Form 4: F5, Inc. Executive Thomas Dean Fountain Reports Stock Transactions
SEC Form 4 Filing
EVP Global Services & Strategy at F5, Inc., Thomas Dean Fountain, reports acquisition and disposal of company stock and restricted stock units.
Summary
- Thomas Dean Fountain, EVP Global Services & Strategy at F5, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 1, 2024, Fountain acquired shares through the vesting of restricted stock units: 678 shares from the November 1, 2021 award, 1,009 shares from the November 1, 2022 award, and 1,042 shares from the November 1, 2023 award.
- Also on August 1, 2024, 1,382 shares were disposed of.
- On August 2, 2024, Fountain sold 851 shares at a price of $192.71 per share.
- Following these transactions, Fountain directly owns 16,000 shares of F5, Inc. common stock.
- The sale of shares was executed pursuant to a Rule 10b5-1 trading plan dated November 3, 2023.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions. The sale was pre-planned under a 10b5-1 trading plan.
Industry Context
Executive stock transactions are common and are often scrutinized by investors for insights into management's perspective on the company's future performance.
Stakeholder Impact
- Shareholders may be interested in executive stock transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 11/03/2023 | Date of Rule 10b5-1 trading plan |
| 11/01/2021 | Date of service-based Restricted Stock Units award |
| 02/01/2022 | Vesting start date for November 1, 2021 award of service-based Restricted Stock Units |
| 11/01/2022 | Date of service-based Restricted Stock Units award |
| 02/01/2023 | Vesting start date for November 1, 2022 award of service-based Restricted Stock Units |
| 11/01/2023 | Date of service-based Restricted Stock Units award |
| 02/01/2024 | Vesting start date for November 1, 2023 award of service-based Restricted Stock Units |
| 08/01/2024 | Date of stock acquisition through vesting of restricted stock units |
| 08/02/2024 | Date of stock sale |
| 08/05/2024 | Date of Form 4 filing |
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