F5, INC. 8-K

What Happened F5, Inc. filed a Form 8-K on June 23, 2026 reporting that on June 17, 2026 the Board appointed Gavin Munroe as a director. Mr. Munroe will serve on the Board’s Risk and Audit Committees and will enter the company’s standard director indemnification agreement. The appointment was announced via a press release furnished as Exhibit 99.1 to the filing.

Key Details

• Appointment date: June 17, 2026; Form 8-K filed June 23, 2026.
• Committee assignments: Member of the Risk and Audit Committees.
• Cash compensation: annual retainer of $60,000 plus $20,000 annual committee fee for each of the Risk and Audit Committees (i.e., $20,000 each).
• Equity compensation: restricted stock unit (RSU) grant effective July 1, 2026 with an annual grant value of $275,000 under the F5, Inc. 2026 Incentive Award Plan.
• Governance: will participate under F5’s Non-Employee Director Program and standard director/officer indemnification agreement.

Why It Matters This is a governance/board composition update — a routine, non-executive director addition with standard cash and equity compensation. For investors, the filing signals a change in board membership and committee makeup (Audit and Risk), but does not report changes to executive management or financial results. The disclosed cash and equity amounts describe the expected ongoing cost of this non-employee director to the company’s compensation programs.