from 0% to 200% of target, based on relative total shareholder return against the S&P Software and Services Select Index
  • Dignan joined Five9 in September 2018 and has served as COO since November 2023

The filing

CompanyFive9 (FIVN)
Form8-K, current report
Filed with the SECMar 10, 2025, 8:14 PM ET
Accession number0001288847-25-000054

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 10, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.