F5 (FFIV) CEO updates holdings after RSU conversions, 10b5-1 sale
Rhea-AI Filing Summary
F5, Inc. (FFIV) reported insider transactions by its President, CEO & Director. On 11/01/2025, the executive acquired 7,174 shares at $0 upon RSU vesting (code M) and had 29,424 shares withheld to cover taxes at $253.05 (code F). On 11/03/2025, the executive sold 1,300 shares at $252.98 (code S) pursuant to a Rule 10b5-1 plan dated 11/13/2024.
Following these transactions, the executive directly owned 151,623 shares and indirectly held 42,000 shares via a family trust. Footnotes state the RSUs are service-based and vest quarterly, each unit converting into one share on the vest date.
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Insights
Routine Form 4: RSU vesting, tax withholding, small 10b5-1 sale.
The filing records standard equity compensation mechanics: RSUs converted to common stock (code M), with shares withheld for taxes (code F). A small open-market sale (code S) was executed under a pre-established Rule 10b5-1 plan dated 11/13/2024, indicating a prearranged framework.
Post-transaction holdings are 151,623 direct shares and 42,000 indirect via a family trust. The RSUs are service-based, vesting in quarterly increments, each representing one share upon vesting. No proceeds to the company are indicated; the activity reflects personal portfolio and tax events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,300 | $252.98 | $329K |
| Exercise | Restricted Stock Unit | 2,537 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 2,523 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 2,114 | $0.00 | -- |
| Exercise | Common Stock | 7,174 | $0.00 | -- |
| Tax Withholding | Common Stock | 29,424 | $253.05 | $7.45M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares acquired upon the vesting of the November 1, 2022, November 1, 2023, and November 1, 2024 awards of service-based Restricted Stock Units. This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 11/13/2024. 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. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023. 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, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024. This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.