Fortinet Director Kenneth Goldman Acquires 459 Shares via RSU Vesting

Executive Summary

On October 1, 2026, Fortinet, Inc. (NASDAQ: FTNT) director Kenneth A. Goldman filed SEC Form 4 reporting the settlement of 459 restricted stock units (RSUs) on September 30, 2026. The transaction represents standard compensation vesting with no open-market trading.

Transaction Details

• Insider: Kenneth A. Goldman, Director
• Security: Common Stock
• Transaction Code: M (Exercise or conversion of derivative security exempted under Rule 16b-3)
• Shares Acquired: 459 shares at $0.00 per share
• Direct Ownership Post-Transaction: 23,928 shares
• Indirect Ownership Post-Transaction:
  • 19,250 shares held via Goldman-Valeriote Family Trust u/a/d 11/15/95
  • 1,000 shares held via GV Partners L.P.
• Derivative Holdings: Following the settlement of 459 RSUs, 1,377 unvested RSUs remain from the August 12, 2026 grant, scheduled to vest quarterly through mid-2027.

Market and Governance Assessment

• Trading Significance: Low. This filing reflects routine quarterly vesting of director equity compensation and does not involve an open-market purchase or disposition of shares.
• Selling Activity: None. There were no tax-withholding sales or 10b5-1 disposition trades reported in connection with this vest.