F5 (FFIV) director Tami Erwin granted 987 RSUs and exercises 934

Rhea-AI Filing Summary

F5, Inc. director Tami A. Erwin reported routine equity compensation activity. She received a grant of 987 Restricted Stock Units (RSUs), each representing one share of F5 common stock, at a stated price of $0.00 per unit.

On the prior day, she exercised 934 RSUs, converting them into 934 shares of common stock. After these transactions, she holds 2,842 shares of F5 common stock directly and an additional 5 shares indirectly through a trust where she and her spouse are grantors, trustees, and beneficiaries. The new RSUs will fully vest on the business day before the fiscal 2026 annual shareholder meeting if she continues serving as a director through the vest date.

Insider Trade Summary

934 shares exercised/converted

Mixed 4 txns

Insider Erwin Tami A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	987	$0.00	--
Exercise	Restricted Stock Unit	934	$0.00	--
Exercise	Common Stock	934	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit — 987 shares (Direct); Common Stock — 2,842 shares (Direct); Common Stock — 5 shares (Indirect, by Trust)

Footnotes (1)

1. These shares are held in a trust with respect to which Ms. Erwin and her spouse are grantors, trustees and beneficiaries. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. 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) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date. 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. Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2026 (to be held in 2027) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Erwin Tami A.

(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)

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

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	2,842	D
Common Stock								5	I(1)	by Trust

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
Restricted Stock Unit(2)	$0	03/12/2026		A		987		(5)	(4)	Common Stock	987	$0	987	D

Explanation of Responses:

1. These shares are held in a trust with respect to which Ms. Erwin and her spouse are grantors, trustees and beneficiaries.

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

3. 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) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.

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.

5. Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2026 (to be held in 2027) if the reporting person continues to serve as a director on the vest date, and 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) director Tami A. Erwin report?

Tami A. Erwin reported a routine equity award and an RSU exercise. She was granted 987 Restricted Stock Units and exercised 934 RSUs into common shares, with no open-market buying or selling disclosed in this Form 4.

How many Restricted Stock Units did F5 (FFIV) grant to Tami A. Erwin?

F5 granted Tami A. Erwin 987 Restricted Stock Units at a stated price of $0.00 per unit. Each RSU represents a contingent right to receive one share of F5 common stock upon vesting, according to the Form 4 footnotes.

What RSU vesting terms apply to Tami A. Erwin’s new F5 (FFIV) award?

The new Restricted Stock Units will fully vest on the first business day before the fiscal 2026 annual shareholder meeting. Vesting requires that Tami A. Erwin continue serving as a director through the vest date, at which time the corresponding common shares will be issued.

How many F5 (FFIV) shares does Tami A. Erwin hold after these transactions?

After the reported activity, Tami A. Erwin holds 2,842 F5 common shares directly. She also has an indirect holding of 5 shares through a trust where she and her spouse are grantors, trustees, and beneficiaries, as disclosed in the Form 4 footnotes.

Did Tami A. Erwin buy or sell F5 (FFIV) shares on the open market?

The Form 4 shows no open-market purchases or sales. Activity consists of a grant of 987 Restricted Stock Units and the exercise of 934 RSUs into common stock at a stated price of $0.00, typical of equity compensation rather than market trading.

What does the RSU exercise reported by F5 (FFIV) director Tami A. Erwin involve?

The RSU exercise converted 934 Restricted Stock Units into 934 shares of F5 common stock. The transaction is coded as an exercise or conversion of derivative securities, with a listed transaction price and conversion price of $0.00 per share in the filing.