F5 grants Michael F. Montoya 3,928 stock units
Montoya is a co-trustee of a family trust for his children's benefit that held 4,252 F5 common shares.
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Form Type
4
Rhea-AI Filing Summary
F5, Inc. Chief Technology Ops Officer Michael F. Montoya was granted 3,928 service-based restricted stock units on November 2, 2026, vesting in 12 equal quarterly increments beginning February 1, 2027. On November 1, 2026, Montoya acquired 2,137 common shares upon vesting of a November 3, 2025 service-based award; 840 common shares were delivered or withheld for payment of exercise price or tax liability. A concurrent performance-based award could yield 3,928 Performance RSUs at 100% target achievement; actual awards may vary with performance and may be lower if Montoya does not remain employed during vesting.
Insider Trade Summary
2,137 shares exercised/converted
Exercise
5 txns
Insider
MONTOYA MICHAEL F
Role
Chief Technology Ops Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F3, F7, F8, F5 | 3,928 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F4, F5 | 534 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F6, F5 | 1,603 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,137 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 840 | $338.34 | $284K |
| Holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 14,612 contracts (Direct);
Common Stock — 2,606 shares (Direct);
Common Stock — 4,252 shares (Indirect, By Family Trust)
Holdings Before and After:
Restricted Stock Unit, 12,821 to 14,612 contracts (Direct);
Common Stock, 1,309 to 2,606 shares (Direct)
Footnotes (8)
- F1. Shares acquired upon the vesting of the November 3, 2025 award of service-based Restricted Stock Units.
- F2. 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.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
- F4. This November 3, 2025 award of service-based Restricted Stock Units shall vest in consecutive equal quarterly increments over 3 years, with the first vest on February 1, 2026 and the final vest on November 1, 2028.
- F5. 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.
- F6. This November 3, 2025 award of service-based Restricted Stock Units shall vest in consecutive equal quarterly increments over 2 years, with the first vest on February 1, 2026 and the final vest on November 1, 2027.
- F7. Concurrent with the award of 3,928 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 3,928 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.
- F8. This November 2, 2026 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2027.
Key Figures
Service-based restricted stock units granted: 3,928 RSUs
Common shares acquired upon vesting: 2,137 shares
Shares delivered or withheld: 840 shares
+3 more
6 metrics
Service-based restricted stock units granted
3,928 RSUs
Granted November 2, 2026
Common shares acquired upon vesting
2,137 shares
November 1, 2026; vesting of the November 3, 2025 service-based award
Shares delivered or withheld
840 shares
For payment of exercise price or tax liability on November 1, 2026
Common shares held by family trust
4,252 shares
Trust for the benefit of Montoya's children; Montoya is a co-trustee
Performance RSUs at 100% target achievement
3,928 RSUs
Concurrent performance-based award; actual number may vary with performance and continued employment
Reported price per share
$338.34 per share
840 common shares delivered or withheld on November 1, 2026
Key Terms
Restricted Stock Unit, Performance RSUs, quarterly increments
3 terms
Restricted Stock Unit technical
"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.
Performance RSUs technical
"the number of which that can be earned will be based on performance targets"
Performance RSUs are promises to deliver company shares to executives or employees only if the business meets preset goals such as revenue, profit, stock price, or operational targets. They matter to investors because they align management pay with measurable company results and can affect the number of shares outstanding and future earnings per share once the shares are issued. Think of them as a bonus paid in stock that only arrives if the team hits the agreed milestones.
quarterly increments technical
"vests in twelve equal quarterly increments beginning February 1, 2027"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many FFIV RSUs did Michael F. Montoya receive?
Michael F. Montoya was granted 3,928 service-based RSUs on November 2, 2026. A concurrent performance-based award could provide 3,928 Performance RSUs at 100% achievement of performance targets; the actual number may be more or less depending on performance and may be lower if he does not remain employed during the vesting period.
What happened when Michael F. Montoya's FFIV RSUs vested on November 1, 2026?
Montoya acquired 2,137 common shares upon vesting of a November 3, 2025 service-based RSU award. A separate reported transaction lists 840 common shares delivered or withheld for payment of exercise price or tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
