Every Form 4 that Fortinet, Inc. (FTNT) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow FTNT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FTNT filings page.
Xie Michael reported acquisition or exercise transactions in this Form 4 filing.
Fortinet, Inc. reported that VP, Engineering & CTO Michael Xie received a grant of 18,792 restricted stock units. Each RSU represents a right to receive one share of Fortinet common stock.
According to the award terms, 25% of the RSUs will vest on February 1, 2027. The remaining 75% will vest in equal quarterly installments after that date until the award is fully vested, as long as he continues providing services to the company on each vesting date. The RSUs do not expire; they will either vest on schedule or be canceled before vesting, and shares are delivered upon settlement.
Xie Ken reported acquisition or exercise transactions in this Form 4 filing.
Fortinet, Inc. President and CEO Ken Xie reported receiving a grant of 31,320 restricted stock units (RSUs) on February 20, 2026. Each RSU represents a right to receive one share of Fortinet common stock, with no purchase price listed for the award.
25% of the RSUs will vest on February 1, 2027, and the remaining 75% will vest in equal quarterly installments until the award is fully vested, as long as Xie continues providing services to Fortinet on each vesting date. Following this grant, he directly holds 31,320 RSUs.
Fortinet, Inc. Chief Operating Officer John Whittle reported equity award vesting and related tax share withholding. On February 1, 2026, several restricted stock unit (RSU) and performance stock unit (PSU) grants converted into shares of Fortinet common stock at an exercise price of $0 per unit.
Following these conversions and other movements, Whittle held 105,412 shares of common stock before tax withholding. To cover federal and state tax obligations from RSU vesting, 12,951 shares of common stock were withheld at $81.26 per share, leaving him with 92,461 shares owned directly after the transactions.
Fortinet Chief Financial Officer Christiane Ohlgart reported multiple equity transactions involving company stock and restricted stock units. On February 1, 2026, RSUs vested and were settled into 685 and 2,600 shares of common stock at $0 exercise price. To cover tax withholding from this vesting, 1,255 shares of common stock were relinquished at a value of $81.26 per share. On February 3, 2026, she sold 507 shares of common stock at $80.73 per share under a pre-established Rule 10b5-1 trading plan. After these transactions, she directly owned 8,247 shares of Fortinet common stock, along with 6,163 and 7,801 RSUs that continue to vest over time.
Fortinet, Inc. President & CEO Ken Xie reported multiple equity award transactions and share sales. On February 2, 2026, he exercised a nonqualified stock option for 134,880 shares of common stock at $16.898 per share, then sold three blocks of common stock totaling 80,392 shares at a weighted average of $81.057, 94,170 shares at $81.7179, and 1,175 shares at $82.3304, pursuant to a Rule 10b5-1 trading plan.
On February 1, 2026, restricted stock units and performance stock units vested, resulting in issuances of 6,020, 6,260, 4,558, 9,101, and 62,109 common shares, and 42,685 shares were withheld at $81.26 to cover tax obligations. After these transactions, he directly owned 51,396,385 common shares, with additional indirect holdings through trusts and a spouse.
Fortinet, Inc. VP, Engineering & CTO and director Michael Xie reported multiple equity transactions in early February 2026. On February 1, 2026, several blocks of previously granted RSUs and PSUs vested, resulting in issuances of 2,030, 2,764, 2,243, 5,200, and 28,823 shares of common stock at $0 exercise price. A separate transaction labeled code F on the same date shows 18,975 shares withheld at $81.26 to cover tax obligations related to vesting.
On February 2, 2026, Xie exercised a fully vested nonqualified stock option for 324,285 shares at an exercise price of $16.898 per share and then sold common stock in three open‑market tranches: 129,378 shares at a weighted average price of $81.0089, 204,282 shares at $81.6387, and 9,446 shares at $82.2831. These sales were executed under a Rule 10b5‑1 trading plan adopted on December 10, 2024. Following these transactions, he directly held over ten million Fortinet shares and also reported substantial indirect holdings through multiple family and grantor trusts.
Fortinet, Inc. reported that its President and CEO, Ken Xie, received an award of 62,109 performance stock units (PSUs) on January 16, 2026. These PSUs were earned based on performance criteria for a period that ended on December 31, 2025, as certified by the HR Committee of the board. Each PSU represents a contingent right to receive one share of Fortinet common stock at an exercise price of $0. The filing states that 100% of the PSUs are scheduled to vest and settle on February 1, 2026, if Xie continues to provide service to the company on that date, at which time shares will be delivered. The PSUs are held directly and either vest in full or are canceled before the vesting date.
