STOCK TITAN

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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Form Type
4

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 Hu Jean X.
Role Director
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
Holdings After Transaction: Restricted Stock Units — 1,377 contracts (Direct); Common Stock — 39,508 shares (Direct)
Footnotes (4)
  1. F1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 12, 2026.
  2. F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
  3. 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.
  4. F4. RSUs do not expire; they either vest or are canceled prior to vest date.
Restricted stock units vested 459 RSUs September 30, 2026
Common shares delivered 459 shares Following RSU vesting on September 30, 2026
RSUs following transaction 1,377 RSUs Reported after the September 30, 2026 transaction
Common shares following transaction 39,508 shares Reported after the September 30, 2026 transaction
Restricted Stock Units financial
"Vesting of restricted stock units"
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
"contingent right to receive one share"
substantially equal increments financial
"vest in substantially equal increments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FTNT shares did Jean X. Hu receive from RSU vesting?

Hu received 459 common shares following the vesting of 459 RSUs on September 30, 2026.

What is the vesting schedule for Jean X. Hu's FTNT RSUs?

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 the 2027 annual meeting. Vesting is subject to Hu providing services on each vesting date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Hu Jean X.

(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)
09/30/2026
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 Stock09/30/2026M(1)459A$039,508D
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(2)09/30/2026M(1)459 (3) (4)Common Stock459$01,377D
Explanation of Responses:
1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 12, 2026.
2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
3. 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.
4. RSUs do not expire; they either vest or are canceled prior to vest date.
/s/ Robert Turner, by power of attorney10/01/2026
** 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)

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