SEC Form 4 · accession 0001475586-26-000016
Fortinet, Inc. · FTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Xie
Officer — VP, ENGINEERING & CTO · Director
Period of report
Jun 4, 2026
Accepted (ET)
Jun 5, 2026 · 6:17 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001262039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 4, 2026 | G | 2,500 | $0.00 | D | 9,921,110 | D | |
| Common Stock | Jun 4, 2026 | G | 2,250 | $0.00 | D | 9,918,860 | I | By Spouse |
| Common Stock | Jun 4, 2026 | G | 500 | $0.00 | D | 9,918,360 | D | |
| Common StockF1 | holding | — | — | — | 25,680,202 | I | By trust | |
| Common StockF2 | holding | — | — | — | 5,513,505 | I | By trust | |
| Common StockF3 | holding | — | — | — | 5,513,505 | I | By trust | |
| Common StockF4 | holding | — | — | — | 4,646,144 | I | By trust | |
| Common StockF5 | holding | — | — | — | 4,646,144 | I | By trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are held by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.
- F2Shares held directly by the KAXX Trust under The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
- F3Shares held directly by the KAJJ Trust under The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
- F4These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person.
- F5These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person's spouse.