Fortinet awards 1,836 RSUs to director Napolitano

Napolitano Janet reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Napolitano Janet reported acquisition or exercise transactions in this Form 4 filing.

Fortinet, Inc. director Janet Napolitano received a grant of 1,836 Restricted Stock Units (RSUs), each representing one share of common stock upon settlement. The RSUs 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 the 2027 annual stockholders meeting, subject to continued service. Following this award, she directly holds 1,836 RSUs.

Insider Trade Summary

Grant/Award: 1,836 shares

Grant/Award 1 txn

Insider Napolitano Janet

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2, F3	1,836	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 1,836 contracts (Direct)

Footnotes (3)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement.
2. 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.
3. F3. RSUs do not expire; they either vest or are canceled prior to vest date

Key Figures

RSUs granted: 1,836 RSUs Transaction price per RSU: $0.00 per unit RSUs following transaction: 1,836 RSUs +2 more

5 metrics

RSUs granted 1,836 RSUs Grant of Restricted Stock Units reported for Janet Napolitano

Transaction price per RSU $0.00 per unit Equity award, not a cash purchase

RSUs following transaction 1,836 RSUs Direct holdings after the reported grant

First vesting date September 30, 2026 First of four scheduled vesting dates for the RSUs

Final vesting framework Earlier of June 30, 2027 or day before 2027 meeting Final installment vesting condition for the RSUs

Key Terms

Restricted Stock Units, contingent right, vest

3 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

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.

contingent right financial

"represents a contingent right to receive one share of the Issuer's common stock"

vest financial

"The RSUs will vest in substantially equal increments on each of the listed dates"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Fortinet (FTNT) report for Janet Napolitano?

Fortinet reported that director Janet Napolitano received a grant of 1,836 Restricted Stock Units (RSUs). These RSUs are a form of equity compensation that convert into an equal number of Fortinet common shares upon vesting and settlement, subject to continued service.

How many Fortinet (FTNT) RSUs were granted to Janet Napolitano and at what price?

Janet Napolitano was granted 1,836 RSUs with a stated transaction price of $0.00 per unit. This reflects an equity award, not a market purchase, where the value is compensation rather than shares bought for cash in the open market.

What is the vesting schedule for Janet Napolitano’s Fortinet (FTNT) RSUs?

The 1,836 RSUs vest in substantially equal increments on September 30, 2026, December 31, 2026, March 31, 2027, and the earlier of June 30, 2027 or the day before Fortinet’s 2027 annual stockholders meeting, subject to continued service.

What does each Fortinet (FTNT) RSU granted to Janet Napolitano represent?

Each RSU represents a contingent right to receive one share of Fortinet common stock upon settlement. The RSUs will either vest and convert into shares after each vesting date or be canceled if vesting conditions are not satisfied.

How many Fortinet (FTNT) RSUs does Janet Napolitano hold after this Form 4 transaction?

After this reported transaction, Janet Napolitano directly holds 1,836 RSUs. These RSUs will deliver Fortinet common shares only as they vest over the specified schedule and are then settled in stock.

Do the Fortinet (FTNT) RSUs granted to Janet Napolitano have an expiration date?

The filing states that RSUs do not expire; they either vest or are canceled before the vest date. This means there is no separate expiration date beyond the vesting framework described for the award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/13/2026 - 05:10 PM Accepted by SEC EDGAR 08/13/2026 - 05:09 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Napolitano Janet

(Last) (First) (Middle)

C/O FORTINET, INC.

909 KIFER ROAD

(Street)

SUNNYVALE CALIFORNIA 94086

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fortinet, Inc. [ FTNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	08/12/2026		A		1,836		(2)	(3)	Common Stock	1,836	$0	1,836	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement.

2. 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.

3. RSUs do not expire; they either vest or are canceled prior to vest date

	/s/ Robert Turner, by power of attorney	08/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)