Form 4: F5, Inc. Executive Chad Michael Whalen Reports Stock Transactions
SEC Form 4
EVP Chad Michael Whalen reports acquisition and disposal of F5, Inc. common stock and restricted stock units.
Summary
- Chad Michael Whalen, EVP at F5, Inc., reported transactions involving the company's common stock and restricted stock units.
- On May 1, 2025, Whalen acquired 2,601 shares of common stock upon vesting of restricted stock units.
- Also on May 1, 2025, 1,023 shares were disposed of to cover tax obligations at a price of $264.74.
- On May 2, 2025, Whalen sold 1,532 shares of common stock at $269.03 per share.
- Following these transactions, Whalen directly owns 27,310 shares of F5, Inc. common stock.
- Whalen also holds 1,903, 5,596 and 7,173 restricted stock units respectively from awards in November 1, 2022, November 1, 2023, and November 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading. It provides transparency into the transactions of company executives, which is a standard practice in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions have no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/01/2022 | Date of service-based Restricted Stock Units award that vests in twelve equal quarterly increments beginning February 1, 2023. |
| 05/23/2024 | Date of Rule 10b5-1 trading plan. |
| 11/01/2023 | Date of service-based Restricted Stock Units award that vests in twelve equal quarterly increments beginning February 1, 2024. |
| 11/01/2024 | Date of service-based Restricted Stock Units award that vests in twelve equal quarterly increments beginning February 1, 2025. |
| 05/01/2025 | Acquisition of 2,601 shares upon vesting of Restricted Stock Units. |
| 05/01/2025 | Disposal of 1,023 shares to cover tax obligations. |
| 05/02/2025 | Sale of 1,532 shares of common stock. |
| 05/05/2025 | Date of signature for the Form 4 filing. |
Keywords
F5, Inc., Chad Michael Whalen, stock transactions, restricted stock units, Form 4, insider trading, FFIV
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