=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-01
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: F5, INC. (FFIV)
CIK: 0001048695
--- Reporting Owner ---
Name: ANAND KUNAL
CIK: 0002016857
Role: Officer (Chief Technology Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-01 | Code: M (Exercise of derivative)
Shares: +10,294 | Price: $0.00
Shares Owned After: 19,366 | Ownership: D (Direct)
Footnotes:
[F1] Shares acquired upon the vesting of the May 1, 2024, November 1, 2024, and November 3, 2025 awards of service-based Restricted Stock Units.
[F2] Includes 101 shares acquired under the F5, Inc. Employee Stock Purchase Plan on April 30, 2026.
[Transaction #2]
Security: Common Stock
Date: 2026-05-01 | Code: F (Payment of exercise/tax)
Shares: -4,049 | Price: $323.20
Total Value: $1,308,636.80
Shares Owned After: 15,317 | Ownership: D (Direct)
[Transaction #3]
Security: Common Stock
Date: 2026-05-04 | Code: S (Open market sale)
Shares: -3,123 | Price: $322.33
Total Value: $1,006,636.59
Shares Owned After: 12,194 | Ownership: D (Direct)
Footnotes:
[F3] This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 10/29/2025.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Unit
Date: 2026-05-01 | Code: M (Exercise of derivative)
Shares: -623 | Price: $0.00
Shares Owned After: 3,737 | Ownership: D (Direct)
Footnotes:
[F4] Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
[F5] This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly beginning February 1, 2025.
[F6] If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
[Transaction #2]
Security: Restricted Stock Unit
Date: 2026-05-01 | Code: M (Exercise of derivative)
Shares: -668 | Price: $0.00
Shares Owned After: 6,678 | Ownership: D (Direct)
Footnotes:
[F4] Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
[F7] This November 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026.
[F6] If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
[Transaction #3]
Security: Restricted Stock Unit
Date: 2026-05-01 | Code: M (Exercise of derivative)
Shares: -9,003 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F4] Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
[F8] Fifty percent (50%) of this May 1, 2024 award of service-based Restricted Stock Units vests on May 1, 2025 and fifty percent (50%) vests on May 1, 2026.
[F6] If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
--- Footnotes (Complete Index) ---
F1: Shares acquired upon the vesting of the May 1, 2024, November 1, 2024, and November 3, 2025 awards of service-based Restricted Stock Units.
F2: Includes 101 shares acquired under the F5, Inc. Employee Stock Purchase Plan on April 30, 2026.
F3: This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 10/29/2025.
F4: Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
F5: This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly beginning February 1, 2025.
F6: If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
F7: This November 3, 2025 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2026.
F8: Fifty percent (50%) of this May 1, 2024 award of service-based Restricted Stock Units vests on May 1, 2025 and fifty percent (50%) vests on May 1, 2026.
--- Signature ---
/s/ /s/ Angelique M. Okeke by Power of Attorney (2026-05-05)
