Fortinet, Inc.
Christiane Ohlgart (Chief Financial Officer) reports FTNT insider transactions
AI-generated summary
Chief Financial Officer Christiane Ohlgart received 1,636 shares from RSU vesting and disposed of 777 shares for tax withholding at an average price of $136.08, with a total value of $105,734. After these transactions, the insider directly held 11,204 shares of common stock.
Key facts
- Insider
- Christiane Ohlgart · Chief Financial Officer
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Nov 1, 2026 | M · exercise or conversion of a derivativeFootnotes F1 | +685 | $0.00 | $0.00 | 11,030 | Direct |
| Nov 1, 2026 | M · exercise or conversion of a derivativeFootnotes F1 | +650 | $0.00 | $0.00 | 11,680 | Direct |
| Nov 1, 2026 | M · exercise or conversion of a derivativeFootnotes F1 | +301 | $0.00 | $0.00 | 11,981 | Direct |
| Nov 1, 2026 | F · tax withholdingFootnotes F2 | −777 | $136.08 | $105,734.16 | 11,204 | Direct |
| Nov 1, 2026 | M · exercise or conversion of a derivativeRestricted Stock UnitsFootnotes F3, F1, F4, F5 | −685 | $0.00 | $0.00 | 4,109 | Direct |
| Nov 1, 2026 | M · exercise or conversion of a derivativeRestricted Stock UnitsFootnotes F3, F1, F6, F5 | −650 | $0.00 | $0.00 | 5,851 | Direct |
| Nov 1, 2026 | M · exercise or conversion of a derivativeRestricted Stock UnitsFootnotes F3, F1, F7, F5 | −301 | $0.00 | $0.00 | 3,007 | Direct |
Footnotes
- F1 Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- F2 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.
- F3 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F4 25% of the RSUs vested on May 1, 2025, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
- F5 RSUs and PSUs do not expire; they either vest or are canceled prior to the vesting date.
- F6 25% of the RSUs will vest on February 1, 2026, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
- F7 25% of the RSUs vested on May 1, 2026, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.