Key facts
- This page summarizes Keith F. Jensen's Form 4 filing for Fortinet, Inc. (FTNT).
- 11 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 04 Feb 2025, 18:27.
Keith F. Jensen - 01 Feb 2025 Form 4 Insider Report for Fortinet, Inc. (FTNT)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- FTNT
- Reported as of
- 01 Feb 2025
- Net transaction value
- -$2,055,329
- SEC form
- 4
- Accepted by SEC
- 04 Feb 2025, 18:27:27 UTC
- Prior SEC filing
- 17 Jan 2025
- Next SEC filing
- 20 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert Turner, by power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Keith F. Jensen filed Form 4 for Fortinet, Inc. (FTNT) on 04 Feb 2025.
Change
- Previous filing in this sequence was filed on 17 Jan 2025.
- Current net transaction value: -$2,055,329.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +3,995
- Change %
- +85%
- Price
- $0.000000
- Shares after
- 8,684
- Date
- 01 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,890
- Change %
- +22%
- Price
- $0.000000
- Shares after
- 10,574
- Date
- 01 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,573
- Change %
- +24%
- Price
- $0.000000
- Shares after
- 13,147
- Date
- 01 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +7,307
- Change %
- +56%
- Price
- $0.000000
- Shares after
- 20,454
- Date
- 01 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +28,156
- Change %
- +138%
- Price
- $0.000000
- Shares after
- 48,610
- Date
- 01 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
FTNT
transaction
Common Stock
Tax liability
- Transaction value
- $2,055,329
- Shares
- -20,374
- Change %
- -42%
- Price
- $100.88
- Shares after
- 28,236
- Date
- 01 Feb 2025
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FTNT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -3,995
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 01 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,995
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F4, F5
FTNT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,890
- Change %
- -20%
- Price
- $0.000000
- Shares after
- 7,565
- Date
- 01 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,890
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F5, F6
FTNT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -2,573
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 20,585
- Date
- 01 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,573
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F5, F7
FTNT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -7,307
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 21,922
- Date
- 01 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,307
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F5, F8
FTNT
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -28,156
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 01 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 28,156
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F5, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 9 footnotes
Footnote F1
Vesting of restricted stock units ("RSUs") or performance stock units ("PSUs") previously granted to the Reporting Person.
Footnote F2
Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
Footnote F3
Each RSU and PSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
Footnote F4
25% of the RSUs vested on February 1, 2022, 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.
Footnote F5
RSUs and PSUs do not expire; they either vest or are canceled prior to the vesting date.
Footnote F6
25% of the RSUs vested on February 1, 2023, 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.
Footnote F7
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.
Footnote F8
25% of the RSUs will vest on February 1, 2025, 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 vesting.
Footnote F9
100% of the PSUs vest and settle on February 1, 2025, 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.