
Insider and congress filings
Fortinet, Inc. (FTNT)
NASDAQ · Technology · 64 insider transactions · 102 congress trades · last filed 24 days agoS&P 500Nasdaq 100
About Fortinet, Inc.
from the company's filings and listing, as of Oct 22, 2026- Exchange
- NASDAQ
- Sector
- Technology
- Industry
- Software - Infrastructure
- Chief executive
- Ken Xie
- Employees
- 15,472
- Listed since
- Nov 18, 2009
- Market value
- $127.7B
- Price to earnings (12 mo)
- 60.9
- Net income per share, as reported (12 mo)
- $2.88
- Dividend yield
- -
Earnings
6 reported quarters · next on Oct 28, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Jul 29, 2026 | $0.90 | $0.75 | $2.0B | $1.9B | EPS beatRevenue beat |
| Q1 FY2026reported May 6, 2026 | $0.82 | $0.62 | $1.8B | $1.7B | EPS beatRevenue beat |
| Q4 FY2025reported Feb 5, 2026 | $0.81 | $0.74 | $1.9B | $1.9B | EPS beatRevenue beat |
| Q3 FY2025reported Nov 5, 2025 | $0.74 | $0.63 | $1.7B | $1.7B | EPS beatRevenue in line |
| Q2 FY2025reported Aug 6, 2025 | $0.64 | $0.59 | $1.6B | $1.6B | EPS beatRevenue in line |
| Q1 FY2025reported May 7, 2025 | $0.58 | $0.53 | $1.5B | $1.5B | EPS beatRevenue in line |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Apr 29, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Ken XieChief Executive Officer | $597K | $10.2M | $706K | $11.5M |
| Michael XiePresident and Chief Technology Officer | $445K | $5.8M | $329K | $6.6M |
| John WhittleChief Operating Officer | $506K | $5.1M | $454K | $6.0M |
| Christiane OhlgartChief Financial Officer | $469K | $3.7M | $306K | $4.4M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. 1 executive who has since left the company is named in that filing and not shown here. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| BlackRock, Inc. | $9.6B | 62,242,221 | +0.4% | 8.46% |
| Vanguard Capital Management LLC | $6.2B | 40,663,961 | +2.3% | 5.53% |
| State Street Corp | $4.6B | 29,630,652 | +2.4% | 4.01% |
| Vanguard Portfolio Management LLC | $3.8B | 24,844,685 | -0.8% | 3.38% |
| Invesco Ltd. | $3.8B | 24,621,016 | +58.5% | 3.35% |
| Geode Capital Management, LLC | $2.7B | 17,439,799 | -0.1% | 2.37% |
| Norges Bank | $1.9B | 12,449,356 | New | 1.69% |
| First Trust Advisors LP | $1.7B | 10,815,814 | -6.0% | 1.47% |
| Arrowstreet Capital, Limited Partnership | $1.6B | 10,127,342 | +4.9% | 1.38% |
| Bank of New York Mellon Corp | $1.4B | 9,327,182 | -30.0% | 1.27% |
| AQR Capital Management LLCCliff Asness | $1.3B | 8,673,742 | +11.6% | 1.18% |
| Morgan Stanley | $1.3B | 8,561,672 | -3.2% | 1.16% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. New: not in this holder's prior 13F as reported; a change of filer ID can also show as new. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Tracked fund managers holding FTNT
4 managers| Manager | Value | Shares | Share of book |
|---|---|---|---|
| Cliff AsnessAQR Capital Management | $1.3B | 8,673,742 | 0.5% |
| D. E. Shaw & Co.David Shaw | $745.0M | 4,849,811 | 0.4% |
| FundsmithTerry Smith | $557.6M | 3,629,938 | 4.1% |
| Woodline Partners | $136.2M | 886,908 | 0.4% |
4 of the 97 fund managers we track list FTNT shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.
