Fortinet grants 1,836 RSUs to director Jean X. Hu
Hu Jean X. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hu Jean X. reported acquisition or exercise transactions in this Form 4 filing.
Fortinet, Inc. reported that director Jean X. Hu received a grant of 1,836 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Fortinet common stock upon settlement. Following this award, Hu holds 1,836 RSUs directly.
The RSUs are scheduled to vest in substantially equal increments on September 30, 2026, December 31, 2026, March 31, 2027, and the earlier of June 30, 2027 or the date immediately preceding Fortinet’s 2027 annual stockholders’ meeting, subject to continued service. RSUs do not expire; they either vest or are canceled before vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 1,836 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- F2. The RSUs will vest in substantially equal increments on each of September 30, 2026, December 31, 2026, March 31, 2027, and the earlier of (i) June 30, 2027 and (ii) the date immediately preceding the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
- F3. RSUs do not expire; they either vest or are canceled prior to vest date
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest financial
settlement financial
canceled prior to vest date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fortinet (FTNT) disclose about Jean X. Hu’s latest equity award?
How many Restricted Stock Units did Jean X. Hu receive from Fortinet (FTNT)?
What is the vesting schedule for Jean X. Hu’s 1,836 RSUs at Fortinet (FTNT)?
Do Jean X. Hu’s Fortinet (FTNT) RSUs have an expiration date?
How many RSUs does Jean X. Hu hold in Fortinet (FTNT) after this Form 4 transaction?
Does Jean X. Hu’s RSU grant from Fortinet (FTNT) involve any purchase price?
AI-generated analysis. How Rhea-AI works. Not financial advice.