William H. Neukom - 06 Dec 2023 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Role: Director
Signature: /s/ Robert Turner, by power of attorney
Issuer symbol: FTNT
Transactions as of: 06 Dec 2023
Net transactions value: +$34,943
Form type: 4
Filing time: 06 Dec 2023, 16:42:59 UTC
Previous filing: 02 Oct 2023
Next filing: 02 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FTNT	Common Stock	Purchase	$34,943	+664	+0.23%	$52.62	293,041	06 Dec 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023.