Fortinet Director Judith Sim Acquires 459 Shares via RSU Vesting
Fortinet, Inc.
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Filing Summary
# Fortinet, Inc. (FTNT) - Form 4 Filing Summary
**Insider:** Sim Judith
**Title:** Director
**Transaction Date:** September 30, 2026
**Transaction Code:** M (Derivative Conversion)
**Shares Acquired:** 459
**Price:** $0.00
**Value:** $0.00
**Ending Direct Ownership:** 130,001 shares
**Significance:** Low (Routine RSU Vesting)
Comprehensive Analysis
Fortinet, Inc. (FTNT) Form 4 Analysis
Overview On October 1, 2026, Fortinet, Inc. filed a Form 4 disclosing a transaction by Director Judith Sim on September 30, 2026.
Transaction Breakdown
- Security: Common Stock
- Transaction Code: M (Exercise or conversion of derivative security exempted pursuant to Rule 16b-3)
- Shares Acquired: 459 shares
- Price per Share: $0.00 (settlement of Restricted Stock Units)
- Post-Transaction Holdings: 130,001 shares held directly
Derivative Activity
- 459 Restricted Stock Units (RSUs) vested and were converted into common stock, leaving 1,377 unvested RSUs from the original August 12, 2026 grant. The remaining RSUs will continue to vest quarterly through mid-2027.
Significance The transaction is categorized as Low significance. It reflects the routine quarterly vesting of compensatory director equity rather than an open-market purchase or discretionary insider sale.
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