HIGGINSON ALAN 4

4 · F5, INC. · Filed Mar 13, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

F5 (FFIV) Director Alan Higginson Converts 934 RSUs to Shares

What Happened

Alan Higginson, a director of F5, Inc. (FFIV), reported a derivative conversion on March 11, 2026: 934 units were reflected as acquired at $0.00 and the corresponding derivative position was reported as disposed (code M = exercise/conversion). No cash was paid (exercise price $0.00). This was a conversion of a derivative award (restricted stock units), not an open-market purchase or sale of shares.

Key Details

Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (timely filing)
Transaction type/code: M — exercise/conversion of derivative (RSU conversion to common shares)
Shares acquired: 934 shares at $0.00 exercise price; derivative disposed: 934 units
Shares owned after transaction: Not specified in the provided filing
Footnotes: F1–F3 state each Restricted Stock Unit (RSU) converts to one share upon vesting and that vesting/issuance is contingent on continued service through the vest date (vesting tied to the fiscal 2025 annual meeting timing)
No evidence of a 10b5-1 plan, cashless sale, gift, or tax-withholding sale noted in the provided entry

Context

This report documents a conversion of RSUs into shares (a non-cash, award-related event). Such conversions are routine for executives and directors when awards vest or are converted and do not by themselves indicate buying or selling sentiment in the open market.

Form 4

Period: 2026-03-11

Director

Transactions

Exercise/Conversion
Common Stock
2026-03-11+934→ 7,774 total
Exercise/Conversion
Restricted Stock Unit
[F1][F2][F3]
2026-03-11−934→ 0 total
Exercise: $0.00→ Common Stock (934 underlying)

Footnotes (3)

[F1]Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
[F2]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.
[F3]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.

Signature

/s/ Angelique M. Okeke by Power of Attorney|2026-03-13

1 file