Kunal Anand, Chief Technology Officer of F5, Inc. (NASDAQ:FFIV), filed a Form 4 on November 3, 2026, disclosing RSU vestings on November 1, 2026, and a new RSU award granted on November 2, 2026.

Key Highlights

  • RSU vesting: 1,291 shares of common stock were acquired on November 1, 2026, upon vesting of the November 1, 2024, and November 3, 2025, service-based RSU awards, at a price of $0.
  • Tax withholding disposal: 2,577 shares were disposed of on November 1, 2026, at $338.34 per share to satisfy tax obligations (transaction code F).
  • New RSU award: 7,855 service-based Restricted Stock Units were granted on November 2, 2026, vesting in twelve equal quarterly increments beginning February 1, 2027.
  • Performance RSUs: Concurrent with the new service-based award, the company also granted Performance RSUs; at 100% achievement, Anand could receive 7,855 Performance RSUs, though the actual number may be more or less depending on performance.
  • Remaining direct ownership: Following all reported transactions, Anand directly owns 16,567 shares of common stock.
  • Derivative holdings: Anand holds 2,492 and 5,342 service-based RSUs remaining under earlier awards, plus 7,855 RSUs under the new November 2, 2026, award.

RSU Vestings, Share Disposal, and New Grant for F5's Chief Technology Officer

According to the filing, Kunal Anand, serving as Chief Technology Officer of F5, Inc., reported two RSU vesting events on November 1, 2026. A total of 1,291 shares were acquired at $0 upon the vesting of service-based RSUs originally awarded on November 1, 2024, and November 3, 2025. Simultaneously, 2,577 shares were disposed of at $338.34 per share under transaction code F, which the filing identifies as shares withheld to cover tax obligations. Following these transactions, Anand's direct beneficial ownership stood at 16,567 shares.

The filing further discloses that on November 2, 2026, Anand received a new grant of 7,855 service-based Restricted Stock Units. According to the filing, this award vests in twelve equal quarterly increments beginning February 1, 2027, contingent on Anand continuing to provide services to the company through each vest date. Each RSU represents a contingent right to receive one share of F5, Inc. common stock on the applicable vest date.

Concurrent with the service-based RSU grant, the company also awarded Anand Performance RSUs. The filing states that if performance targets are achieved at 100%, Anand could receive 7,855 Performance RSUs over the vesting period, but the actual number "may be more or less depending on whether and to the extent that performance is greater than or less than targets." Performance RSUs are not reported in Table II; underlying shares will be reported in Table I only if and when the Talent and Compensation Committee of the Board of Directors determines that performance targets have been achieved.

What Was Disclosed

The filing reports two RSU vestings totaling 1,291 shares acquired, a 2,577-share tax-related disposal at $338.34 per share, and a new grant of 7,855 service-based RSUs on November 2, 2026, alongside a concurrent Performance RSU award with an at-target value of 7,855 units.