Derivative exercise or conversion — not an open-market buy.
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 OwnershipAll the details
Dates, kept separate
Transaction date
May 1, 2026
Reporting period
Not applicable
Filed with the SEC
May 6, 2026
DirectorOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001475586-26-000010
Filed / recorded
May 6, 2026, 1:29 AM UTC
Added to OQRO
Oct 2, 2026, 12:27 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
Fortinet, Inc.
Issuer CIK
1262039
Ticker
FTNT
Reporting person
Michael Xie
Relationship
Director, Officer
Officer title
VP, ENGINEERING & CTO
Security
Restricted Stock Units
Table
Derivative (Table II)
Transaction date
May 1, 2026
Transaction code
M
Shares / units
2,763
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
8,291
Ownership form
Direct
Amendment
No
Footnotes from the filing
Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
25% of the RSUs vested on February 1, 2024, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
RSUs do not expire; they either vest or are canceled prior to the vesting date.