Gonzalez Julie Marie 4

What Happened

• Julie Marie Gonzalez, a director of F5, Inc. (FFIV), executed an exercise/conversion of a derivative for 934 shares on 2026-03-11 (code M) and was recorded as disposing 934 derivative units the same day. The filing shows $0.00 per share for those transactions (no cash paid or received in the reported entries). On 2026-03-12 she was granted 987 restricted stock units (RSUs) (code A) at $0.00 each.
• The filing’s footnotes identify these instruments as Restricted Stock Units — each RSU is a contingent right to receive one share of F5 common stock on the applicable vest date. The grant (987 RSUs) will vest only if she continues to serve as a director on the vest date described in the footnotes.

Key Details

• Transaction dates: 2026-03-11 (exercise/conversion of 934 derivative units) and 2026-03-12 (grant of 987 RSUs). Filing date: 2026-03-13.
• Prices reported: $0.00 per share for the exercised/converted units and for the RSU grant (no cash paid/received in these reported entries).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: RSUs represent a contingent right to one share and vest on the first business day prior to the company’s annual shareholder meeting for the applicable fiscal year if the director remains in service.
• Timeliness: The Form 4 was filed on 2026-03-13 for transactions occurring on 2026-03-11–03-12 (filed within the standard Form 4 reporting window).

Context

• These are derivative/award transactions (conversion of derivative units and an RSU grant), not open-market purchases or sales. The $0.00 price entries reflect the nature of RSU conversion/grant reporting rather than a market trade; they do not indicate proceeds or market value realized at the time of reporting.
• RSU grants and conversions are typically compensation or service-related and are contingent on continued service per the footnotes; they should be interpreted as routine insider compensation rather than a direct buy/sell signal.