---
schema_version: "secwatch.filing_event.v1"
accession: "0001048695-22-000027"
form_type: "8-K"
ticker: "FFIV"
cik: "0001048695"
company_name: "F5, INC."
filed_at: "2022-10-11T23:59:59+00:00"
generated_at: "2026-06-23T04:14:25.651947+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# F5 appoints Marianne Budnik to board of directors; brings cybersecurity expertise

## Summary
- Appointment effective October 7, 2022; Budnik will serve on Audit & Risk Oversight Committee.
- Ms. Budnik is CMO of Talon Cyber Security; previously CMO at CrowdStrike and CyberArk.
- Receives $60K annual retainer, $20K committee fee, and pro-rata RSU grant of ~$105K.
- Board expands to 12 members (11 independent); 7 of last 8 directors added are diverse.

## SEC filing metadata
- accession: 0001048695-22-000027
- form_type: 8-K
- ticker: FFIV
- cik: 0001048695
- company_name: F5, INC.
- filed_at: 2022-10-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048695/000104869522000027/0001048695-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048695/000104869522000027/ffiv-20221007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048695-22-000027
- JSON: https://secwatch.observer/filing/0001048695-22-000027.json
- Plain text: https://secwatch.observer/filing/0001048695-22-000027.txt

## Key facts
- Executive change
  Marianne Budnik was appointed as director at F5, INC..
  - Action: appointed
  - Role: director
  source text: On October 7, 2022, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Ms. Marianne Budnik as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869522000027/0001048695-22-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.