Fortinet director Jean X. Hu receives 459 shares
Future vesting is subject to service and ends on the earlier of June 30, 2027, and the date immediately preceding Fortinet's 2027 annual meeting.
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Rhea-AI Filing Summary
Fortinet, Inc. director Jean X. Hu had 459 restricted stock units vest on September 30, 2026, with 459 common shares delivered following vesting. After the transaction, Hu reported 1,377 RSUs and 39,508 common shares held directly. Each RSU represents a contingent right to receive one common share upon settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 459 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 459 | $0.00 | $0.00 |
Footnotes (4)
- F1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 12, 2026.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- F3. 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.
- F4. 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
substantially equal increments financial
FAQ
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What is the vesting schedule for Jean X. Hu's FTNT RSUs?
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