F5 (FFIV) executive compensation, 2026 proxy

François Locoh-Donou, President and Chief Executive Officer, was paid $23M in fiscal 2025, up 28% from $18M the year before. The CEO-to-median-employee pay ratio was 142:1, on median employee pay of $162,795.

Filed
January 26, 2026
Annual meeting
March 12, 2026
Pay year
fiscal 2025
Named executives
6
CEO total pay
$23M+28% vs prior year
CEO to median employee
142:1median $162,795
CEO pay in equity
90%$20.6M in awards
Prior say-on-pay support
91%of votes cast
CEO Total Compensation
$23,039,819Fiscal year 2025
CEO Pay Ratio
142:1Compared to median employee
Median Employee Pay
$162,795Fiscal year 2025
Say-on-Pay Support
91%Prior year approval

How Locoh-Donou was paid

$23M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Stock awards90%Non-equity incentive6%All other compensation0%

Named executive officers

ExecutiveTotal
François Locoh-DonouPresident and Chief Executive Officer$23,039,819
Cooper WernerExecutive VP and Chief Financial Officer$3,656,085
Tom FountainChief Operating Officer$8,249,875
John MaddisonExecutive VP and Chief Marketing Officer$5,295,456
Chad WhalenChief Revenue Officer$6,532,314
Frank PelzerFormer Executive VP and Chief Financial Officer$2,925,351

What changed and why

  • $23MCEO total compensation increased to $23,039,819 in fiscal year 2025 from $18,044,442 in fiscal year 2024.
  • Short-term incentive cash bonuses were paid based on corporate financial performance metrics.
  • Long-term incentives consisted of performance-based and service-based restricted stock units.
  • 91%Approximately 91% of shareholders approved the advisory vote on executive compensation last year.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.