Form 4: Fortinet COO Sells Shares
Insider Transaction (Form 4)
John Whittle, CHIEF OPERATING OFFICER of Fortinet, Inc., sold 56,700 shares of common stock on September 14, 2026.
Summary
- Option exercise/conversion: acquired 53,865 Common Stock at $62.11 ($3,345,555) on September 14, 2026; holds 150,852 after (Direct).
- Open-market sale: disposed of 52,707 Common Stock at $165.43 ($8,719,182) on September 14, 2026; holds 98,145 after (Direct).
- Open-market sale: disposed of 1,158 Common Stock at $166.02 ($192,248) on September 14, 2026; holds 96,987 after (Direct).
- Option exercise/conversion: acquired 2,835 Common Stock at $62.11 ($176,082) on September 15, 2026; holds 99,822 after (Direct).
- Open-market sale: disposed of 2,835 Common Stock at $168.74 ($478,378) on September 15, 2026; holds 96,987 after (Direct).
- Option exercise/conversion: disposed of 53,865 Stock Option (right to buy) on September 14, 2026; holds 2,835 after (Direct).
- Option exercise/conversion: disposed of 2,835 Stock Option (right to buy) on September 15, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $9,389,808 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
John Whittle — Officer (CHIEF OPERATING OFFICER)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-14 | Option exercise/conversion | Common Stock | 53,865 | $62 | $3.3M | 150,852 |
| 2026-09-14 | Open-market sale | Common Stock | 52,707 | $165 | $8.7M | 98,145 |
| 2026-09-14 | Open-market sale | Common Stock | 1,158 | $166 | $192.2K | 96,987 |
| 2026-09-15 | Option exercise/conversion | Common Stock | 2,835 | $62 | $176.1K | 99,822 |
| 2026-09-15 | Open-market sale | Common Stock | 2,835 | $169 | $478.4K | 96,987 |
| 2026-09-14 | Option exercise/conversion | Stock Option (right to buy) | 53,865 | — | — | 2,835 |
| 2026-09-15 | Option exercise/conversion | Stock Option (right to buy) | 2,835 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-14 | Option exercise/conversion (53,865 shares) |
| 2026-09-14 | Open-market sale (52,707 shares) |
| 2026-09-14 | Open-market sale (1,158 shares) |
| 2026-09-15 | Option exercise/conversion (2,835 shares) |
| 2026-09-15 | Open-market sale (2,835 shares) |
| 2026-09-14 | Option exercise/conversion (53,865 shares) |
| 2026-09-15 | Option exercise/conversion (2,835 shares) |
Keywords
insider transaction, Form 4, FTNT, Fortinet, Inc., bearish, John Whittle
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.