Form 4: F5, Inc. CFO Francis J. Pelzer Sells 600 Shares of Common Stock
SEC Form 4
Francis J. Pelzer, EVP and CFO of F5, Inc., sold 600 shares of common stock at a price of $217.67 per share on October 21, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On October 21, 2024, Francis J. Pelzer, the EVP and Chief Financial Officer of F5, Inc. (FFIV), sold 600 shares of the company's common stock.
- The sale was executed at a price of $217.67 per share.
- Following the transaction, Pelzer directly owns 29,825 shares of F5, Inc. common stock.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan established on August 11, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on current market information.
Key Dates
| Date | Description |
|---|---|
| 08/11/2023 | Date of Rule 10b5-1 trading plan. |
| 10/21/2024 | Date of stock sale transaction. |
| 10/22/2024 | Date of signature on the SEC Form 4. |
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