F5, INC.·4

Feb 3, 6:54 PM ET

OKEKE ANGELIQUE M 4

Research Summary

AI-generated summary

Updated

F5 (FFIV) EVP Angelique Okeke Receives RSUs; 352 Shares Withheld

What Happened

  • Angelique M. Okeke, EVP and General Counsel of F5, had restricted stock units (RSUs) vest on Feb 1, 2026, resulting in the conversion/acquisition of 821 shares (reported as derivative conversions/exercises).
  • To cover tax withholding, 352 of those shares were surrendered (payment of tax liability) at an indicated per-share value of $275.61, totaling $97,015.
  • Additional derivative conversion lines (113, 375, and 333 shares) in the filing reflect RSU-to-share conversions from multiple award tranches tied to different grant dates; these conversion entries show $0 exercise price because RSUs convert to shares upon vesting. This was not an open‑market sale — shares were withheld to satisfy taxes.

Key Details

  • Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (timely filing).
  • Acquired: 821 shares via RSU vesting (exercise/conversion, code M) at $0 cost basis.
  • Disposed: 352 shares withheld for taxes (code F) at $275.61/share = $97,015.
  • Other conversion entries: 113, 375, and 333 shares shown as derivative conversions (reflecting separate award tranches) with $0 exercise price.
  • Shares owned after transaction: not specified in the excerpt of this filing.
  • Footnotes: Vesting related to May 1, 2024; Nov 1, 2024; and Nov 3, 2025 RSU awards. The November 1, 2024 and November 3, 2025 grants vest on a scheduled quarterly timeline (see filing notes for full schedule).

Context

  • These entries represent routine RSU vesting and share withholding for taxes (F = tax withholding). RSU conversions (M) show $0 exercise price because the shares are issued upon vesting rather than purchased.
  • This is not an open-market sale or a purchase signal — withholding of shares to pay taxes is common and doesn’t necessarily indicate a view on company prospects.