FFIV Form 4: CEO receives 19,163 RSUs; perf award up to 33,487
Rhea-AI Filing Summary
F5 (FFIV) Form 4: The President, CEO & Director reported an equity grant dated 11/03/2025. The award includes 19,163 service‑based Restricted Stock Units at a price of $0, with 19,163 derivative securities beneficially owned following the transaction, held directly.
The service‑based RSUs vest in twelve equal quarterly increments beginning February 1, 2026. Separately, a performance‑based opportunity was granted: if performance targets are achieved at 100%, 33,487 Performance RSUs could be earned over the vesting period; actual shares depend on target achievement and continued service.
Positive
- None.
Negative
- None.
Insights
Routine CEO RSU grant with additional performance-based opportunity.
F5 reported a non-cash equity grant to its CEO consisting of 19,163 service-based RSUs at $0. These vest in twelve equal quarterly tranches starting February 1, 2026, aligning retention with long-term value creation mechanics typical for senior executives.
An additional performance component could deliver up to 33,487 RSUs at 100% target, with final payout contingent on Committee-certified results and continued service. Because issuance depends on future performance determinations, actual impact will vary based on those outcomes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 19,163 | $0.00 | -- |
Footnotes (1)
- Concurrent with the award of 19,163 service-based Restricted Stock Units, the Company granted the reporting person additional Restricted Stock Units the number of which that can be earned will be based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person can receive 33,487 Performance RSUs over the vesting period; the actual number of Performance RSUs received may be more or less depending on whether and to the extent that performance is greater than or less than targets and may be less if the reporting person does not remain employed during the vesting period. Performance RSUs are not reported in Table II; the underlying shares of Performance RSUs will be reported in Table I if and when the Talent and Compensation Committee of the Board of Directors determines that the performance targets have been achieved. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. This November 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026. 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.
