F5 awards 3,002 RSUs to general counsel
F5’s EVP and General Counsel received 3,002 service-based RSUs that vest quarterly over three years, contingent on continued service.
Rhea-AI Filing Summary
F5, INC. (symbol: FFIV) is the issuer of record for a Form 4 filing submitted to the SEC. OKEKE ANGELIQUE M reported acquisition or exercise transactions in this Form 4 filing.
F5, Inc. (FFIV) reported that its EVP and General Counsel, Angelique M. Okeke, received a grant of 3,002 Restricted Stock Units on September 1, 2026. Each unit represents a contingent right to receive one share of common stock, vesting in twelve equal quarterly installments over three years, from November 1, 2026 through August 1, 2029, subject to continued service. Following this award, she holds 3,002 RSUs directly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,002 shares
Grant/Award
1 txn
Insider
OKEKE ANGELIQUE M
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2, F3 | 3,002 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 3,002 contracts (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
- F2. This September 1, 2026 award of service-based Restricted Stock Units shall vest in twelve equal quarterly increments over three years, with the first vest on November 1, 2026 and the final vest on August 1, 2029.
- F3. If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
Key Figures
RSUs granted: 3,002 units
RSUs held after transaction: 3,002 units
Vesting period: 3 years
+3 more
6 metrics
RSUs granted
3,002 units
Service-based Restricted Stock Unit award on September 1, 2026
RSUs held after transaction
3,002 units
Directly held by EVP and General Counsel following the award
Vesting period
3 years
Twelve equal quarterly vesting increments from November 1, 2026 to August 1, 2029
First vesting date
November 1, 2026
Initial quarterly vest for the 3,002 RSUs
Final vesting date
August 1, 2029
Final quarterly vest for the 3,002 RSUs
Grant price per RSU
$0.00
Restricted Stock Unit grant, non-cash equity award
Key Terms
Restricted Stock Unit, service-based Restricted Stock Units, vest, contingent right
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
service-based Restricted Stock Units financial
"award of service-based Restricted Stock Units shall vest in twelve equal quarterly"
Service-based restricted stock units are promises by a company to give employees shares of stock only after they remain employed for a specified period; the stock is delivered gradually or all at once once the service condition is met. Investors care because these awards affect future share supply and company costs, align employee interests with long-term performance, and can influence dilution and earnings reports when the promised shares are recorded or issued.
vest financial
"shall vest in twelve equal quarterly increments over three years"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"represents a contingent right to receive one share of F5, Inc. Common Stock"
FAQ
What equity award did F5, Inc. (FFIV) grant to its EVP and General Counsel?
F5, Inc. granted Angelique M. Okeke 3,002 Restricted Stock Units on September 1, 2026. Each RSU is a contingent right to receive one share of F5 common stock, subject to the vesting schedule and continued service conditions described in the award.
How do the 3,002 RSUs granted by FFIV vest for the EVP and General Counsel?
The 3,002 RSUs vest in twelve equal quarterly installments over three years. The first vesting date is November 1, 2026, and the final vesting date is August 1, 2029, provided the executive continues to provide services through each vest date.
What does each FFIV Restricted Stock Unit represent in this Form 4 filing?
Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. common stock on the applicable vest date, assuming the reporting person continues to provide services to the company through that vesting date.
What are the holdings of the FFIV EVP and General Counsel after this RSU grant?
After the September 1, 2026 award, the EVP and General Counsel directly holds 3,002 Restricted Stock Units, each tied to an equivalent number of potential shares of F5, Inc. common stock upon vesting and settlement.
Was the FFIV RSU grant made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so this 3,002 RSU award to the EVP and General Counsel is not reported as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
