newsfilter
← Latest News
Business Wire·

Five9 Announces Inducement Award Under Nasdaq Listing Rule 5635(c)(4)

  • Five9 granted 93,116 restricted stock unit awards on October 12, 2026, to five non-executive officer employees.
  • The awards serve as material inducement for employment effective September 28, 2026, under the Five9 2026 Inducement Equity Incentive Plan.
  • Vesting terms include 1/3 of shares vesting on September 3, 2027, with the remaining shares vesting quarterly until full vesting on September 3, 2029.
  • Continuous employee service is required through each applicable vesting date.
  • The grant relied on Nasdaq Listing Rule 5635(c)(4) employment inducement exemption, necessitating this public announcement.