Fortinet awards Judith Sim 1,836 stock units
Sim Judith reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sim Judith reported acquisition or exercise transactions in this Form 4 filing.
Fortinet, Inc. director Judith Sim received a grant of 1,836 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Fortinet common stock upon settlement. The RSUs vest in four substantially equal installments 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. RSUs do not expire; they either vest or are canceled before vesting. Following this grant, Sim holds 1,836 RSUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 1,836 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- 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.
- F3. RSUs do not expire; they either vest or are canceled prior to vest date
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest financial
canceled prior to vest date financial
FAQ
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