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Fortinet | 4: Statement of changes in beneficial ownership of securities-Director Sim Judith

SEC announcement ·  Apr 2 04:53
Summary by Futu AI
On March 31, 2024, Judith Sim, associated with Fortinet, Inc. [FTNT], completed a transaction to acquire 827 shares of the company's common stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, typically indicating the execution of options or other derivative instruments. Following this acquisition, Judith Sim's direct holdings in Fortinet's common stock increased to a total of 121,599 shares. The transaction reflects a strengthening of insider commitment to the company, as the additional shares acquired bolster Sim's investment in Fortinet.
On March 31, 2024, Judith Sim, associated with Fortinet, Inc. [FTNT], completed a transaction to acquire 827 shares of the company's common stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, typically indicating the execution of options or other derivative instruments. Following this acquisition, Judith Sim's direct holdings in Fortinet's common stock increased to a total of 121,599 shares. The transaction reflects a strengthening of insider commitment to the company, as the additional shares acquired bolster Sim's investment in Fortinet.
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