Fortinet COO John Whittle Acquires Shares via Routine RSU Vesting with Tax Withholding
Fortinet, Inc.
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Filing Summary
š SEC Form 4 Filing: Fortinet, Inc. ($FTNT) Insider: Whittle John (Chief Operating Officer) Transaction Date: November 1, 2026
Details: ā¢ Acquired: 4,572 shares via RSU vesting (M) at $0.00 ā¢ Disposed (Tax Withholding): 2,309 shares (F) at $136.08 ($314,208.72) ā¢ Net Share Increase: +2,263 shares ā¢ Shares Owned After: 99,250 shares
Significance: Low (Routine vesting & mandatory tax withholding)
Comprehensive Analysis
Executive Summary
On November 3, 2026, Fortinet, Inc. ($FTNT) Chief Operating Officer John Whittle reported routine equity compensation transactions completed on November 1, 2026. The filing reflects the vesting of multiple tranches of Restricted Stock Units (RSUs) totaling 4,572 shares, alongside the withholding of 2,309 shares at $136.08 per share ($314,208.72 total value) to satisfy tax liabilities.
Transaction Details
- RSU Settlements (Code M):
- 1,608 shares acquired at $0.00
- 1,826 shares acquired at $0.00
- 1,138 shares acquired at $0.00
- Total Vesting: 4,572 shares
- Tax Withholding (Code F):
- 2,309 shares disposed of at $136.08 per share to cover statutory tax withholding obligations.
- Net Change in Beneficial Ownership: Net addition of 2,263 shares directly held, bringing total direct common stock ownership to 99,250 shares.
Market Impact & Significance
This filing represents standard, non-discretionary equity vesting and tax-withholding activity under Section 16b-3(e). There were no open-market purchases or sales, indicating low trading significance and no change in insider sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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