F5, Inc. (FFIV) CEO vests RSUs and withholds 2,451 shares
Rhea-AI Filing Summary
F5, Inc. President, CEO and Director Francois Locoh-Donou acquired 6,233 shares of common stock on August 1, 2026 upon vesting of service-based Restricted Stock Units. In connection with this vesting, 2,451 shares were delivered or withheld at $402.5700 per share as payment of exercise price or tax liability. An additional 42,000 shares of common stock are held indirectly in a family trust for the benefit of his children, for which his spouse serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,782 shares
Net Buy
6 txns
Insider
Locoh-Donou Francois
Role
President, CEO & Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4, F5 | 2,113 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F6, F5 | 1,597 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F7, F5 | 2,523 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 6,233 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,451 | $402.57 | $987K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 27,467 shares (Direct);
Common Stock — 150,771 shares (Direct);
Common Stock — 42,000 shares (Indirect, By Family Trust)
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. These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is 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 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.
- 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 vests in twelve equal quarterly increments beginning February 1, 2026.
- 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 acquired: 6,233 shares
Shares delivered/withheld: 2,451 shares
Withholding price: $402.5700 per share
+4 more
7 metrics
Common shares acquired
6,233 shares
Acquired on August 1, 2026 upon vesting of service-based RSUs
Shares delivered/withheld
2,451 shares
Disposed of at $402.5700 per share as payment of exercise price or tax liability
Withholding price
$402.5700 per share
Price applied to 2,451 shares delivered or withheld in code F transaction
RSUs from 2023 award converted
2,523 units
Restricted Stock Units from November 1, 2023 service-based grant
RSUs from 2024 award converted
2,113 units
Restricted Stock Units from November 1, 2024 service-based grant
RSUs from 2025 award converted
1,597 units
Restricted Stock Units from November 3, 2025 service-based grant
Indirect trust holdings
42,000 shares
Common stock held in a trust for the reporting person’s children
Key Terms
Restricted Stock Unit, service-based Restricted Stock Units, contingent right, Family Trust
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
"awards of service-based Restricted Stock Units vests in twelve equal quarterly increments"
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.
contingent right financial
"represents a contingent right to receive one share of F5, Inc. Common Stock"
Family Trust financial
"These shares are held in a trust for the benefit of the reporting person's children"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What common stock did F5 (FFIV) CEO Francois Locoh-Donou acquire in this Form 4?
He acquired 6,233 shares of F5, Inc. common stock on August 1, 2026 upon vesting of service-based Restricted Stock Units. These shares came from November 1, 2023, November 1, 2024, and November 3, 2025 RSU awards described in the footnotes.
Which RSU awards for F5 (FFIV) CEO vested in connection with this filing?
The vesting related to service-based Restricted Stock Units granted on November 1, 2023, November 1, 2024, and November 3, 2025. These awards vest in twelve equal quarterly installments beginning February 1, 2024, February 1, 2025, and February 1, 2026, respectively.
Were the F5 (FFIV) CEO’s reported transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan. The Form 4 does not describe any pre-arranged trading arrangement.
What type of equity awards did F5 (FFIV) use in these CEO transactions?
The transactions involve Restricted Stock Units (RSUs), each representing a contingent right to receive one share of F5 common stock on the vest date. Upon vesting, the RSUs converted into 6,233 shares of common stock credited to the reporting person.