Fortinet (FTNT) director Jean X. Hu gains 649 shares through RSU vesting
Rhea-AI Filing Summary
Fortinet, Inc. director Jean X. Hu increased her direct common stock holdings through vesting of restricted stock units (RSUs). On March 31, 2026, 649 RSUs granted on August 20, 2025 vested and were exercised into 649 shares of Fortinet common stock at a price of $0.00 per share.
Each RSU represents a contingent right to receive one share of common stock upon settlement. The RSUs from this grant vest in substantially equal increments on September 30, 2025, December 31, 2025, March 31, 2026, and the earlier of June 30, 2026 or the date immediately preceding Fortinet’s 2026 annual stockholder meeting, subject to continued service. Following this vesting event, Hu directly holds 38,399 shares of Fortinet common stock. The RSUs do not expire; they either vest or are canceled before vesting.
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Insider Trade Summary
Net Buyer: 649 shares
Net Buy
2 txns
Insider
Hu Jean X.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 649 | $0.00 | $0.00 |
| Exercise | Common Stock | 649 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 650 shares (Direct);
Common Stock — 38,399 shares (Direct)
Footnotes (4)
- F1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2025.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- F3. The RSUs will vest in substantially equal increments on each of September 30, 2025, December 31, 2025, March 31, 2026, and the earlier of (i) June 30, 2026 and (ii) the date immediately preceding the Issuer's 2026 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.
- F4. RSUs do not expire; they either vest or are canceled prior to vest date
Key Figures
RSUs vested and exercised: 649 units/shares
Exercise/settlement price: $0.00 per share
Shares held after transaction: 38,399 shares
+1 more
4 metrics
RSUs vested and exercised
649 units/shares
Vested and converted on March 31, 2026
Exercise/settlement price
$0.00 per share
Common stock received from RSUs
Shares held after transaction
38,399 shares
Direct Fortinet common stock holding after March 31, 2026
RSU grant date
August 20, 2025
Grant underlying the vested RSUs
Key Terms
Restricted Stock Units, RSUs, contingent right, vest, +1 more
5 terms
Restricted Stock Units financial
"Vesting of restricted stock units ("RSUs") granted to the Reporting Person"
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.
RSUs financial
"RSUs will vest in substantially equal increments on each of September 30, 2025"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
vest financial
"The RSUs will vest in substantially equal increments"
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.
canceled prior to vest date financial
"RSUs do not expire; they either vest or are canceled prior to vest date"
FAQ
What insider transaction did Fortinet (FTNT) director Jean X. Hu report?
Jean X. Hu reported the vesting and exercise of 649 restricted stock units into 649 shares of Fortinet common stock on March 31, 2026. This was a compensation-related derivative exercise at $0.00 per share, not an open-market stock purchase or sale.
What are the vesting terms of Jean X. Hu’s Fortinet (FTNT) RSUs?
The RSUs granted on August 20, 2025 vest in substantially equal increments on September 30, 2025, December 31, 2025, March 31, 2026, and the earlier of June 30, 2026 or the day before the 2026 annual meeting, subject to continued service.
How do Fortinet (FTNT) restricted stock units work in Jean X. Hu’s grant?
Each Fortinet restricted stock unit in this grant represents a contingent right to receive one share of common stock upon settlement. The RSUs do not expire; they either vest according to the schedule or are canceled before vesting if service conditions are not met.
Was Jean X. Hu’s Fortinet (FTNT) Form 4 a stock sale or purchase?
The Form 4 reports a derivative exercise, not an open-market sale or purchase. 649 RSUs vested and converted into 649 common shares at $0.00 per share as part of equity compensation, increasing Jean X. Hu’s direct share ownership in Fortinet.
AI-generated analysis. How Rhea-AI works. Not financial advice.
