5,355 RSUs Scheduled for Sale by FTNT (NASDAQ: FTNT) - Form 144

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 reporting a proposed sale of 5,355 restricted stock units of common stock for FTNT to be sold on 05/01/2026. The filing also shows that The Board of Trustees of the Leland Stanford Junior University sold 23,530 shares on 03/04/2026 for $1,955,157.11.

Insights

Securities Compliance Officer

Form 144 lists a scheduled sale of restricted stock units and a prior institutional sale.

The filing records a proposed sale of 5,355 restricted stock units on 05/01/2026

and an institutional sale of 23,530 shares on 03/04/2026 for $1,955,157.11. This is a routine broker‑filed notice under resale rules; cash‑flow treatment to or from the issuer is not detailed in the excerpt. Subsequent broker or transfer records will show execution details.

Key Figures

RSUs scheduled for sale: 5,355 shares Shares sold in past 3 months: 23,530 shares Aggregate sale value: $1,955,157.11 +1 more

4 metrics

RSUs scheduled for sale 5,355 shares Securities To Be Sold on <date>05/01/2026</date>

Shares sold in past 3 months 23,530 shares Sold on <date>03/04/2026</date>

Aggregate sale value $1,955,157.11 Proceeds reported for 23,530-share sale on <date>03/04/2026</date>

Form filed for exchange NASDAQ Exchange listed in filer information

Key Terms

Restricted Stock Units, Form 144, Issuer

3 terms

Restricted Stock Units financial

"Securities To Be Sold | Common | 05/01/2026 | 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.

Form 144 regulatory

"form_type: "144" in metadata and filing header lines"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Issuer regulatory

"Securities To Be Sold ... Restricted Stock Units | Issuer"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	5355	462082.95	739923583	05/04/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/01/2026	Restricted Stock Units	Issuer			5355	05/01/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 326 Galvez Street Stanford CA 94305	Common	03/04/2026	23530	1955157.11

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many FTNT restricted stock units are scheduled for sale in this Form 144?

The filing reports 5,355 restricted stock units scheduled for sale on 05/01/2026. These units are listed under "Securities To Be Sold" and were submitted through Morgan Stanley Smith Barney LLC as the filer.

Who sold shares during the past three months according to the filing for FTNT?

The Board of Trustees of the Leland Stanford Junior University is listed as having sold 23,530 shares on 03/04/2026, with a reported aggregate value of $1,955,157.11 shown in the excerpt.

What security type is specified for the 5,355 units in the Form 144?

The filing identifies the security as Restricted Stock Units of common stock and labels the transaction type as "Issuer" for the 5,355 units scheduled on 05/01/2026.

Which broker-dealer filed the Form 144 for these FTNT securities?

Morgan Stanley Smith Barney LLC is listed in the filer information with an address at 1 New York Plaza, 8th Floor, New York, NY 10004, and is shown as the submitting broker for the Form 144 transaction.