Insider trade

CFO sold ~$27K of FTNT shares in the open market

Traded May 11, 2026 · Filed May 14, 2026

FortinetFTNT

~$27K
Reported value · 238 sh @ $115.00: 9,818
Holds after · shares reported: +54.8%
stock since the trade · S&P 500 +3.3%, $115.44 → $178.72 on Oct 1

Why it stands out

The money chief of Fortinet sold $27K of Fortinet shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 11, 2026
Reporting period: Not applicable
Filed with the SEC: May 14, 2026

CFO$25K–$100KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$27,370

Shares × reported transaction price

Timing vs results

5 days after results of May 6, 2026, 79 days before results of Jul 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $115.44 on May 11, 2026, at its 52-week high, after a 48% rise over the previous 30 trading days

52-week range $74.39 (Aug 8, 2025) to $115.44 (May 11, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $78.20 on Mar 27, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Oct 16, 2025 in the U.S. District Court, N.D. California. A filing is an allegation, not a finding.

2 such cases were open. State of Rhode Island Office of the General Treasurer on Behalf of the Employees' Retirement System of the State of Rhode Island v. Fortinet, Inc., docket 3:25-cv-08888, via CourtListener (court records). Nature of suit 850, company named as first defendant