Microsoft Corp MSFT:NASDAQ

Last Price$232.33NASDAQ Closing Price as of 4:00PM ET 1/26/21

Today's Change+2.80(1.22%)
Bid (Size)$240.90 (2)
Ask (Size)$240.92 (3)
Day Low / High$230.08 - 234.18
Volume49.2 M

Insider Trends: F5 Networks Insider Converts Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

6:31PM ET 8/04/2020 MT Newswires
Kara Lynn Sprague, EVP & GM, Application Services, exercised options/derivative securities for 2,421 shares of F5 Networks (FFIV) and sold 951 shares in the company for $129,241 to meet tax obligations on Aug 01, 2020. After accounting for tax obligations this transaction resulted in a net acquisition of 1,470 company shares. Sprague, after the transactions designated in the SEC Form 4 filing, owns 15,510 shares of company stock, which have a market value of $2.16 million as of the prior-day closing price. In addition the company has granted Sprague stock options of which 14,964 are currently in the money and have an approximate value of $2,080,744 as of yesterday's closing price.

In the 90 days prior to the date of this filing, there have been 13 insider transactions reported to the SEC for F5 Networks. These transactions came from the activities of 5 different insiders that resulted in a net acquisition of 14,185 company shares. Relative to the preceding 90-day window of time, there were 38 transactions from 21 insiders that resulted in the net acquisition of 23,263 shares.

This is less than the average level of insider transactions in the 188-company IT Services & Consulting peer group over the last 90-day period. Within the peer group activity averaged 98.4 transactions per company, and disposition of 24,409 shares on average.

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