Form 4: F5 CEO Locoh-Donou Reports Stock Transactions
SEC Form 4
F5, Inc. CEO Francois Locoh-Donou reports the vesting and disposal of restricted stock units and common stock.
Summary
- On February 1, 2025, Francois Locoh-Donou, the President, CEO, and Director of F5, Inc., engaged in transactions involving the company's common stock and restricted stock units.
- He acquired 7,173 shares of common stock upon the vesting of restricted stock units.
- He disposed of 2,837 shares of common stock at a price of $297.26.
- These transactions resulted in a net decrease in his directly held common stock from 160,584 to 157,747 shares.
- He also disposed of restricted stock units, reducing his holdings to 7,611, 17,664 and 23,253 respectively.
- The restricted stock units vest in equal quarterly increments.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| 02/01/2023 | Start date for vesting of November 1, 2022 award of service-based Restricted Stock Units in twelve equal quarterly increments. |
| 02/01/2024 | Start date for vesting of November 1, 2023 award of service-based Restricted Stock Units in twelve equal quarterly increments. |
| 11/01/2024 | Date of service-based Restricted Stock Units award. |
| 02/01/2025 | Date of transactions involving common stock and restricted stock units. |
| 02/01/2025 | Start date for vesting of November 1, 2024 award of service-based Restricted Stock Units in twelve equal quarterly increments. |
| 02/04/2025 | Date of signature on the report. |
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