Insider trade

Officer sold ~$7.08M of FTNT shares in the open market

Traded May 21, 2026 · Filed May 23, 2026

FortinetFTNT

~$7.08M
Reported value · 55K sh @ $128.7431: 99K
Holds after · shares reported: +38.0%
stock since the trade · S&P 500 +2.9%, $129.46 → $178.72 on Oct 1

Why it stands out

Fortinet's CHIEF OPERATING OFFICER sold $7.08M 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 21, 2026
Reporting period: Not applicable
Filed with the SEC: May 23, 2026

Officer$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$7,078,167

Shares × reported transaction price

Timing vs results

15 days after results of May 6, 2026, 69 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 $129.46 on May 21, 2026, within 1% of its 52-week high, after a 61% rise over the previous 30 trading days

52-week range $74.39 (Aug 8, 2025) to $130.00 (May 20, 2026), 99% of the way up, from 251 adjusted closes. 30 trading days earlier: $80.66 on Apr 9, 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

After it was reported

After	Stock	S&P 500	Difference
7 days	+11.1%	+1.2%	+9.9%
30 days	+11.9%	-2.2%	+14.1%
90 days	+13.5%	+1.7%	+11.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001476336-26-000010
Filed / recorded: May 23, 2026, 12:03 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: John Whittle
Relationship: Officer
Officer title: CHIEF OPERATING OFFICER
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 21, 2026
Transaction code: S
Shares / units: 54,979
Price per share: $128.7431
Acquired / disposed: Disposed (D)
Shares owned after: 98,940
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 19, 2026.
Represents the weighted average sale price. The lowest price at which shares were sold was $128.48 and the highest price at which shares were sold was $129.46. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.