Ohlgart Christiane 4
Research Summary
AI-generated summary
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.