Form 4: F5, Inc. Executive Francis J. Pelzer Reports Changes in Beneficial Ownership
SEC Form 4
EVP and CFO of F5, Inc., Francis J. Pelzer, reports transactions involving common stock and restricted stock units.
Summary
- On November 1, 2024, Francis J. Pelzer, the EVP and Chief Financial Officer of F5, Inc., engaged in transactions involving F5, Inc. common stock and restricted stock units.
- Pelzer acquired 2,169 shares of common stock upon the vesting of restricted stock units awarded in November 2021, November 2022, and November 2023.
- He also disposed of 5,290 shares of common stock at a price of $233.88 per share.
- The transactions resulted in Pelzer owning 37,995 shares of common stock directly.
- Additionally, Pelzer holds 3,229 restricted stock units from the November 1, 2022 award and 7,022 restricted stock units from the November 1, 2023 award.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 11/01/2021 | Date of service-based Restricted Stock Units award that vests in twelve equal quarterly increments beginning February 1, 2022. |
| 11/01/2022 | Date of service-based Restricted Stock Units award that vests in twelve equal quarterly increments beginning February 1, 2023. |
| 11/01/2023 | Date of service-based Restricted Stock Units award that vests in twelve equal quarterly increments beginning February 1, 2024. |
| 02/01/2022 | Start date for quarterly vesting of November 1, 2021 Restricted Stock Units award. |
| 02/01/2023 | Start date for quarterly vesting of November 1, 2022 Restricted Stock Units award. |
| 02/01/2024 | Start date for quarterly vesting of November 1, 2023 Restricted Stock Units award. |
| 11/01/2024 | Date of reported transactions: vesting of restricted stock units and disposal of common stock. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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