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[Form 4] Fortinet, Inc. Insider Trading Activity

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

Fortinet, Inc. (FTNT) director Judith Sim reported the vesting and resulting acquisition of 649 shares on 09/30/2025 under previously granted restricted stock units (RSUs). Each RSU represents the contingent right to receive one share upon settlement, and the reported transaction shows a $0 price because the shares were delivered on vesting. Following this transaction, the reporting person beneficially owned 127,594 shares of Fortinet common stock and held a total of 1,948 RSU-derived share equivalents reported in the filing. The RSUs granted on 08/20/2025 vest in substantially equal increments on 09/30/2025, 12/31/2025, 03/31/2026, and the earlier of 06/30/2026 or the day before the 2026 annual meeting, subject to continued service; RSUs do not expire.

Fortinet, Inc. (FTNT) direttore Judith Sim ha riferito il vesting e l'acquisizione risultante di 649 azioni il 30/09/2025 nell'ambito di unità azionarie restritte precedentemente concesse (RSU). Ogni RSU rappresenta il diritto condizionato a ricevere una azione al regolamento, e la transazione riportata mostra un prezzo di $0 poiché le azioni sono state consegnate al vesting. Dopo questa operazione, la persona che segnala deteneva in modo beneficial 127.594 azioni ordinarie Fortinet e deteneva un totale di 1.948 equivalenti di azioni derivati dalle RSU riportati nella presentazione. Le RSU concesse il 20/08/2025 vestono in incrementi sostanzialmente uguali il 30/09/2025, il 31/12/2025, il 31/03/2026 e l'anticipo della data della riunione annuale 2026, al verificarsi di una continua prestazione; le RSU non scadono.

Fortinet, Inc. (FTNT) director(a) Judith Sim reportó el vesting y la adquisición resultante de 649 acciones el 30/09/2025 bajo unidades de acciones restringidas (RSU) previamente otorgadas. Cada RSU representa el derecho contingente a recibir una acción al liquidarse, y la transacción reportada muestra un precio de $0 porque las acciones fueron entregadas al vesting. Tras esta transacción, la persona reportante poseía de manera beneficiosa 127,594 acciones ordinarias Fortinet y poseía un total de 1,948 equivalentes de acciones derivados de RSU reportados en la presentación. Las RSU concedidas el 20/08/2025 vencen en incrementos sustancialmente iguales el 30/09/2025, el 31/12/2025, el 31/03/2026, y la fecha anterior a la reunión anual de 2026, sujeto a la continuidad del servicio; las RSU no vencen.

Fortinet, Inc. (FTNT) 이사 Judith Sim은 이전에 부여된 제한 주식 단위(RSU) 아래 2025년 9월 30일649 주의 vesting 및 그에 따른 취득을 보고했습니다. 각 RSU는 기간 종료 시 한 주를 받을 수 있는 조건부 권리를 나타내며, 보고된 거래는 주식이 vesting될 때 전달되었기 때문에 $0의 가격을 보여줍니다. 이 거래 이후 보고자 보유 주식은 Fortinet의 일반주식 127,594주를 사실상 소유하게 되었으며, 보고서에 보고된 RSU 파생 주식 등가물의 총계는 1,948주였습니다. 2025년 8월 20일에 부여된 RSU는 2025년 9월 30일, 2025년 12월 31일, 2026년 3월 31일의 기본 등가로 거의 동일하게 vesting되며, 2026년 연례주총 전일 중 더 이른 날짜 이전까지의 지속적 서비스 조건 하에; RSU는 만료되지 않습니다.

Fortinet, Inc. (FTNT) administratrice Judith Sim a rapporté la constitution et l'acquisition résultante de 649 actions le 30/09/2025 dans le cadre d'unités d'actions restreintes (RSU) précédemment accordées. Chaque RSU représente le droit conditionnel de recevoir une action à la liquidation, et la transaction signalée montre un prix de $0 car les actions ont été livrées lors du vesting. Suite à cette transaction, la personne déclarant détenait de manière bénéficiaire 127 594 actions ordinaires Fortinet et détenait un total de 1 948 équivalents d'actions dérivés RSU reportés dans le présent document. Les RSU accordées le 20/08/2025 vestent par incréments sensiblement égaux le 30/09/2025, le 31/12/2025, le 31/03/2026, et la date précédente de la réunion annuelle 2026, sous réserve d'une poursuite de service; les RSU n'expirent pas.

