Locoh-Donou Francois 4

What Happened Francois Locoh-Donou, President, CEO and Director of F5, Inc. (FFIV), had 6,234 restricted stock units (RSUs) convert to common shares on February 1, 2026. To satisfy tax withholding related to the vesting, 2,479 shares were disposed (sold) at $275.61 per share, generating approximately $683,237. The filing shows additional derivative-format transfers of 2,524, 2,114 and 1,596 shares (totaling 6,234) tied to the RSU vesting/issuance events.

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely).
• Sale for tax withholding: 2,479 shares at $275.61 → ~$683,237.
• RSU conversion/exercise entries: 6,234 shares converted (code M); some shares were reported as disposed/transferred in derivative-format entries.
• Footnotes: Vesting relates to service-based RSU awards granted Nov 1, 2023; Nov 1, 2024; and Nov 3, 2025, each vesting in quarterly increments (see F1–F7). Some shares are held in a trust for the reporting person’s children (F2). Each RSU equals one share on the vest date (F3).
• Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = payment for exercise price or tax liability (shares withheld/sold for taxes).
• Shares owned after the transactions are not explicitly stated in this filing.

Context This was primarily a vesting of RSUs with a routine sale to cover tax obligations (a common, administrative transaction). Such tax-withholding sales are not necessarily indicative of the insider’s market view. The only cash amount reported is the ~$683k from shares disposed to cover taxes.