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Fortinet (FTNT) grants director Kenneth A. Goldman 1,836 RSUs vesting through 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GOLDMAN KENNETH A reported acquisition or exercise transactions in this Form 4 filing.

Fortinet, Inc. reported that director Kenneth A. Goldman received a grant of 1,836 Restricted Stock Units (RSUs) on August 12, 2026. Each RSU represents a contingent right to receive one share of Fortinet 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 Fortinet’s 2027 annual meeting of stockholders, subject to continued service. Following this grant, Goldman directly holds 1,836 RSUs, which either vest or are canceled; they do not expire.

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Insider GOLDMAN KENNETH A
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 shares (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
RSUs granted 1,836 units Restricted Stock Units awarded to director Kenneth A. Goldman on August 12, 2026
Underlying common stock 1,836 shares Each RSU represents one share of Fortinet common stock upon settlement
Post-grant RSU holdings 1,836 units Total RSUs directly held by Kenneth A. Goldman after the reported grant
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"
vesting financial
"The RSUs will vest in substantially equal increments on each of September 30, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What equity award did Kenneth A. Goldman receive from FTNT?
Kenneth A. Goldman received a grant of 1,836 Restricted Stock Units (RSUs) from Fortinet. Each RSU represents a right to receive one share of Fortinet common stock upon settlement, subject to future vesting conditions tied to his continued service.

When do Kenneth A. Goldman’s new FTNT RSUs vest?
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 date immediately preceding Fortinet’s 2027 annual stockholders meeting, assuming continued service.

How many FTNT RSUs does Kenneth A. Goldman hold after this transaction?
After this award, Kenneth A. Goldman directly holds 1,836 Restricted Stock Units. These RSUs either vest on the specified future dates or are canceled before vesting; they do not have a traditional expiration date like stock options.

What does each FTNT RSU granted to Kenneth A. Goldman represent?
Each RSU represents a contingent right to receive one share of Fortinet common stock upon settlement. Shares of common stock will be delivered to Kenneth A. Goldman only after the applicable vesting dates are satisfied through continued service.

Do Kenneth A. Goldman’s FTNT RSUs have an expiration date?
The RSUs do not expire in the traditional sense; they either vest or are canceled prior to the scheduled vesting dates. If vesting conditions are met, Fortinet common shares are delivered following vesting; otherwise, the unvested RSUs are forfeited.

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Form 4 Insider Transactions: What Each Field Means →
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).
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)
XDirector10% 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)
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
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
Restricted Stock Units$0(1)08/12/2026A1,836 (2) (3)Common Stock1,836$01,836D
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 attorney08/13/2026
** 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)

Source: View Original Filing on SEC EDGAR