F5, Inc. (FFIV) EVP sells 703 shares under plan as RSUs vest
Rhea-AI Filing Summary
F5, Inc. EVP, Worldwide Sales Chad Michael Whalen reported multiple equity transactions. On August 3, 2026 he sold 703 shares of common stock at 404.8600 per share under a Rule 10b5-1 trading plan dated 12/05/2025. On August 1, 2026, service-based RSUs vested into 2318 shares of common stock, and 911 shares were withheld at 402.5700 per share in connection with those awards.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
WHALEN CHAD MICHAEL
Role
EVP, Worldwide Sales
Sold
703 shs ($285K)
Approx. gross sale proceeds
$285K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 703 | $404.86 | $285K |
| Exercise | Restricted Stock Unit F3, F4, F5 | 668 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F6, F5 | 717 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F7, F5 | 933 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,318 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 911 | $402.57 | $367K |
Holdings After Transaction:
Restricted Stock Unit — 10,530 shares (Direct);
Common Stock — 21,536 shares (Direct)
Footnotes (7)
- F1. Shares acquired upon the vesting of the November 1, 2023, November 1, 2024, and November 3, 2025 awards of service-based Restricted Stock Units.
- F2. This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 12/05/2025.
- 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 vests in twelve equal quarterly increments beginning February 1, 2026.
- 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 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.
- F7. This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.
Key Figures
Common shares sold: 703 shares
Sale price per share: 404.8600 per share
Shares from RSU vesting: 2318 shares
+2 more
5 metrics
Common shares sold
703 shares
Sale of common stock on August 3, 2026 under Rule 10b5-1 plan
Sale price per share
404.8600 per share
Price for the 703 common shares sold on August 3, 2026
Shares from RSU vesting
2318 shares
Common shares acquired upon RSU vesting on August 1, 2026
Shares withheld
911 shares
Shares withheld at 402.5700 per share in connection with vesting
10b5-1 plan date
12/05/2025
Date of Rule 10b5-1 trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Unit, service-based Restricted Stock Units
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 12/05/2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc."
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
"Shares acquired upon the vesting of awards of service-based Restricted Stock Units."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale did F5 (FFIV) executive Chad Michael Whalen report?
Chad Michael Whalen reported selling 703 shares of F5 common stock at 404.8600 per share on August 3, 2026. The sale was executed pursuant to a Rule 10b5-1 trading plan dated 12/05/2025.
Was Whalen's F5 (FFIV) stock sale made under a Rule 10b5-1 plan?
Yes. The reported sale of 703 shares of F5 common stock on August 3, 2026 was executed under a Rule 10b5-1 trading plan dated 12/05/2025, indicating it followed a pre-established trading arrangement.
What do the Restricted Stock Units in the F5 (FFIV) report represent?
Each Restricted Stock Unit represents a contingent right to receive one share of F5 common stock upon vesting. If Whalen continues providing services through each vesting date, the corresponding number of common shares will be issued to him on that date.