F5 (FFIV) Insider Sale: 1,300 Shares Sold Under 10b5-1 Plan
Rhea-AI Filing Summary
Locoh-Donou Francois, President, CEO & Director of F5, Inc. (FFIV), reported a sale of 1,300 shares of common stock on 09/02/2025 at a price of $309.61 per share. After the sale, he beneficially owned 108,853 shares directly and 42,000 shares indirectly through a family trust. The Form 4 indicates the sale was executed pursuant to a Rule 10b5-1 trading plan dated 11/13/2024. The filing was signed by an authorized representative by power of attorney on 09/04/2025.
Positive
- Sale executed under a Rule 10b5-1 trading plan, indicating the transaction was pre-planned (dated 11/13/2024).
- Clear disclosure of holdings: 108,853 shares direct and 42,000 shares indirect by family trust.
- Form 4 filed and signed by authorized representative, meeting Section 16 reporting requirements.
Negative
- Insider disposition of shares: 1,300 shares sold, reducing direct holdings.
- No information on total outstanding shares provided here, so relative materiality of the sale cannot be assessed from this filing alone.
Insights
TL;DR: Insider reported a planned sale under a 10b5-1 plan; remaining direct ownership stays sizeable.
The reporting person executed a disposition of 1,300 shares at $309.61 under a Rule 10b5-1 plan dated 11/13/2024, which indicates the trade was pre-planned rather than opportunistic. Following the transaction the insider reports 108,853 shares directly and 42,000 indirectly via a family trust, preserving significant ownership alignment. The disclosure and POA signature meet Section 16 reporting requirements. This Form 4 provides transparent, routine reporting of insider activity.
TL;DR: Transaction appears procedural under an established plan; no new governance actions disclosed.
The sale was executed pursuant to an explicit 10b5-1 trading plan dated 11/13/2024, which typically limits discretion over timing and can reduce scrutiny of insider sales. There is no indication in the filing of additional governance changes, option exercises, or derivative transactions. Beneficial ownership figures are provided for direct and indirect holdings, satisfying transparency expectations for insiders who are officers and directors.