secwatch.observer — SEC 8-K summary
======================================

Issuer:     F5, INC. (FFIV)
CIK:        0001048695
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001048695-24-000169
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Frank Pelzer to retire Nov 18; to serve as consultant through May 2025
--------------------------------------------------------------------------

- Retirement effective upon filing FY2024 10-K, expected Nov 18, 2024.
- Pelzer will receive a lump sum payment of $315,125 and acceleration of 6,740 RSUs.
- Consulting agreement from Dec 1, 2024 to May 31, 2025 at $46,833.33 per month.
- Pelzer to act as senior advisor to successor CFO during consulting period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048695/000104869524000169/0001048695-24-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048695/000104869524000169/ffiv-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001048695-24-000169

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer