F5 (NASDAQ: FFIV) CTO nets more shares after RSU vesting and tax withholding

Rhea-AI Filing Summary

F5, Inc. Chief Technology Ops Officer Michael F. Montoya reported routine equity compensation activity involving restricted stock units and common shares. On March 11, 2026, he exercised 934 Restricted Stock Units, receiving 934 shares of F5 common stock at a stated price of $0.0000 per share in the transaction record.

On the same date, 367 common shares were disposed of at $289.52 per share to cover tax obligations, a non‑market transaction coded as tax withholding. After these entries, he holds 3,142 common shares directly and 4,252 shares indirectly through a family trust for the benefit of his children, where he serves as co‑trustee. Each Restricted Stock Unit represents a contingent right to receive one F5 common share on its vest date, and the March 13, 2025 service‑based RSU award is scheduled to fully vest on the first business day prior to the fiscal 2025 annual shareholder meeting.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding, no open‑market trading.

Michael F. Montoya, F5’s Chief Technology Ops Officer, exercised 934 Restricted Stock Units into common stock and had 367 shares withheld at $289.52 per share to satisfy tax liabilities. These are standard compensation-related entries, not discretionary market purchases or sales.

Following the transactions, he holds 3,142 F5 common shares directly and 4,252 shares indirectly via a family trust benefiting his children, where he is co‑trustee. With no remaining derivative positions shown and no open‑market trading, this filing mainly updates ownership records without materially changing the investment thesis for F5.

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^*

MONTOYA MICHAEL F

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Ops Officer

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	3,509	D
Common Stock	03/11/2026		F		367	D	$289.52	3,142	D
Common Stock								4,252	I	By Family Trust(1)

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(2)	$0	03/11/2026		M			934	(3)	(4)	Common Stock	934	$0	0	D

Explanation of Responses:

1. These shares are held in a trust for the benefit of the reporting person's children. The reporting person is a co-trustee of the trust.

2. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.

3. This March 13, 2025 award of service-based 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).

4. 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.

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) executive Michael F. Montoya report?

Michael F. Montoya reported exercising 934 Restricted Stock Units into F5 common stock and a related tax‑withholding disposition of 367 common shares at $289.52 per share. These entries reflect equity compensation vesting rather than open‑market buying or selling activity.

Did F5 (FFIV) executive Michael F. Montoya sell shares on the open market?

The filing shows no open‑market sale by Michael F. Montoya. Instead, 367 common shares were disposed of in a transaction coded for payment of tax liability, meaning shares were withheld to cover taxes tied to his Restricted Stock Unit vesting.

How many F5 (FFIV) shares does Michael F. Montoya own after these transactions?

After the reported transactions, Michael F. Montoya holds 3,142 F5 common shares directly. He also has indirect ownership of 4,252 shares through a family trust for his children, where he serves as co‑trustee, according to the filing’s ownership details and footnotes.

What happened to the 934 Restricted Stock Units reported for F5 (FFIV)?

The 934 Restricted Stock Units were exercised into 934 shares of F5 common stock at a stated transaction price of $0.0000. Each Restricted Stock Unit represents a contingent right to receive one share of F5 common stock upon vesting, subject to continued service conditions.

How are the family trust holdings of F5 (FFIV) shares described in the filing?

The filing states 4,252 F5 common shares are held indirectly through a trust for the benefit of Michael F. Montoya’s children. He is a co‑trustee of this family trust, which means these shares are reported as indirect beneficial ownership rather than direct personal holdings.

What vesting terms are disclosed for Michael F. Montoya’s March 13, 2025 F5 (FFIV) RSU award?

The March 13, 2025 service‑based Restricted Stock Unit award will fully vest on the first business day before the fiscal 2025 annual shareholder meeting, which will be held in 2026. Upon vesting and continued service, corresponding F5 common shares are issued to the reporting person.