Fortinet, Inc. (FTNT) Direktorin Judith Sim meldete das Vesting und den damit verbundenen Erwerb von 649 Aktien am 30.09.2025 im Rahmen zuvor gewährter Restricted Stock Units (RSUs). Jede RSU repräsentiert das bedingte Recht, bei Abwicklung eine Aktie zu erhalten, und die gemeldete Transaktion zeigt einen Preis von $0, da die Aktien beim Vesting geliefert wurden. Nach dieser Transaktion war die meldende Person stilvoll besitzt 127.594 Fortinet Stammaktien und hielt insgesamt 1.948 RSU-abgeleitete Aktienäquivalente, die in der Einreichung berichtet wurden. Die am 20.08.2025 gewährten RSUs vesten in wesentlichen gleichen Teilbeträgen am 30.09.2025, 31.12.2025, 31.03.2026 und dem früheren Datum der jährlichen Versammlung 2026, vorbehaltlich weiterer Dienste; RSUs verfallen nicht.

Fortinet, Inc. (FTNT) مديرة Judith Sim ذكرت إتمام الاستحقاق والاكتساب الناتج عن 649 سهمًا في 30/09/2025 بموجب وحدات الأسهم المقيدة (RSUs) الممنوحة سابقًا. تمثل كل RSU الحق الشرطي لتلقي سهم واحد عند التسوية، وتُظهر المعاملة المبلغ price $0 لأن الأسهم تم تسليمها عند الاستحقاق. بعد هذه المعاملة أصبحت الشخص المفصح عنه يمتلك بنوايا مفيدة 127,594 سهمًا من أسهم فورتينيتي العادية ويمتلك إجمالي 1,948 مكافئ سهم مشتق من RSU المبلغ في الإيداع. RSUs الممنوحة في 20/08/2025 تستحق بالتقسيط بزيادات تقارب متساوية في 30/09/2025، 31/12/2025، 31/03/2026، وفي أقرب موعد قبل اجتماع الجمعية السنوي 2026، رهنا باستمرار الخدمة؛ RSUs لا تنتهي صلاحيتها.

Fortinet, Inc. (FTNT) 董事 Judith Sim 在 2025/09/30 根据先前授予的受限制股票单位(RSU)报告了归属及由此获得的 649 股。每个 RSU 代表在结算时获得一股的有条件权利,所报告的交易显示为 $0 的价格,因为股票在归属时已交付。此交易后,报告人实际拥有 Fortinet 普通股 127,594 股,并在文件中报告了 1,948 RSU 派生的股票等价物总计。2025/08/20 授予的 RSU 将在 2025/09/302025/12/312026/03/31 的基本等额逐步归属,且在 2026 年年度会议日之前的较早日期之前归属,须持续任职;RSU 到期日并不设限。

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Fortinet, Inc. (FTNT) direttore Judith Sim ha riferito il vesting e l'acquisizione risultante di 649 azioni il 30/09/2025 nell'ambito di unità azionarie restritte precedentemente concesse (RSU). Ogni RSU rappresenta il diritto condizionato a ricevere una azione al regolamento, e la transazione riportata mostra un prezzo di $0 poiché le azioni sono state consegnate al vesting. Dopo questa operazione, la persona che segnala deteneva in modo beneficial 127.594 azioni ordinarie Fortinet e deteneva un totale di 1.948 equivalenti di azioni derivati dalle RSU riportati nella presentazione. Le RSU concesse il 20/08/2025 vestono in incrementi sostanzialmente uguali il 30/09/2025, il 31/12/2025, il 31/03/2026 e l'anticipo della data della riunione annuale 2026, al verificarsi di una continua prestazione; le RSU non scadono.

