Form 4: F5, Inc. EVP and General Counsel Scot Frazier Rogers Reports Stock Sales

Scot Frazier Rogers, EVP and General Counsel of F5, Inc., reported the sale of common stock in multiple transactions on November 4, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On November 4, 2024, Scot Frazier Rogers, the EVP and General Counsel of F5, Inc., sold shares of F5 common stock.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan established on March 6, 2024.
• A total of 1,076 shares were sold at a weighted average price of $230.41, with prices ranging from $230.16 to $231.00.
• An additional 1,061 shares were sold at a weighted average price of $231.79, with prices ranging from $231.24 to $232.15.
• Finally, 2,398 shares were sold at a weighted average price of $232.55, with prices ranging from $232.26 to $232.99.
• Following these transactions, Rogers directly owns 22,314 shares of F5 common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard Form 4 filing reporting stock sales under a pre-arranged plan. There's no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider stock sales. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sales by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates