F5 CEO receives 16,159-unit service-based stock grant
The CEO's spouse serves as trustee of a family trust holding shares for the benefit of their children.
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Form Type
4
Rhea-AI Filing Summary
F5, Inc. President, CEO and director Francois Locoh-Donou received 16,159 service-based restricted stock units on November 2, 2026. They vest in 12 equal quarterly increments beginning February 1, 2027, subject to continued service. A concurrent performance award could yield 24,239 RSUs at 100% target achievement; the amount may vary with performance and may be lower if he does not remain employed during vesting.
On November 1, 2026, 6,235 common shares were acquired upon vesting of earlier RSUs, and 27,549 shares were delivered or withheld for payment of exercise price or tax liability at $338.34 per share. A family trust held 42,000 shares for the benefit of his children as of November 1, 2026.
Insider Trade Summary
6,235 shares exercised/converted
Exercise
6 txns
Insider
Locoh-Donou Francois
Role
President, CEO & Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F3, F8, F9, F5 | 16,159 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F4, F5 | 2,524 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F6, F5 | 2,114 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F7, F5 | 1,597 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 6,235 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 27,549 | $338.34 | $9.32M |
| Holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 37,391 contracts (Direct);
Common Stock — 189,466 shares (Direct);
Common Stock — 42,000 shares (Indirect, By Family Trust)
Holdings Before and After:
Restricted Stock Unit, 27,467 to 37,391 contracts (Direct);
Common Stock, 210,780 to 189,466 shares (Direct)
Footnotes (9)
- F1. Shares acquired upon the vesting of 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, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.
- 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 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026.
- F8. Concurrent with the award of 16,159 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 24,239 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.
- F9. 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 awarded: 16,159 RSUs
Performance RSUs at 100% target achievement: 24,239 RSUs
Common shares acquired upon RSU vesting: 6,235 shares
+3 more
6 metrics
Service-based restricted stock units awarded
16,159 RSUs
Awarded November 2, 2026; vesting begins February 1, 2027.
Performance RSUs at 100% target achievement
24,239 RSUs
Concurrent performance award; actual amount may be more or less based on performance and may be lower if employment does not continue through the vesting period.
Common shares acquired upon RSU vesting
6,235 shares
November 1, 2026.
Shares delivered or withheld
27,549 shares
November 1, 2026, for payment of exercise price or tax liability.
Reported price per share
$338.34 per share
For the November 1, 2026 delivery or withholding transaction.
Shares held by family trust
42,000 shares
Held for the benefit of the reporting person's children as of November 1, 2026.
Key Terms
Restricted Stock Unit, Performance RSUs, vesting period
3 terms
Restricted Stock Unit technical
"Each Restricted Stock Unit represents a contingent right"
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
"Performance RSUs are not reported in Table II"
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.
vesting period technical
"may be less if the reporting person does not remain employed during the vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did FFIV CEO Francois Locoh-Donou receive?
He received 16,159 service-based RSUs on November 2, 2026. They vest in 12 equal quarterly increments beginning February 1, 2027, subject to continued service. A concurrent performance award could provide 24,239 Performance RSUs at 100% target achievement; the actual amount may vary with performance and may be lower if he does not remain employed during vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
