Fortinet Officer Proposes Sale of 48 Shares
The reported sale involves shares received through restricted stock unit vesting from May 1 through August 1, 2026.
Rhea-AI Filing Summary
Fortinet, Inc. (FTNT) officer Margrit Christiane Ohlgart reported a proposed sale of 48 common shares, with an aggregate market value of $8,579.52 and an approximate sale date of September 24, 2026. The shares were acquired through restricted stock unit vesting during the period from May 1 through August 1, 2026. Morgan Stanley Smith Barney LLC Executive Financial Services is listed in connection with the sale.
Positive
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Negative
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Key Figures
Shares to be sold: 48 shares
Aggregate market value: $8,579.52
Shares outstanding: 733,713,653 shares
3 metrics
Shares to be sold
48 shares
Proposed sale; approximate sale date September 24, 2026
Aggregate market value
$8,579.52
Proposed sale
Shares outstanding
733,713,653 shares
Fortinet common stock
Key Terms
restricted stock units, aggregate market value, Rule 144
3 terms
restricted stock units financial
"acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"8579.52"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
FAQ
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