F5 grants Chad Michael Whalen 6,284 stock units
The 6,284 service-based units vest in 12 equal quarterly increments beginning February 1, 2027.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
F5, Inc. (FFIV) EVP, Worldwide Sales Chad Michael Whalen reported vesting of restricted stock units into 2,319 common shares on November 1, 2026, and 7,050 shares delivered or withheld for payment of exercise price or tax liability at a reported $338.34 per share. On November 2, he was granted 6,284 service-based RSUs and additional Performance RSUs, with 6,284 payable at 100% achievement of performance targets. The actual number of Performance RSUs may be more or less depending on performance and may be less if he does not remain employed during the vesting period.
Insider Trade Summary
2,319 shares exercised/converted
Exercise
6 txns
Insider
WHALEN CHAD MICHAEL
Role
EVP, Worldwide Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F2, F7, F8, F4 | 6,284 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F3, F4 | 933 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F5, F4 | 718 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F6, F4 | 668 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,319 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,050 | $338.34 | $2.39M |
Holdings After Transaction:
Restricted Stock Unit — 14,495 contracts (Direct);
Common Stock — 32,417 shares (Direct)
Holdings Before and After:
Restricted Stock Unit, 10,530 to 14,495 contracts (Direct);
Common Stock, 37,148 to 32,417 shares (Direct)
Footnotes (8)
- 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. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
- F3. This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.
- F4. 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.
- F5. This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.
- F6. This November 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026.
- F7. Concurrent with the award of 6,284 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 6,284 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.
- F8. 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 RSUs granted: 6,284 restricted stock units
Performance RSUs at 100% target achievement: 6,284 Performance RSUs
Common shares acquired upon vesting: 2,319 shares
+3 more
6 metrics
Service-based RSUs granted
6,284 restricted stock units
Awarded November 2, 2026; vesting begins February 1, 2027
Performance RSUs at 100% target achievement
6,284 Performance RSUs
Actual number may be more or less depending on performance
Common shares acquired upon vesting
2,319 shares
November 1, 2026
Shares delivered or withheld
7,050 shares
For payment of exercise price or tax liability on November 1, 2026
Reported price per share
$338.34 per share
For the 7,050 shares delivered or withheld on November 1, 2026
Service-based RSU vesting increments
12 equal quarterly increments
Beginning February 1, 2027
Key Terms
service-based Restricted Stock Units, Performance RSUs, vesting period
3 terms
service-based Restricted Stock Units financial
"award 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.
Performance RSUs financial
"number of Performance RSUs"
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 financial
"over 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.
What RSUs did FFIV grant Chad Michael Whalen?
On November 2, 2026, F5 granted Chad Michael Whalen 6,284 service-based RSUs and additional Performance RSUs. At 100% achievement of performance targets, he can receive 6,284 Performance RSUs; the actual number may be more or less based on performance and may be less if he does not remain employed during the vesting period.
When do Chad Michael Whalen's new service-based RSUs vest?
The 6,284 service-based RSUs vest in twelve equal quarterly increments beginning February 1, 2027. The corresponding common shares are issued on a vest date if he continues to provide services through that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
