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Sim Judith reported acquisition or exercise transactions in this Form 4 filing.
Fortinet, Inc. director Judith Sim reported a routine equity compensation event involving restricted stock units (RSUs). On June 11, 2026, 650 RSUs vested and were settled into 650 shares of Fortinet common stock, increasing her directly held common stock to 129,542 shares.
The RSUs were granted on August 20, 2025 and each RSU represents a right to receive one share of common stock upon settlement. According to the vesting terms, the grant vests in substantially equal increments on September 30, 2025, December 31, 2025, March 31, 2026, and the earlier of June 30, 2026 or the day before Fortinet’s 2026 annual stockholder meeting, subject to continued service. RSUs do not expire; they either vest or are canceled before vesting.
Fortinet, Inc. director James G. Stavridis reported a routine equity compensation event involving 650 shares. On June 11, 2026, 650 Restricted Stock Units (RSUs) vested and were settled into 650 shares of Fortinet common stock at a stated price of $0.00 per share, reflecting an option/RSU exercise rather than an open-market purchase. Following this vesting, he directly holds 17,189 common shares. The RSUs were originally granted on August 20, 2025 and form part of a broader award that vests in substantially equal increments through mid-2026, conditional on continued service.
Fortinet director Jean X. Hu acquired 650 shares of common stock through the vesting of restricted stock units (RSUs). The RSUs, each representing a contingent right to one common share, vested as part of a grant awarded on August 20, 2025. Following this vesting and settlement, Hu directly holds 39,049 shares of Fortinet common stock.
Fortinet director Kenneth A. Goldman acquired 650 shares of common stock through the vesting of restricted stock units. These RSUs converted into common shares at a stated price of $0.00 per share. After this transaction, he holds 23,469 shares of Fortinet common stock directly.
In addition to his direct holdings, filings show 1,000 shares held indirectly through GV Partners L.P., a family limited partnership where he is the managing member, and 19,250 shares held indirectly through the Goldman-Valeriote Family Trust. As trustee, he may be deemed to have voting and dispositive power over the trust shares but disclaims beneficial ownership except for his pecuniary interest.
Fortinet, Inc. director and CTO Michael Xie reported bona fide gifts of 5,250 shares of common stock on June 4, 2026, all at a price of $0.00 per share. These are coded as "G" transactions, indicating non-market gifts rather than open-market sales.
Following the gifts, Xie holds 9,918,360 Fortinet shares directly and 9,918,860 shares indirectly through his spouse. Additional indirect holdings are reported through several family and grantor retained annuity trusts, with individual trust positions including 4,646,144, 5,513,505, and 25,680,202 shares as of the same date.
Fortinet, Inc.’s President & CEO Ken Xie reported a mix of stock option exercises and share sales. On June 2, 2026, he exercised 155,000 nonqualified stock options at $22.90 per share, converting them into common stock.
That same day, he sold 160,632 shares of common stock in multiple open-market transactions at weighted average prices generally between about $141.81 and $149.01, under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly holds 52,972,372 Fortinet shares, while his spouse holds an additional 4,848,774 shares indirectly reported as “by spouse.”
Fortinet, Inc. director and VP, Engineering & CTO Michael Xie reported open-market sales of 3,907 shares of common stock on June 3, 2026. The trades were executed at weighted average prices within ranges from $144.03 to $148.31 per share and were carried out under a Rule 10b5-1 trading plan adopted on March 4, 2026. Following these sales, Xie directly holds 9,923,610 shares of Fortinet common stock and also has substantial indirect holdings through several trusts, including 4,646,144 shares held by the 2010 K.A. Family Trust, 5,513,505 shares held by children’s trusts, and 25,680,202 shares in a grantor retained annuity trust for his benefit.
Fortinet-related Form 144 filing reports planned and recent sales of Common stock by holders and an issuer registration of Restricted Stock Units. The record lists an issuer entry for 3,907 RSUs with a grant date of 02/01/2026 and multiple reported dispositions by institutional holders and a 10b5-1 sale for Michael Xie on 05/04/2026.
FTNT submitted Form 144 notices reporting the proposed sale of 155,000 shares of common stock tied to an exercise of stock options, dated 06/02/2026. The filing also lists 5,632 restricted stock units dated 02/01/2026 and multiple recent institutional sales in May 2026.
The excerpt lists institutional dispositions: President and Fellows of Harvard College sold 2,034 shares on 05/19/2026 for $257,274.15, Creative Center of Los Altos sold 17,643 shares on 05/18/2026 for $2,183,144.82, UC Berkeley sold 3,941 shares on 05/18/2026 for $212,760.01, and a 10b5-1 sale by an individual shows 5,355 shares on 05/04/2026 for $476,033.80.
Fortinet, Inc. chief operating officer John Whittle reported an exercise-and-sell transaction in company stock. On May 21, 2026, he exercised options for a total of 146,015 shares of common stock at strike prices of $22.896 and $34.386 per share, then sold 146,015 shares in open-market trades.
The sales, executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026, were completed at weighted average prices around $128–$130 per share, with individual sale prices ranging from $127.48 to $129.71. The filing shows a net-sell position for this set of transactions.