F5, INC.·4

May 5, 5:45 PM ET

OKEKE ANGELIQUE M 4

4 · F5, INC. · Filed May 5, 2026

Research Summary

AI-generated summary of this filing

Updated

F5 (FFIV) EVP Angelique Okeke Exercises RSUs, Sells 1,539 Shares

What Happened

  • Angelique M. Okeke, EVP & General Counsel of F5, had service‑based Restricted Stock Units (RSUs) vest on May 1, 2026, which converted into 1,775 shares (reported as derivative conversion/exercise, code M).
  • To satisfy tax withholding (code F), 697 of those shares were surrendered at an implied value of $323.20 per share (total value $225,270).
  • Separately, 842 shares were sold in the open market on May 4, 2026 at $322.33 per share under a Rule 10b5-1 trading plan (code S), generating $271,402 in proceeds.
  • Net from this vesting event, Okeke retained 236 shares (1,775 vested − 697 withheld − 842 sold).

Key Details

  • Transaction dates and prices:
    • May 1, 2026: RSU conversion to 1,775 shares (conversion price $0.00 per share — RSUs convert to shares).
    • May 1, 2026: 697 shares withheld for taxes at $323.20 (value $225,270).
    • May 4, 2026: 842 shares sold in open market at $322.33 (proceeds $271,402); sale executed under a 10b5-1 plan (footnote F2).
  • Net shares retained from this vesting: 236 shares.
  • Footnotes: RSUs stem from multiple service‑based awards (May/Nov 2024, May/Nov 2025); each RSU = one share (F1, F3, F5–F8). The May 4 sale was pursuant to a 10b5‑1 plan (F2).
  • Filing: Form 4 filed on May 5, 2026 reporting these transactions (reporting period May 1, 2026). No timeliness flag was provided in the filing information supplied.

Context

  • These were RSU vesting events (not option purchases). The tax withholding (F) is a routine surrender of vested shares to cover tax obligations rather than a cash payment. The May 4 sale was preplanned under a Rule 10b5‑1 plan, which indicates the sale was executed according to a predetermined schedule.

Insider Transaction Report

Form 4
Period: 2026-05-01
OKEKE ANGELIQUE M
EVP, General Counsel
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-01+1,7753,649 total
  • Tax Payment

    Common Stock

    2026-05-01$323.20/sh697$225,2702,952 total
  • Sale

    Common Stock

    [F2]
    2026-05-04$322.33/sh842$271,4022,110 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F3][F4][F5]
    2026-05-01113227 total
    Exercise: $0.00Common Stock (113 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3][F6][F5]
    2026-05-013753,002 total
    Exercise: $0.00Common Stock (375 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3][F7][F5]
    2026-05-019532,860 total
    Exercise: $0.00Common Stock (953 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3][F8][F5]
    2026-05-013343,340 total
    Exercise: $0.00Common Stock (334 underlying)
Footnotes (8)
  • [F1]Shares acquired upon the vesting of the May 1, 2024, November 1, 2024, May 1, 2025 and November 3, 2025 awards of service-based Restricted Stock Units.
  • [F2]This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 10/30/2025.
  • [F3]Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
  • [F4]The service-based Restricted Stock Units (RSUs) outstanding under this November 1, 2024 grant vest as follows: 113 vest May 1, 2025, 113 vest August 1, 2025, 114 vest November 1, 2025, 113 vest February 1, 2026, 113 vest May 1, 2026, 113 vest August 1, 2026, and 114 vest November 1, 2026.
  • [F5]If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
  • [F6]This May 1, 2024 award of service-based Restricted Stock Units vests 25% on May 1, 2025, with the remaining balance vesting in twelve equal quarterly increments beginning August 1, 2025 until the award is fully vested on May 1,2028.
  • [F7]This May 1, 2025 award of service-based Restricted Stock Units vests 25% on May 1, 2026, with the remaining balance vesting in twelve equal quarterly increments beginning August 1, 2026 until the award is fully vested on May 1, 2029.
  • [F8]This November 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026.
Signature
/s/ Angelique M. Okeke|2026-05-05

Documents

1 file
  • 4
    wk-form4_1778017537.xmlPrimary

    FORM 4