# F5, Inc. (FFIV) insider trading

> In the 12 months to Nov 3, 2026, 13 FFIV insiders reported open-market sales of $29.1M across 50 filings; no open-market purchases were filed.

Canonical: https://massive.com/quote/ffiv/insider-trading
Latest filing: 2026-09-15 (last 12 months; source: SEC EDGAR)
Source: Massive (https://massive.com/docs/llms.txt)

## Summary

| Measure | Value | Detail |
| --- | --- | --- |
| Open-market sales | $29.1M | 50 filings · 13 insiders |
| Open-market purchases | $0 | 0 filings |
| Pre-arranged sales (10b5-1) | 44 of 50 | $25.2M of $29.1M sold (87%) |

## Open-market trades by insider

| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
| --- | --- | --- | --- | --- | --- | --- |
| Thomas Dean Fountain | EVP Global Services & Strategy | $7.1M | — | 15 | 100% of sales | 2026-08-06 |
| Francois Locoh-Donou | President, CEO & Director | $5.5M | — | 6 | 100% of sales | 2026-08-06 |
| Chad Michael Whalen | EVP, Worldwide Sales | $5.2M | — | 5 | 100% of sales | 2026-08-04 |
| Edward Cooper Werner | Chief Financial Officer | $2.5M | — | 6 | 100% of sales | 2026-08-04 |
| Michael F. Montoya | Chief Technology Ops Officer | $1.8M | — | 1 | 100% of sales | 2026-09-15 |
| Nikhil Ramesh Mehta | Director | $1.6M | — | 1 | — | 2026-08-03 |
| Kunal Anand | Chief Technology Officer | $1.3M | — | 3 | 100% of sales | 2026-08-04 |
| John Anthony Maddison | Chief Product Mkting Officer | $1.1M | — | 4 | 100% of sales | 2026-09-15 |
| Michael L. Dreyer | Director | $866.1K | — | 1 | — | 2026-02-23 |
| Alan Higginson | Director | $797.6K | — | 2 | — | 2026-02-20 |
| Angelique M. Okeke | EVP, General Counsel | $587.1K | — | 3 | 100% of sales | 2026-08-04 |
| Elizabeth Buse | Director | $399.3K | — | 1 | — | 2026-06-12 |
| Lyra Amber Schramm | Chief People Officer | $318.3K | — | 2 | 18% of sales | 2026-02-05 |

## Open-market trades by filing

50 filings in the last 12 months, newest first.

