GOLDMAN KENNETH A 4
Research Summary
AI-generated summary
Fortinet Director Kenneth Goldman Gifts 1,500 Shares
What Happened
Kenneth A. Goldman, a director of Fortinet, Inc. (FTNT), disposed of 1,500 shares on May 19, 2026 as a gift (transaction code G). The filing shows $0.00 per share and $0 total proceeds. The Form 4 was filed on May 20, 2026 (timely relative to the transaction date).
Key Details
- Transaction date: 2026-05-19; Filing date: 2026-05-20 (appears timely).
- Type: Gift (code G); Price reported: $0.00; Shares transferred: 1,500.
- Shares owned after the transaction: Not specified in the provided excerpt — check the full Form 4 for updated holdings.
- Footnotes:
- F1: Reporting person is trustee of a Trust and may be deemed to have voting/dispositive power; disclaims beneficial ownership except to the extent of pecuniary interest.
- F2: GV Partners L.P. is a family limited partnership for which the reporting person is the managing member.
- No indication of a 10b5-1 plan, option exercise, tax withholding, or sale in the excerpt.
Context
Gifts are transfers, not sales, and generally do not signal buying or selling conviction about the stock; common reasons include estate planning or charitable donations. Because the filing references trustee and family partnership roles, beneficial ownership and control may be subject to those arrangements — review the full Form 4 for complete holdings and related parties.