Fortinet, Inc. chief operating officer John Whittle reported an award of 19,962 performance stock units (PSUs) on January 16, 2026. These PSUs were earned based on performance criteria for a performance period that ended on December 31, 2025, as certified by the HR Committee of Fortinet’s board. Each PSU represents the right to receive one share of Fortinet common stock.
The filing states that 100% of the PSUs vest and settle on February 1, 2026, as long as Whittle continues to provide service to Fortinet on that date, at which time shares will be delivered to him. After this transaction, he beneficially owns 19,962 derivative securities in the form of PSUs, held directly. The PSUs do not have a traditional expiration date; they either vest or are canceled before vesting.
Fortinet, Inc. director and executive Michael Xie reported the acquisition of 28,823 performance stock units (PSUs) on January 16, 2026. These PSUs were earned based on the achievement of performance criteria for a performance period that ended on December 31, 2025, as certified by the HR Committee of Fortinet’s board. Each PSU represents a contingent right to receive one share of Fortinet common stock. All 28,823 PSUs are scheduled to vest and settle on February 1, 2026, provided Xie continues to provide service to the company through that date, at which time the corresponding shares will be delivered. The PSUs do not have an expiration date; they either vest in full on the vesting date or are canceled if vesting conditions are not met.
Fortinet, Inc. director reports routine equity award vesting and updated holdings. On 12/31/2025, 649 restricted stock units (RSUs) vested and were settled into 649 shares of Fortinet common stock at an exercise price of $0. These RSUs are part of a grant made on August 20, 2025, that vests in several scheduled increments through 2026, subject to continued service.
Following this transaction, the reporting person beneficially owns 22,170 Fortinet shares directly. In addition, they report indirect ownership of 20,750 shares through the Goldman-Valeriote Family Trust and 1,000 shares through GV Partners L.P. The filing also shows 1,299 RSUs remaining beneficially owned, each representing a right to receive one share of Fortinet common stock upon future vesting.
Fortinet (FTNT) President & CEO reported insider transactions on Form 4. On 11/01/2025, RSUs vested (6,015; 6,260; 4,557), and 8,347 shares were withheld to cover taxes at $86.43. On 11/03/2025, he exercised 150,000 stock options at $16.898 and executed sales under a Rule 10b5‑1 plan adopted on December 9, 2024: 40,471 shares at a weighted average price of $85.496, 57,868 at $86.3647, and 60,146 at $87.3295.
Following these transactions, he beneficially owned 51,391,879 shares directly. Additional holdings are reported indirectly by trusts and spouse.
Fortinet (FTNT) Form 4: The CFO reported equity activity. On 11/01/2025, 685 common shares were acquired via RSU vesting at $0. To cover taxes, 244 shares were withheld at $86.43, leaving 6,834 shares directly held. On 11/04/2025, 110 shares were sold at $86.50 under a Rule 10b5-1 plan adopted March 7, 2025, reducing direct holdings to 6,724 shares.
Derivative holdings include 6,848 RSUs. Each RSU equals one share; 25% vest on May 1, 2025, with the remaining 75% vesting in equal quarterly installments, subject to continued service.
Fortinet (FTNT) executive Ken Xie, VP, Engineering & CTO and a director, reported routine equity activity. On 11/01/2025, 7,035 restricted stock units vested (transactions coded M) and shares were acquired at $0 per unit. To cover withholding taxes, 3,489 shares were surrendered at a price of $86.43 (code F).
On 11/03/2025, he sold 3,546 shares in three transactions under a Rule 10b5-1 trading plan adopted on December 10, 2024: 700 shares at a weighted average price of $85.3664, 1,642 shares at $86.4197, and 1,204 shares at $87.3483 (codes S). Following these transactions, directly held common stock was 10,492,018 shares.
Fortinet (FTNT) reported an insider equity transaction by its Chief Operating Officer. On 11/01/2025, previously granted RSUs vested and were settled into common stock via code M, adding 1,180, 1,608, and 1,827 shares at $0. To cover withholding taxes tied to the vesting, 2,290 shares were disposed of at $86.43 under code F, a Section 16b-3(e) exempt transaction. Following these transactions, the reporting person held 76,280 shares directly.