| Filed | Traded | Insider | Role | Type | Shares | Avg price | Value | Held after | Filing |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-09-15 | 2026-09-14 | Michael F. Montoya | Chief Technology Ops Officer | Sale (10b5-1) | 4,426 | $410.16 | $1.8M | 3,922 | — |
| 2026-09-15 | 2026-09-14 | John Anthony Maddison | Chief Product Mkting Officer | Sale (10b5-1) | 204 | $406.24 | $82.9K | 1,149 | — |
| 2026-08-06 | 2026-08-05 | Francois Locoh-Donou | President, CEO & Director | Sale (10b5-1) | 3,782 | $412.44 | $1.6M | 147,513 | — |
| 2026-08-06 | 2026-08-05 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,208 | $414.63 | $500.9K | 8,060 | — |
| 2026-08-04 | 2026-08-03 | Chad Michael Whalen | EVP, Worldwide Sales | Sale (10b5-1) | 703 | $404.86 | $284.6K | 21,536 | — |
| 2026-08-04 | 2026-08-03 | Kunal Anand | Chief Technology Officer | Sale (10b5-1) | 392 | $404.63 | $158.6K | 12,586 | — |
| 2026-08-04 | 2026-08-03 | Edward Cooper Werner | Chief Financial Officer | Sale (10b5-1) | 599 | $405.92 | $243.1K | 406 | — |
| 2026-08-04 | 2026-08-03 | John Anthony Maddison | Chief Product Mkting Officer | Sale (10b5-1) | 1,000 | $405.85 | $405.9K | 1,353 | — |
| 2026-08-04 | 2026-08-03 | Angelique M. Okeke | EVP, General Counsel | Sale (10b5-1) | 515 | $404.49 | $208.3K | 2,240 | — |
| 2026-08-03 | 2026-07-30 | Nikhil Ramesh Mehta | Director | Sale | 4,000 | $388.95 | $1.6M | 7,699 | — |
| 2026-06-12 | 2026-06-10 | Elizabeth Buse | Director | Sale | 1,000 | $399.35 | $399.3K | 4,947 | — |
| 2026-06-03 | 2026-06-02 | Edward Cooper Werner | Chief Financial Officer | Sale (10b5-1) | 2,500 | $400.00 | $1.0M | 406 | — |
| 2026-05-12 | 2026-05-08 | Chad Michael Whalen | EVP, Worldwide Sales | Sale (10b5-1) | 6,200 | $350.19 | $2.2M | 20,832 | — |
| 2026-05-12 | 2026-05-08 | Edward Cooper Werner | Chief Financial Officer | Sale (10b5-1) | 1,500 | $350.00 | $525.0K | 2,906 | — |
| 2026-05-07 | 2026-05-05 | Francois Locoh-Donou | President, CEO & Director | Sale (10b5-1) | 3,783 | $337.39 | $1.3M | 147,852 | — |
| 2026-05-07 | 2026-05-05 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,328 | $330.58 | $439.0K | 8,060 | — |
| 2026-05-05 | 2026-05-04 | Chad Michael Whalen | EVP, Worldwide Sales | Sale (10b5-1) | 704 | $330.30 | $232.5K | 27,032 | — |
| 2026-05-05 | 2026-05-04 | Kunal Anand | Chief Technology Officer | Sale (10b5-1) | 3,123 | $322.33 | $1.0M | 12,194 | — |
| 2026-05-05 | 2026-05-04 | Edward Cooper Werner | Chief Financial Officer | Sale (10b5-1) | 599 | $322.33 | $193.1K | 4,406 | — |
| 2026-05-05 | 2026-05-04 | John Anthony Maddison | Chief Product Mkting Officer | Sale (10b5-1) | 1,000 | $322.33 | $322.3K | 2,149 | — |
| 2026-05-05 | 2026-05-04 | Angelique M. Okeke | EVP, General Counsel | Sale (10b5-1) | 842 | $322.33 | $271.4K | 2,110 | — |
| 2026-03-26 | 2026-03-25 | Francois Locoh-Donou | President, CEO & Director | Sale (10b5-1) | 3,334 | $300.00 | $1.0M | 146,989 | — |
| 2026-03-26 | 2026-03-25 | Edward Cooper Werner | Chief Financial Officer | Sale (10b5-1) | 1,000 | $300.00 | $300.0K | 4,305 | — |
| 2026-03-09 | 2026-03-06 | Chad Michael Whalen | EVP, Worldwide Sales | Sale (10b5-1) | 688 | $277.05 | $190.6K | 26,329 | — |
| 2026-03-05 | 2026-03-04 | Francois Locoh-Donou | President, CEO & Director | Sale (10b5-1) | 3,755 | $283.53 | $1.1M | 153,958 | — |
| 2026-03-05 | 2026-03-04 | Edward Cooper Werner | Chief Financial Officer | Sale (10b5-1) | 969 | $282.20 | $273.5K | 5,305 | — |
| 2026-02-23 | 2026-02-20 | Michael L. Dreyer | Director | Sale | 3,067 | $282.41 | $866.1K | 1,309 | — |
| 2026-02-20 | 2026-02-19 | Alan Higginson | Director | Sale | 1,770 | $275.25 | $487.2K | 6,840 | — |
| 2026-02-11 | 2026-02-10 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,297 | $278.32 | $361.0K | 8,060 | — |
| 2026-02-11 | 2026-02-10 | Kunal Anand | Chief Technology Officer | Sale (10b5-1) | 377 | $278.32 | $104.9K | 8,971 | — |
| 2026-02-11 | 2026-02-10 | John Anthony Maddison | Chief Product Mkting Officer | Sale (10b5-1) | 1,000 | $280.66 | $280.7K | 2,925 | — |
| 2026-02-11 | 2026-02-10 | Angelique M. Okeke | EVP, General Counsel | Sale (10b5-1) | 386 | $278.32 | $107.4K | 1,874 | — |
| 2026-02-05 | 2026-02-03 | Lyra Amber Schramm | Chief People Officer | Sale (10b5-1) | 199 | $281.37 | $56.0K | 177 | — |
| 2026-01-28 | 2026-01-26 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 3,343 | $261.87 | $875.4K | 8,060 | — |
| 2026-01-22 | 2026-01-20 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $262.73 | $291.6K | 11,403 | — |
| 2026-01-14 | 2026-01-12 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $265.00 | $294.2K | 12,513 | — |
| 2026-01-07 | 2026-01-05 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $263.79 | $292.8K | 13,623 | — |
| 2025-12-30 | 2025-12-29 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,100 | $262.86 | $289.1K | 14,733 | — |
| 2025-12-23 | 2025-12-22 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $257.90 | $286.3K | 15,833 | — |
| 2025-12-17 | 2025-12-15 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $264.76 | $293.9K | 16,943 | — |
| 2025-12-10 | 2025-12-08 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $248.66 | $276.0K | 18,053 | — |
| 2025-12-04 | 2025-12-03 | Alan Higginson | Director | Sale | 1,309 | $237.11 | $310.4K | 8,610 | — |
| 2025-12-03 | 2025-12-01 | Francois Locoh-Donou | President, CEO & Director | Sale (10b5-1) | 1,300 | $236.99 | $308.1K | 150,323 | — |
| 2025-12-03 | 2025-12-01 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $236.99 | $263.1K | 19,163 | — |
| 2025-11-25 | 2025-11-24 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $234.92 | $260.8K | 20,273 | — |
| 2025-11-19 | 2025-11-18 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 1,110 | $227.44 | $252.5K | 21,383 | — |
| 2025-11-05 | 2025-11-04 | Lyra Amber Schramm | Chief People Officer | Sale | 1,062 | $246.97 | $262.3K | 0 | — |
| 2025-11-04 | 2025-11-03 | Francois Locoh-Donou | President, CEO & Director | Sale (10b5-1) | 1,300 | $252.98 | $328.9K | 151,623 | — |
| 2025-11-04 | 2025-11-03 | Thomas Dean Fountain | EVP Global Services & Strategy | Sale (10b5-1) | 8,318 | $249.78 | $2.1M | 25,863 | — |
| 2025-11-04 | 2025-11-03 | Chad Michael Whalen | EVP, Worldwide Sales | Sale (10b5-1) | 9,436 | $249.77 | $2.4M | 32,894 | — |

