GOLDMAN KENNETH A 4

What Happened
Kenneth A. Goldman, a director of Fortinet, had 650 restricted stock units (RSUs) vest and convert into 650 shares on June 11, 2026 (reported as derivative exercise/conversion, transaction code M). The filing shows an acquisition of 650 shares at $0.00 and a disposition of the same 650 shares at $0.00 on the same date. The Form 4 does not list a cash value for these entries.

Key Details

• Transaction date: 2026-06-11; Form filed: 2026-06-12 (timely).
• Reported transactions: Exercise/conversion of derivative (M) — 650 shares acquired and 650 shares disposed; price reported as $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Relevant footnotes: F1 (vesting of RSUs granted Aug 20, 2025); F4 (each RSU equals one share); F5 (vesting schedule through mid‑2026); F6 (RSUs do not expire); F2/F3 note trust/partnership holdings and disclaimers of beneficial ownership.
• No 10b5-1 plan, tax‑withholding code, or sale proceeds are specified in the filing.

Context
This is a derivative conversion of vested RSUs into common stock with a same‑day disposition. Filings that show vesting followed by immediate disposition are commonly for net settlement or tax withholding, but this Form 4 does not state the reason for the disposition, so no motive is asserted.