Kenneth A. Goldman - Mar 12, 2025 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Role
Director
Signature
/s/ Robert Turner, by power of attorney
Stock symbol
FTNT
Transactions as of
Mar 12, 2025
Transactions value $
-$200,000
Form type
4
Date filed
3/12/2025, 07:33 PM
Previous filing
Mar 11, 2025
Next filing
Apr 1, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTNT Common Stock Sale -$200K -2K -9.7% $100.00 18.6K Mar 12, 2025 Direct F1
holding FTNT Common Stock 1K Mar 12, 2025 By GV Partners L.P.
holding FTNT Common Stock 20.8K Mar 12, 2025 By Goldman-Valeriote Family Trust u/a/d 11/15/95
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2024.