Compensation award — excluded from discretionary-purchase analysis.
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
Jan 16, 2026
Reporting period
Not applicable
Filed with the SEC
Jan 21, 2026
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001475586-26-000002
Filed / recorded
Jan 21, 2026, 2:38 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
Performance Stock Units
Table
Derivative (Table II)
Transaction date
Jan 16, 2026
Transaction code
A
Shares / units
28,823
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
28,823
Ownership form
Direct
Amendment
No
Footnotes from the filing
Represents performance stock units ("PSUs") earned as a result of the achievement of performance criteria pursuant to performance-based PSU awards with a performance period that ended on December 31, 2025, as certified by the HR Committee of the Issuer's Board of Directors on January 16, 2026.
Each PSU represents a contingent right to receive one share of the Issuer's common stock.
100% of the PSUs vest and settle on February 1, 2026, subject to the Reporting Person's provision of service to the Issuer on such date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
PSUs do not expire; they either vest or are canceled prior to the vesting date.