Fortinet, Inc.·4

May 13, 4:04 PM ET

Ohlgart Christiane 4

Research Summary

AI-generated summary

Updated

Fortinet (FTNT) CFO Christiane Ohlgart Sells 238 Shares

What Happened Christiane Ohlgart, Chief Financial Officer of Fortinet (FTNT), sold 238 shares on May 11, 2026 in an open-market transaction at $115.00 per share, generating proceeds of $27,370. The sale was reported on a Form 4 filed May 13, 2026.

Key Details

  • Transaction date and price: May 11, 2026 — 238 shares at $115.00 per share.
  • Total proceeds: $27,370.
  • Shares owned after the transaction: Not specified in the information provided.
  • Footnote: The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Ms. Ohlgart on March 7, 2025 (prearranged trading plan).
  • Filing timeliness: Reported on May 13, 2026 — appears to be filed within the standard Form 4 reporting window.

Context

  • This was a sale (routine disposition) executed under a pre-established 10b5-1 plan; such plans schedule trades in advance and do not necessarily indicate the insider’s current view of the company.
  • The dollar value of this sale is modest relative to typical executive transactions; investors often view purchases as stronger signals than small, rule‑based sales.