F5 (FFIV) Chief People Officer reports RSU vesting and tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F5, Inc. Chief People Officer Lyra Amber Schramm reported routine equity compensation activity involving restricted stock units and common shares. On February 1, 2026, 826 shares of F5 common stock were acquired at $0 upon vesting of prior service-based RSU awards dated November 1, 2024 and November 3, 2025.
On the same date, 450 shares of common stock were disposed of at $275.61 per share, in a transaction coded “F,” indicating shares withheld to cover taxes upon vesting, leaving 376 common shares directly owned afterward. Two RSU awards were partially exercised for 373 and 453 units, each converting into an equal number of common shares, with 4,114 and 3,171 RSUs remaining, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
826 shares exercised/converted
Mixed
4 txns
Insider
SCHRAMM LYRA AMBER
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 373 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 453 | $0.00 | -- |
| Exercise | Common Stock | 826 | $0.00 | -- |
| Tax Withholding | Common Stock | 450 | $275.61 | $124K |
Holdings After Transaction:
Restricted Stock Unit — 4,114 shares (Direct);
Common Stock — 826 shares (Direct)
Footnotes (1)
- Shares acquired upon the vesting of November 1, 2024, and November 3, 2025 awards of service-based Restricted Stock Units. 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. This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.
FAQ
What insider transactions did FFIV Chief People Officer Lyra Amber Schramm report?
Lyra Amber Schramm reported RSU vesting into 826 F5 common shares at $0 and a tax-withholding disposition of 450 shares at $275.61 on February 1, 2026. The filing reflects routine equity compensation activity rather than an open-market purchase or sale.
What restricted stock unit awards are involved in the FFIV Form 4 for Lyra Amber Schramm?
The Form 4 involves service-based RSU awards dated November 1, 2024 and November 3, 2025. On February 1, 2026, 373 RSUs and 453 RSUs from these grants converted into common shares, leaving 4,114 and 3,171 RSUs, respectively, still outstanding and held directly.
How do Lyra Amber Schramm’s FFIV restricted stock units vest over time?
The November 1, 2024 RSU grant vests in twelve equal quarterly installments beginning February 1, 2025. The November 3, 2025 RSU grant vests in twelve equal quarterly installments beginning February 1, 2026, contingent on Schramm’s continued service with F5 through each vesting date.
What does the transaction code “F” mean in the FFIV Form 4 filing?
Transaction code “F” indicates shares were disposed of to satisfy tax withholding obligations upon vesting of equity awards. In this filing, 450 F5 common shares were withheld at $275.61 per share, rather than sold in a discretionary open-market transaction initiated by Lyra Amber Schramm.