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

Five9 to appoint Amit Mathradas CEO on Feb. 2; Burkland moves to consultant role

Neutral Impact 4 of 5 leadership Written later

Five9 said Amit Mathradas will become chief executive effective February 2, 2026. Current CEO Michael Burkland stays in the role until then, after which he will remain chairman and a director through the 2026 annual meeting, then provide consulting services for one year.

Key points

  • Amit Mathradas becomes CEO effective February 2, 2026.
  • Burkland keeps his $585,000 annual base salary, prorated for the time he remains CEO, and stays eligible for 2025 and 2026 bonus programs.
  • Burkland will not stand for re-election at the 2026 Annual Meeting; the board intends to appoint an independent chairman by that date.
  • Burkland will receive no new equity awards during his transition roles; existing RSUs and PRSUs continue to vest under their terms.

The filing

CompanyFive9 (FIVN)
Form8-K, current report
Filed with the SECJan 21, 2026, 8:32 AM ET
Accession number0001288847-26-000006

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 January 21, 2026.

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.