Fortinet director Kenneth A. Goldman acquires 459 shares
After vesting, Goldman reported 23,928 directly held common shares and 1,377 remaining RSUs.
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Form Type
4
Rhea-AI Filing Summary
Fortinet, Inc. director Kenneth A. Goldman had 459 restricted stock units vest on September 30, 2026, acquiring 459 common shares. His reported direct common-stock holdings afterward were 23,928 shares, and 1,377 RSUs remained. The filing also lists 19,250 shares held by the Goldman-Valeriote Family Trust and 1,000 shares held by GV Partners L.P.; Goldman disclaims beneficial ownership of the trust shares except to the extent of his pecuniary interest.
Insider Trade Summary
459 shares exercised/converted
Exercise
4 txns
Insider
GOLDMAN KENNETH A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F1, F5, F6 | 459 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 459 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,377 contracts (Direct);
Common Stock — 23,928 shares (Direct);
Common Stock — 19,250 shares (Indirect, By Goldman-Valeriote Family Trust u/a/d 11/15/95);
Common Stock — 1,000 shares (Indirect, By GV Partners L.P.)
Footnotes (6)
- F1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 12, 2026.
- F2. The Reporting Person is a trustee of the Trust and may be deemed to have voting and dispositive power with regard to the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.
- F3. GV Partners L.P. is a family limited partnership of which the Reporting Person is the managing member.
- F4. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- F5. 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.
- F6. RSUs do not expire; they either vest or are canceled prior to vest date.
Key Figures
Restricted stock units vested: 459 RSUs
Common shares acquired: 459 shares
RSUs following transaction: 1,377 RSUs
+3 more
6 metrics
Restricted stock units vested
459 RSUs
September 30, 2026
Common shares acquired
459 shares
Upon vesting on September 30, 2026
RSUs following transaction
1,377 RSUs
Reported after the September 30, 2026 transaction
Direct common shares following transaction
23,928 shares
Reported after the September 30, 2026 transaction
Shares held by Goldman-Valeriote Family Trust
19,250 shares
Indirect holding reported September 30, 2026
Shares held by GV Partners L.P.
1,000 shares
Indirect holding reported September 30, 2026
Key Terms
restricted stock units, beneficial ownership, pecuniary interest, family limited partnership
4 terms
restricted stock units technical
"Vesting of restricted stock units ("RSUs")"
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.
beneficial ownership regulatory
"disclaims beneficial ownership of the shares held by the Trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
family limited partnership financial
"is a family limited partnership of which the Reporting Person is the managing member"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the vesting schedule for Kenneth A. Goldman's Fortinet 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 and the date immediately preceding Fortinet's 2027 annual meeting, subject to Goldman providing services to Fortinet on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
