Fortinet (FTNT) CFO sells 756 shares in open-market Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fortinet, Inc. Chief Financial Officer Christiane Ohlgart reported an open-market sale of company stock. On May 7, 2026, she sold 756 shares of Common Stock at a price of $110.00 per share.
The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan that she adopted on March 7, 2025. Following this sale, Ohlgart directly holds 10,056 shares of Fortinet common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 756 shares ($83,160)
Net Sell
1 txn
Insider
Ohlgart Christiane
Role
Chief Financial Officer
Sold
756 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 756 | $110.00 | $83K |
Holdings After Transaction:
Common Stock — 10,056 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 756 shares
Sale price per share: $110.00 per share
Shares held after transaction: 10,056 shares
+2 more
5 metrics
Shares sold
756 shares
Open-market sale of Common Stock on May 7, 2026
Sale price per share
$110.00 per share
Price for the May 7, 2026 open-market sale
Shares held after transaction
10,056 shares
Direct ownership following the reported sale
Net shares sold
756 shares
Net sell shares from transactionSummary
Transaction count (sales)
1 sale
Single non-derivative open-market sale reported in Form 4
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action":"open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title":"Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Fortinet (FTNT) report for its CFO?
Fortinet reported that CFO Christiane Ohlgart executed an open-market sale of 756 shares of Common Stock at $110.00 per share. The transaction reflects a single reported sale of non-derivative shares on May 7, 2026, under a pre-arranged trading plan.
What type of security did the Fortinet (FTNT) CFO sell in this Form 4?
The transaction involved Fortinet’s Common Stock, classified as a non-derivative security. The Form 4 shows a single open-market sale of 756 common shares at $110.00 per share, with updated direct ownership of 10,056 common shares afterward.