F5 (FFIV) CTO Anand sells 3,123 shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F5, Inc. Chief Technology Officer Kunal Anand reported a mix of equity compensation vesting, tax withholding, and a planned share sale. On May 1, 2026, he acquired 10,294 shares of Common Stock through the vesting of service-based Restricted Stock Units. That same day, 4,049 shares were disposed of at $323.20 per share to cover tax obligations.
On May 4, 2026, Anand sold 3,123 shares of Common Stock in an open-market transaction at $322.33 per share pursuant to a Rule 10b5-1 trading plan dated October 29, 2025. Following these transactions, he directly held 12,194 shares of F5 Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,123 shares ($1,006,637)
Net Sell
6 txns
Insider
ANAND KUNAL
Role
Chief Technology Officer
Sold
3,123 shs ($1.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,123 | $322.33 | $1.01M |
| Exercise | Restricted Stock Unit | 623 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 668 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 9,003 | $0.00 | -- |
| Exercise | Common Stock | 10,294 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,049 | $323.20 | $1.31M |
Holdings After Transaction:
Common Stock — 12,194 shares (Direct, null);
Restricted Stock Unit — 3,737 shares (Direct, null)
Footnotes (1)
- Shares acquired upon the vesting of the May 1, 2024, November 1, 2024, and November 3, 2025 awards of service-based Restricted Stock Units. Includes 101 shares acquired under the F5, Inc. Employee Stock Purchase Plan on April 30, 2026. This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 10/29/2025. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly beginning February 1, 2025. 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 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026. Fifty percent (50%) of this May 1, 2024 award of service-based Restricted Stock Units vests on May 1, 2025 and fifty percent (50%) vests on May 1, 2026.
Key Figures
Open-market sale: 3,123 shares at $322.33
RSU vesting into common: 10,294 shares
Tax-withholding shares: 4,049 shares at $323.20
+2 more
5 metrics
Open-market sale
3,123 shares at $322.33
Common Stock sale on May 4, 2026
RSU vesting into common
10,294 shares
Common Stock acquired from RSUs on May 1, 2026
Tax-withholding shares
4,049 shares at $323.20
Shares withheld for taxes on May 1, 2026
Post-transaction holdings
12,194 shares
Direct Common Stock held after May 4, 2026 sale
RSU conversion block
9,003 shares
Common underlying May 1, 2026 RSU conversion
Key Terms
Restricted Stock Unit, Rule 10b5-1 trading plan, tax-withholding disposition, service-based Restricted Stock Units
4 terms
Restricted Stock Unit financial
"Shares acquired upon the vesting of the May 1, 2024, November 1, 2024, and November 3, 2025 awards of service-based Restricted Stock Units."
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.
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 10/29/2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
service-based Restricted Stock Units financial
"awards 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.
FAQ
What did F5 (FFIV) CTO Kunal Anand report in this Form 4?
He reported equity compensation vesting, related tax withholding, and a planned stock sale. Restricted Stock Units converted into 10,294 common shares, 4,049 shares were withheld for taxes, and 3,123 shares were later sold in an open-market transaction under a Rule 10b5-1 plan.
Was the F5 (FFIV) CTO’s stock sale pre-planned under Rule 10b5-1?
Yes. A footnote states the May 4, 2026 sale was executed pursuant to a Rule 10b5-1 trading plan dated October 29, 2025. Such plans pre-schedule trades, indicating the sale’s timing was arranged in advance rather than decided opportunistically.