STOCK TITAN

Fortinet (FTNT) CFO sells 756 shares in open-market Rule 10b5-1 trade

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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 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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED 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).
X
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*
Ohlgart Christiane

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/07/2026S(1)756D$11010,056D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025.
/s/ Robert Turner, by power of attorney05/08/2026
** Signature of Reporting PersonDate
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)

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.

How many Fortinet (FTNT) shares did the CFO sell, and at what price?

Christiane Ohlgart sold 756 shares of Fortinet Common Stock at $110.00 per share. This was a non-derivative, open-market sale reported in a Form 4 insider filing, detailing a single sale transaction completed on May 7, 2026.

How many Fortinet (FTNT) shares does the CFO hold after the reported sale?

After the reported transaction, CFO Christiane Ohlgart directly holds 10,056 shares of Fortinet Common Stock. This post-transaction holding figure comes from the Form 4, which discloses ownership immediately following the May 7, 2026 open-market sale.

Was the Fortinet (FTNT) CFO’s share sale made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Christiane Ohlgart on March 7, 2025. Such plans pre-schedule trades, providing structure for insider transactions independent of later market conditions.

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.