SCHRAMM LYRA AMBER 4

What Happened

• Lyra Schramm, Chief People Officer of F5, had 826 restricted stock units (RSUs) convert to common stock on February 1, 2026. The filing shows 450 shares were surrendered to cover tax withholding at $275.61 per share, totaling $124,025. The remaining vested shares were issued to the reporting person (826 vested − 450 withheld = 376 net shares).
• Transaction codes: M = conversion/exercise of a derivative (the RSU settlement); F = shares surrendered to pay taxes. No open-market sale was reported — this was a routine vesting and tax-withholding event, not a discretionary sale.

Key Details

• Transaction date: February 1, 2026. Form filed February 3, 2026 (timely).
• Shares: 826 RSUs converted to shares (acquired). 450 shares disposed (surrendered) to cover tax liability at $275.61/share for $124,025.
• Filing also lists two derivative-format dispositions (373 and 453 shares at $0) related to the RSU settlements; these reflect the mechanics of vesting/settlement.
• Footnotes: RSUs came from awards dated Nov 1, 2024 and Nov 3, 2025. Each RSU equals one share; the awards vest in quarterly installments per the award schedules.
• Shares owned after the transaction: not specified in this filing.

Context

• This is a standard RSU vesting and tax-withholding transaction (code M for conversion and F for tax withholding). Such withholding/surrender of shares to cover taxes is routine and does not necessarily signal the insider’s market view.
• For retail investors, purchases or open-market buys tend to be more informative; this filing documents compensation settlement rather than a buy or sell decision.