Fortinet director reports 1,500-share stock gift

Fortinet, Inc. director Kenneth A. Goldman reported an indirect gift of company stock through a family trust.

Rhea-AI Filing Summary

Fortinet, Inc. director Kenneth A. Goldman reported an indirect gift of company stock through a family trust. A trust associated with him, the Goldman-Valeriote Family Trust, made a bona fide gift of 1,500 shares of Fortinet common stock at a stated price of $0.0000 per share. After the gift, the trust held 19,250 shares. Separately, Goldman is shown with 22,819 shares held directly and 1,000 shares held indirectly through GV Partners L.P., a family limited partnership where he is the managing member. The filing reflects a non-market, charitable-style transfer rather than an open-market purchase or sale.

Insights

Insider transactions analyst

Filing shows a routine stock gift, not market buying or selling.

The Form 4 for Fortinet director Kenneth A. Goldman records a bona fide gift of 1,500 shares of common stock from the Goldman-Valeriote Family Trust at a stated price of $0.0000 per share. This is a non-market disposition.

Following the gift, the trust holds 19,250 shares, while Goldman is also reported with 22,819 shares held directly and 1,000 shares indirectly via GV Partners L.P. Because the transaction is a gift rather than an open-market trade, it carries limited informational value for assessing his view of the stock.

Insider Trade Summary

1,500 shares gifted

Gift 3 txns

Insider GOLDMAN KENNETH A

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	1,500	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 19,250 shares (Indirect, By Goldman-Valeriote Family Trust u/a/d 11/15/95); Common Stock — 1,000 shares (Indirect, By GV Partners L.P.); Common Stock — 22,819 shares (Direct)

Footnotes (2)

1. F1. The Reporting Person is a trustee of the Trust and may be deemed to have voting and dispositive power with regard to the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.
2. F2. GV Partners L.P. is a family limited partnership of which the Reporting Person is the managing member.

Key Figures

Gifted shares: 1,500 shares Trust holdings after gift: 19,250 shares Direct holdings: 22,819 shares +2 more

5 metrics

Gifted shares 1,500 shares Bona fide gift of Fortinet common stock

Trust holdings after gift 19,250 shares Goldman-Valeriote Family Trust post-transaction balance

Direct holdings 22,819 shares Shares held directly by Kenneth A. Goldman

GV Partners L.P. holdings 1,000 shares Shares held indirectly through GV Partners L.P.

Stated gift price $0.0000 per share Price per share on bona fide gift transaction

Key Terms

bona fide gift, family limited partnership, pecuniary interest, disclaims beneficial ownership

4 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift" for the 1,500-share transfer"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

family limited partnership financial

"GV Partners L.P. is a family limited partnership of which the Reporting Person is the managing member"

pecuniary interest financial

"disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein"

disclaims beneficial ownership financial

"The Reporting Person disclaims beneficial ownership of the shares held by the Trust"

FAQ

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

What insider transaction did Kenneth A. Goldman report at Fortinet (FTNT)?

Kenneth A. Goldman reported a bona fide gift of 1,500 shares of Fortinet common stock from the Goldman-Valeriote Family Trust at a stated price of $0.0000 per share. This reflects a non-market transfer rather than an open-market purchase or sale.

How many Fortinet (FTNT) shares did the family trust hold after the gift?

After the reported 1,500-share gift, the Goldman-Valeriote Family Trust held 19,250 shares of Fortinet common stock. This post-transaction balance is disclosed in the Form 4 as the total number of shares indirectly owned through the trust following the bona fide gift.

How many Fortinet (FTNT) shares does Kenneth A. Goldman hold directly and indirectly?

The filing shows Kenneth A. Goldman with 22,819 Fortinet shares held directly and 1,000 shares held indirectly through GV Partners L.P. Additionally, 19,250 shares are held indirectly through the Goldman-Valeriote Family Trust, where he may be deemed to have voting and dispositive power.

Was the Fortinet (FTNT) insider transaction a buy or sell of shares?

The transaction was neither an open-market buy nor sell. It was a bona fide gift of 1,500 Fortinet shares by the Goldman-Valeriote Family Trust at a stated price of $0.0000 per share, categorized as a non-derivative, non-market disposition.

What does the Fortinet (FTNT) Form 4 say about Kenneth A. Goldman’s beneficial ownership?

The filing notes Goldman may be deemed to have voting and dispositive power over trust-held shares but disclaims beneficial ownership except to the extent of his pecuniary interest. This clarifies his economic stake in the Goldman-Valeriote Family Trust’s Fortinet share holdings.

What role does GV Partners L.P. play in Kenneth A. Goldman’s Fortinet (FTNT) holdings?

GV Partners L.P. is described as a family limited partnership where Kenneth A. Goldman is the managing member. The Form 4 reports 1,000 Fortinet common shares held indirectly through this partnership, in addition to his direct and trust-related share positions.

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

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Accepted by SEC EDGAR 05/20/2026 - 06:21 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^*

GOLDMAN KENNETH A

(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)
05/19/2026

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
Common Stock	05/19/2026		G		1,500	D	$0	19,250	I	By Goldman-Valeriote Family Trust u/a/d 11/15/95(1)
Common Stock								1,000	I	By GV Partners L.P.(2)
Common Stock								22,819	D

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

Explanation of Responses:

1. The Reporting Person is a trustee of the Trust and may be deemed to have voting and dispositive power with regard to the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.

2. GV Partners L.P. is a family limited partnership of which the Reporting Person is the managing member.

	/s/ Robert Turner, by power of attorney	05/20/2026
	** 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)