F5 (FFIV) EVP Fountain vests 2,700 RSUs, 1,492 shares withheld for taxes
Rhea-AI Filing Summary
F5, Inc. executive vice president of Global Services & Strategy Thomas Dean Fountain reported 2026-08-01 transactions involving service-based Restricted Stock Units. Three RSU awards were converted into 2,700 shares of common stock, and 1,492 shares of common stock were withheld at $402.57 per share to satisfy tax obligations. These transactions were not reported as pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,208 shares
Net Buy
5 txns
Insider
FOUNTAIN THOMAS DEAN
Role
EVP Global Services & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3, F4 | 950 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F5, F4 | 708 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F6, F4 | 1,042 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,700 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,492 | $402.57 | $601K |
Holdings After Transaction:
Restricted Stock Unit — 12,166 shares (Direct);
Common Stock — 9,268 shares (Direct)
Footnotes (6)
- 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, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.
- 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 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026.
- F6. This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.
Key Figures
RSUs converted: 2,700 shares
Shares withheld for taxes: 1,492 shares
Withholding price: $402.57 per share
+3 more
6 metrics
RSUs converted
2,700 shares
Total common shares received from three RSU awards on 2026-08-01
Shares withheld for taxes
1,492 shares
Common stock withheld to satisfy tax obligations on 2026-08-01
Withholding price
$402.57 per share
Per-share value used for 1,492 shares withheld under code F
First RSU tranche
950 units
Restricted Stock Units converted into common stock on 2026-08-01
Second RSU tranche
708 units
Restricted Stock Units converted into common stock on 2026-08-01
Third RSU tranche
1,042 units
Restricted Stock Units converted into common stock on 2026-08-01
Key Terms
Restricted Stock Unit, service-based Restricted Stock Units, vest date, withheld
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
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.
service-based Restricted Stock Units financial
"awards of service-based Restricted Stock Units vests in twelve equal quarterly increments"
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.
vest date financial
"will be issued to the reporting person on the vest date"
withheld financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did F5 (FFIV) executive Thomas Dean Fountain report in this Form 4?
Thomas Dean Fountain reported the vesting and conversion of 2,700 shares of F5 common stock from service-based Restricted Stock Units and the withholding of 1,492 shares at $402.57 per share to cover tax obligations on 2026-08-01.
Were Thomas Dean Fountain’s F5 (FFIV) transactions under a Rule 10b5-1 plan?
No. The Rule 10b5-1 checkbox is marked false, indicating these transactions were not reported as being executed under a pre-arranged Rule 10b5-1 trading plan, but instead appear as standard equity award vesting and related tax withholding.
What types of equity awards are involved in Thomas Dean Fountain’s F5 (FFIV) filing?
The filing involves service-based Restricted Stock Units, each representing a contingent right to receive one F5 common share. The footnotes describe awards granted in November 2023, November 2024, and November 2025 that vest in twelve equal quarterly installments, contingent on continued service.
What is the vesting structure of the RSUs reported by Thomas Dean Fountain at F5 (FFIV)?
The RSUs are service-based and vest in twelve equal quarterly increments beginning on specified dates in 2024, 2025, and 2026. Shares of F5 common stock are issued on each vest date if Fountain continues providing services through that date.