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F5 (NASDAQ: FFIV) director receives 987 RSUs and exercises 934 into shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

F5, Inc. director Nikhil Ramesh Mehta reported equity compensation activity and an option-like vesting event. He received a grant of 987 Restricted Stock Units (RSUs), each representing a right to one share of F5 common stock upon vesting. On a prior date, 934 RSUs were exercised, converting into 934 shares of common stock at no cash exercise price, reflecting an exercise-and-hold transaction with no open-market sale. After these transactions, Mehta directly holds 11,043 shares of F5 common stock. The RSUs vest in full on the business day before specified future annual shareholder meetings, provided he continues to serve as a director.

Positive

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Insider MEHTA NIKHIL RAMESH
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 987 $0.00 --
Exercise Restricted Stock Unit 934 $0.00 --
Exercise Common Stock 934 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 987 shares (Direct); Common Stock — 11,043 shares (Direct)
Footnotes (1)
  1. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2025 (to be held in 2026) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date. 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. Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2026 (to be held in 2027) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MEHTA NIKHIL RAMESH

(Last) (First) (Middle)
C/O F5, INC.
801 5TH AVENUE

(Street)
SEATTLE WA 98104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
F5, INC. [ FFIV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/11/2026 M 934 A $0 11,043 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit(1) $0 03/11/2026 M 934 (2) (3) Common Stock 934 $0 0 D
Restricted Stock Unit(1) $0 03/12/2026 A 987 (4) (3) Common Stock 987 $0 987 D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
2. Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2025 (to be held in 2026) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
3. 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.
4. Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2026 (to be held in 2027) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
Remarks:
/s/ Angelique M. Okeke by Power of Attorney 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did F5 (FFIV) director Nikhil Ramesh Mehta report?

Nikhil Ramesh Mehta reported receiving 987 Restricted Stock Units and exercising 934 RSUs into 934 shares of F5 common stock. These actions are equity compensation events, not open-market purchases or sales, and increase his direct share ownership in the company.

How many F5 (FFIV) shares does director Nikhil Ramesh Mehta hold after this Form 4?

Following the reported RSU grant and RSU exercise, Nikhil Ramesh Mehta directly holds 11,043 shares of F5 common stock. This figure reflects his position after converting 934 Restricted Stock Units into shares, with no corresponding sale reported in this filing.

What is the size of the new Restricted Stock Unit grant to F5 (FFIV) director Mehta?

Mehta received a grant of 987 Restricted Stock Units. Each RSU represents a contingent right to receive one F5 common share upon vesting, subject to continued board service and the vesting schedule tied to future annual shareholder meeting dates described in the footnotes.

Were any F5 (FFIV) shares sold by director Mehta in this Form 4 filing?

No sales were reported. The Form 4 shows only RSU-related acquisitions: a 987-unit RSU grant and the exercise of 934 RSUs into common stock at a zero exercise price. There are no open-market sale transactions or tax-withholding dispositions disclosed in this filing.

How do the Restricted Stock Units for F5 (FFIV) director Mehta vest?

The RSUs vest if Mehta continues as a director through specific future dates. Footnotes explain they fully vest on the first business day before certain annual shareholder meetings, and upon vesting, an equivalent number of F5 common shares is issued to him.