F5 Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
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Computer Communications Equipment
Telecommunications
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers | ||||
On October 10, 2024, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mses. Julie Gonzalez and Maya McReynolds as directors. Mses. Gonzalez and McReynolds will serve as members of the Board’s Audit Committee.
In connection with their services as directors, Mses. Gonzalez and McReynolds will be entitled to the customary compensation arrangements for the Company’s non-employee directors (including entering into the Company’s standard indemnification agreement for directors and officers); an annual retainer in the amount of $60,000 and an annual payment of $20,000 as a member of the Audit Committee. The Board is expected to approve a grant to Mses. Gonzalez and McReynolds to be made effective November 1, 2024 under the F5, Inc. Incentive Plan of restricted stock units based on a prior average stock price value of $105,770 reflecting a pro-rata portion of the $250,000 annual grant value to directors.
| Item 8.01 | Other Events | ||||
On October 15, 2024, the Company issued a press release announcing the election to the Board of Mses. Gonzalez and McReynolds. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) Exhibits:
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| F5, INC. (Registrant) | ||||||||||||||
| Date: October 15, 2024 | By: | /s/ Scot F. Rogers | ||||||||||||
| Scot F. Rogers | ||||||||||||||
| Executive Vice President and General Counsel | ||||||||||||||