F5 Officer Edward Werner Files Form 144 to Sell $194K in Stock

Executive Summary

On November 3, 2026, Edward Werner, an Officer of F5, INC. ($FFIV), filed a Form 144 notifying the SEC of a proposed sale of 599 shares of common stock through Morgan Stanley Smith Barney LLC. The estimated market value of the proposed transaction is $194,405.45, reflecting an approximate price of $324.55 per share.

Transaction Details

• Securities Class: Common Stock
• Number of Shares to be Sold: 599
• Aggregate Market Value: $194,405.45
• Shares Outstanding: 56,627,182
• Percentage of Outstanding Shares: <0.01%
• Approximate Sale Date: November 3, 2026
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Origin of Shares: Acquired on November 1, 2026, via Restricted Stock Unit (RSU) vesting from the issuer.
• Pre-Arranged Trading Plan: Adopted under Rule 10b5-1 on December 3, 2025.

Trading Significance Assessment

The trading significance is rated Low for the following reasons:

1. Routine Nature: The sale involves recently vested RSUs (acquired on November 1, 2026), commonly conducted to cover tax obligations or rebalance personal holdings.
2. Rule 10b5-1 Plan: The proposed sale was scheduled under a trading plan adopted almost a year prior (December 3, 2025), removing discretionary market timing implications.
3. De Minimis Size: The 599 shares represent an insignificant fraction (<0.01%) of F5's 56.6 million shares outstanding.