Fortinet, Inc. — Director's Dealing 2025

Sep 9, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2025-09-08

Reporting Person: Xie Michael (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-08	Common Stock	G	5000	—	Disposed	9725560	Direct
2025-09-08	Common Stock	G	30000	—	Disposed	9695560	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19825614	Indirect
Common Stock	5513505	Indirect
Comon Stock	5513505	Indirect
Common Stock	7573438	Indirect
Common Stock	7573438	Indirect

Footnotes

F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 10, 2024.

F2: Represents the weighted average sale price. The lowest price at which shares were sold was $97.70 and the highest price at which shares were sold was $98.69.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $98.70 and the highest price at which shares were sold was $99.33.

F4: These securities are held by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.

F5: These securities are held by the KAXX Trust under the K.A. Children's Trust dated February 9, 2011, for which the Reporting Person and his spouse serve as trustees.

F6: These securities are held by the KAJJ Trust under the K.A. Children's Trust dated February 9, 2011, for which the Reporting Person and his spouse serve as trustees.

F7: These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person.

F8: These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person's spouse.