4,252 F5 (NASDAQ: FFIV) shares shifted into a family trust
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
F5, Inc.'s Chief Technology Ops Officer reported an internal share transfer involving 4,252 shares of common stock on 09/30/2024. According to the filing, 4,252 shares were moved at a price of $0 from the officer's direct ownership to a family trust and are now reported as indirectly owned through that trust. The trust is for the benefit of the reporting person's children, and the officer serves as a co‑trustee. After the transaction, 1,309 shares remain directly owned, with 4,252 shares held indirectly via the family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,504 shares gifted
Mixed
2 txns
Insider
MONTOYA MICHAEL F
Role
Chief Technology Ops Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 4,252 | $0.00 | -- |
| Gift | Common Stock | 4,252 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,309 shares (Direct);
Common Stock — 4,252 shares (Indirect, By Family Trust)
Footnotes (1)
- These shares were transferred to a trust for the benefit of the reporting person's children. The reporting person is a co-trustee of the trust. These shares are held in a trust for the benefit of the reporting person's children. The reporting person is a co-trustee of the trust.
FAQ
What insider transaction did F5 (FFIV) report in this Form 4/A?
The Chief Technology Ops Officer reported transferring 4,252 shares of F5 common stock on 09/30/2024 from direct ownership to a family trust at a reported price of $0.
What does transaction code "G" mean in this F5 (FFIV) Form 4/A?
The transaction is coded "G", indicating a bona fide gift or similar transfer, here reflected as a no‑price transfer of shares into a family trust.
Is this F5 (FFIV) Form 4/A filed by multiple reporting persons?
No. The form indicates it is filed by one reporting person, who serves as F5, Inc.'s Chief Technology Ops Officer.
Why is this F5 (FFIV) Form 4 labeled as an amendment (4/A)?
The document identifies itself as an amendment to a prior filing with the same earliest transaction date of 09/30/2024, updating details of the previously reported transfer.