## Other insider activity (not market trades)

- Option exercises: 42 records
- Tax withholding: 33 records
- Grants and awards: 6 records
- Gifts: 2 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

## How to read this page

- **Open-market purchase or sale**: A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- **Pre-arranged (10b5-1)**: The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
- **Filing date**: Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.

## FAQ

### Has F5, Inc.'s CEO sold stock?

Yes. Francois Locoh-Donou (CEO) sold 17,254 shares ($5.5M) between Nov 2025 and Aug 2026, all under a pre-arranged 10b5-1 plan.

### How current is FFIV’s insider data?

These are FFIV Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

### What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

## Live data

This page joins two Massive endpoints: Form 4 filings and daily prices. The FFIV Form 4 request:

- `GET https://api.massive.com/stocks/filings/vX/form-4?tickers=FFIV&filing_date.gte=2025-11-03&sort=filing_date.desc&limit=500`

Requests need a Massive API key. API reference for agents: https://massive.com/docs/llms.txt. Connect an AI agent through the Massive MCP server: https://massive.com/docs/ai-tools.

## Related

- [F5, Inc. (FFIV) stock price](https://massive.com/quote/ffiv.md)
- [Recent insider trading](https://massive.com/quote/insider-trading.md)
- [Markets overview](https://massive.com/quote/index.md)

Nothing here is investment advice. Data and content are provided for informational purposes under the Massive Terms of Service: https://massive.com/terms