Filing Details

Accession Number:
0001415889-25-021077
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-08-05 18:21:54
Reporting Period:
2025-08-01
Filing Date:
2025-08-05
Accepted Time:
2025-08-05 18:21:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1262039 Fortinet Inc. FTNT Computer Peripheral Equipment, Nec (3577) 770560389
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
2016813 Christiane Ohlgart C/O Fortinet, Inc.
909 Kifer Road
Sunnyvale CA 94086
Chief Financial Officer No No No No
Transaction Summary
Sold: 110 shares Avg. Price: $98.45 Total Value: $10,829.50
Number of Shares After Transactions: 6,393 shares
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-08-01 684 $0.00 6,746 No 4 M Direct
Common Stock Disposition 2025-08-01 243 $97.36 6,503 No 4 F Direct
Common Stock Disposition 2025-08-05 110 $98.45 6,393 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2025-08-01 684 $0.00 684 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,533 No 4 M Direct
Footnotes
  1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
  2. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.
  3. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025.
  4. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  5. 25% of the RSUs will vest on May 1, 2025, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
  6. RSUs do not expire; they either vest or are canceled prior to the vesting date.