Five9 grants inducement equity awards totaling 685,519 shares to four new executives
FIVN•Inducement awards granted to new executives
Five9 granted inducement equity awards on July 13, 2026 to four new executives who started June 29, 2026.
- Chief Technology Officer Niranjan Vijayaragavan received PRSUs for 103,867 shares at target, and RSUs for 207,734 shares.
- Chief Sales Officer Rob Hornish received PRSUs for 60,722 shares at target, and RSUs for 121,444 shares.
- RSUs vest 1/3 on June 3, 2027, then quarterly, reaching full vesting on June 3, 2029.
- PRSUs vest 60% over 2026-2027 and 40% over 2026-2028, tied to relative TSR and subscription revenue growth.
