F5 (FFIV) sales chief Chad Whalen vests RSUs and disposes 941 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F5, Inc. executive Chad Michael Whalen reported equity transactions involving company stock. On February 1, 2026, he acquired 2,317 shares of Common Stock at $0 through the vesting and settlement of previously granted service-based Restricted Stock Units.
On the same date, he disposed of 941 shares of Common Stock at $275.61 per share, leaving him with 27,017 Common shares held directly. The filing also shows the exercise of three Restricted Stock Unit awards for 667, 717, and 933 units, each converting into an equal number of F5 common shares as they vest on specified quarterly schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,317 shares exercised/converted
Mixed
5 txns
Insider
WHALEN CHAD MICHAEL
Role
EVP, Worldwide Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 667 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 717 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 933 | $0.00 | -- |
| Exercise | Common Stock | 2,317 | $0.00 | -- |
| Tax Withholding | Common Stock | 941 | $275.61 | $259K |
Holdings After Transaction:
Restricted Stock Unit — 7,346 shares (Direct);
Common Stock — 27,958 shares (Direct)
Footnotes (1)
- Shares acquired upon the vesting of November 1, 2023, 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. This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.
FAQ
What insider transaction did F5 (FFIV) report for Chad Michael Whalen?
Chad Michael Whalen reported vesting-related equity transactions in F5 stock. On February 1, 2026, he acquired 2,317 shares of Common Stock at $0 from Restricted Stock Units and disposed of 941 shares at $275.61, retaining 27,017 shares directly.
What types of securities are involved in Chad Whalen’s F5 (FFIV) Form 4 filing?
The filing involves both Common Stock and Restricted Stock Units. RSUs converted into 2,317 shares of Common Stock at $0, and three RSU awards of 667, 717, and 933 units relate to service-based grants that vest in scheduled quarterly increments.
How do F5 (FFIV) Restricted Stock Units work in Chad Whalen’s grants?
Each Restricted Stock Unit converts into one F5 Common share at vesting. The November 2023, November 2024, and November 2025 service-based RSU awards vest in twelve equal quarterly installments, contingent on continued service through each vesting date.
What is Chad Michael Whalen’s role at F5 (FFIV) in this Form 4?
Chad Michael Whalen is reported as EVP, Worldwide Sales at F5. The Form 4 identifies him as an officer, not a director or 10% owner, and details his equity compensation-related transactions in F5 Common Stock and Restricted Stock Units.