Fortinet, Inc. (FTNT) director(a) Judith Sim reportó el vesting y la adquisición resultante de 649 acciones el 30/09/2025 bajo unidades de acciones restringidas (RSU) previamente otorgadas. Cada RSU representa el derecho contingente a recibir una acción al liquidarse, y la transacción reportada muestra un precio de $0 porque las acciones fueron entregadas al vesting. Tras esta transacción, la persona reportante poseía de manera beneficiosa 127,594 acciones ordinarias Fortinet y poseía un total de 1,948 equivalentes de acciones derivados de RSU reportados en la presentación. Las RSU concedidas el 20/08/2025 vencen en incrementos sustancialmente iguales el 30/09/2025, el 31/12/2025, el 31/03/2026, y la fecha anterior a la reunión anual de 2026, sujeto a la continuidad del servicio; las RSU no vencen.

Fortinet, Inc. (FTNT) 이사 Judith Sim은 이전에 부여된 제한 주식 단위(RSU) 아래 2025년 9월 30일649 주의 vesting 및 그에 따른 취득을 보고했습니다. 각 RSU는 기간 종료 시 한 주를 받을 수 있는 조건부 권리를 나타내며, 보고된 거래는 주식이 vesting될 때 전달되었기 때문에 $0의 가격을 보여줍니다. 이 거래 이후 보고자 보유 주식은 Fortinet의 일반주식 127,594주를 사실상 소유하게 되었으며, 보고서에 보고된 RSU 파생 주식 등가물의 총계는 1,948주였습니다. 2025년 8월 20일에 부여된 RSU는 2025년 9월 30일, 2025년 12월 31일, 2026년 3월 31일의 기본 등가로 거의 동일하게 vesting되며, 2026년 연례주총 전일 중 더 이른 날짜 이전까지의 지속적 서비스 조건 하에; RSU는 만료되지 않습니다.

Fortinet, Inc. (FTNT) administratrice Judith Sim a rapporté la constitution et l'acquisition résultante de 649 actions le 30/09/2025 dans le cadre d'unités d'actions restreintes (RSU) précédemment accordées. Chaque RSU représente le droit conditionnel de recevoir une action à la liquidation, et la transaction signalée montre un prix de $0 car les actions ont été livrées lors du vesting. Suite à cette transaction, la personne déclarant détenait de manière bénéficiaire 127 594 actions ordinaires Fortinet et détenait un total de 1 948 équivalents d'actions dérivés RSU reportés dans le présent document. Les RSU accordées le 20/08/2025 vestent par incréments sensiblement égaux le 30/09/2025, le 31/12/2025, le 31/03/2026, et la date précédente de la réunion annuelle 2026, sous réserve d'une poursuite de service; les RSU n'expirent pas.

Fortinet, Inc. (FTNT) Direktorin Judith Sim meldete das Vesting und den damit verbundenen Erwerb von 649 Aktien am 30.09.2025 im Rahmen zuvor gewährter Restricted Stock Units (RSUs). Jede RSU repräsentiert das bedingte Recht, bei Abwicklung eine Aktie zu erhalten, und die gemeldete Transaktion zeigt einen Preis von $0, da die Aktien beim Vesting geliefert wurden. Nach dieser Transaktion war die meldende Person stilvoll besitzt 127.594 Fortinet Stammaktien und hielt insgesamt 1.948 RSU-abgeleitete Aktienäquivalente, die in der Einreichung berichtet wurden. Die am 20.08.2025 gewährten RSUs vesten in wesentlichen gleichen Teilbeträgen am 30.09.2025, 31.12.2025, 31.03.2026 und dem früheren Datum der jährlichen Versammlung 2026, vorbehaltlich weiterer Dienste; RSUs verfallen nicht.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
Sim Judith

(Last) (First) (Middle)
C/O FORTINET, INC.
909 KIFER ROAD

(Street)
SUNNYVALE CA 94086

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Fortinet, Inc. [ FTNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/30/2025 M(1) 649 A $0 127,594 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(2) 09/30/2025 M(1) 649 (3) (4) Common Stock 649 $0 1,948 D
Explanation of Responses:
1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2025.
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, 2025, December 31, 2025, March 31, 2026, and the earlier of (i) June 30, 2026 and (ii) the date immediately preceding the Issuer's 2026 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 attorney 10/02/2025
** Signature of Reporting Person Date
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.
Fortinet

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Software - Infrastructure
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United States
SUNNYVALE