Eswaran Anand 4

What Happened

Eswaran Anand, a director of F5, Inc. (FFIV), received a grant of 916 restricted stock units (RSUs) reported on Form 4. The grant was recorded as an award/acquisition (transaction code A) on 2026-05-01; the reported acquisition price is $0.00 because these are compensatory RSUs (derivative securities), not a cash purchase of stock. No shares were issued immediately — the RSUs convert to common stock only upon vesting.

Key Details

• Transaction date: 2026-05-01; Form 4 filed 2026-05-04.
• Security: 916 Restricted Stock Units (RSUs); reported price $0.00 (derivative award).
• Post-transaction shares owned: not specified in the excerpt provided.
• Footnotes of note:
  • F1: Each RSU equals a contingent right to one share on the vest date.
  • F2/F3: RSUs will fully vest on the first business day before the company’s fiscal 2026 annual meeting (to be held in 2027) provided the director remains in service; shares will be issued on the vest date.
• Transaction code: A (award/grant). No 10b5-1, tax-withholding, or late-filing flag noted in the provided details.

Context

RSU grants are a form of compensation for service and are not the same as an open-market purchase (which can be interpreted as a direct bullish signal). These RSUs are contingent on continued service through the vest date and will convert into common shares only if vesting conditions are met. This filing documents the grant, not a sale or immediate change in market-held shares.