Werner Edward Cooper 4
Research Summary
AI-generated summary
F5 (FFIV) CFO Werner Cooper Sells 2,500 Shares
What Happened
- Werner Edward Cooper, Chief Financial Officer of F5, Inc. (FFIV), sold 2,500 shares in an open-market/private sale on June 2, 2026.
- The shares were sold at $400.00 per share for a total transaction value of $1,000,000.
- This is a sale (not a purchase); sales by insiders are often routine and do not necessarily signal a change in company outlook.
Key Details
- Transaction date: 2026-06-02; Price: $400.00 per share; Shares sold: 2,500; Total value: $1,000,000.
- Transaction type/code: S (sale — open market or private sale).
- Footnote: Executed pursuant to a Rule 10b5-1 trading plan dated 12/03/2025.
- Filing date: 2026-06-03 (filed the day after the transaction) — appears timely based on standard Form 4 reporting rules.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- A Rule 10b5-1 plan lets insiders pre-authorize trades at set times or conditions; trades under such plans are typically pre-arranged and help reduce the implication that the insider traded on nonpublic information.
- Because this is a sale executed under a 10b5-1 plan, it is generally viewed as a planned disposition rather than a spontaneous vote of confidence or concern by the insider.