Open-market insider trades
7 filings shown · newest filing first| Insider | Action | Shares | Price | Value | Trade date | Delay (business days) |
|---|---|---|---|---|---|---|
| Christiane OhlgartChief Financial Officer | Sold · scheduled | 48 | $180.00 | $9K | Sep 24, 2026filed Sep 25, 2026 | 1d |
| John WhittleChief Operating Officer | Sold · scheduled | 2,835 | $168.74 | $478K | Sep 15, 2026filed Sep 16, 2026 | 1d |
| John WhittleChief Operating Officer | Sold · scheduled · 2 lines | 53,865 | $165.44 | $8.9M | Sep 14, 2026filed Sep 16, 2026 | 2d |
| Christiane OhlgartChief Financial Officer | Sold · scheduled | 387 | $164.59 | $64K | Aug 4, 2026filed Aug 4, 2026 | 0d |
| Ken XiePresident & CEO | Sold · scheduled · 6 lines | 161,482 | $162.66 | $26.3M | Aug 3, 2026filed Aug 4, 2026 | 1d |
| Michael XieVP, Engineering & CTO | Sold · scheduled · 4 lines | 3,121 | $162.63 | $508K | Aug 3, 2026filed Aug 4, 2026 | 1d |
| Ken XiePresident & CEO | Sold · scheduled · 6 lines | 133,513 | $145.00 | $19.4M | Jun 2, 2026filed Jun 3, 2026 | 1d |
One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. Scheduled: set up in advance under a Rule 10b5-1 trading plan. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.
Other Form 4 activity (20)
| Insider | Event | Shares | Date |
|---|---|---|---|
| Jean X. HuDirector | Option exercise | 459 | Sep 30, 2026 |
| Kenneth A. GoldmanDirector | Option exercise | 459 | Sep 30, 2026 |
| James G. StavridisDirector | Option exercise | 459 | Sep 30, 2026 |
| Janet NapolitanoDirector | Option exercise | 459 | Sep 30, 2026 |
| Derek T. KanDirector | Option exercise | 459 | Sep 30, 2026 |
| Ming HsiehDirector | Option exercise | 459 | Sep 30, 2026 |
| Judith SimDirector | Option exercise | 459 | Sep 30, 2026 |
| John WhittleChief Operating Officer | Option exercise | 2,835 | Sep 15, 2026 |
| John WhittleChief Operating Officer | Option exercise | 53,865 | Sep 14, 2026 |
| Judith SimDirector | Stock award | 1,836 | Aug 12, 2026 |
| James G. StavridisDirector | Stock award | 1,836 | Aug 12, 2026 |
| Derek T. KanDirector | Stock award | 1,836 | Aug 12, 2026 |
| Ming HsiehDirector | Stock award | 1,836 | Aug 12, 2026 |
| Janet NapolitanoDirector | Stock award | 1,836 | Aug 12, 2026 |
| Jean X. HuDirector | Stock award | 1,836 | Aug 12, 2026 |
| Kenneth A. GoldmanDirector | Stock award | 1,836 | Aug 12, 2026 |
| John WhittleChief Operating Officer | Tax withholding | 2,310 | Aug 1, 2026 |
| John WhittleChief Operating Officer | Option exercise | 4,573 | Aug 1, 2026 |
| Christiane OhlgartChief Financial Officer | Tax withholding | 581 | Aug 1, 2026 |
| Christiane OhlgartChief Financial Officer | Option exercise | 1,634 | Aug 1, 2026 |
Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.
Congress trades in FTNT
20 disclosures of 102 on record · median 25d of the 45 allowedSince the trade: the stock's move from the trade date to the latest close we hold (figures as of Oct 25, 2026), not the member's result. Not investment advice.
| Member | Type | Action | Amount disclosed | Stock since the trade | Trade date | Disclosed | Delay |
|---|---|---|---|---|---|---|---|
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +9.6%After the saleS&P 500 -1.7% · +11.3 pts vs S&P 500 | Aug 10, 2026 | Sep 4, 2026 | 25d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +13.4%S&P 500 +1.7% · +11.8 pts vs S&P 500 | Jul 7, 2026 | Aug 7, 2026 | 31d |
| Alan ArmstrongSelf | Stock | Purchase | $1,001 - $15,000 | +130.2%S&P 500 +19.8% · +110.3 pts vs S&P 500 | Mar 27, 2026 | Jul 21, 2026 | 116d |
| Dan NewhouseSpouse | Stock | Sale | $1,001 - $15,000 | +14.3%After the saleS&P 500 +0.7% · +13.6 pts vs S&P 500 | Jul 10, 2026 | Jul 17, 2026 | 7d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +128.6%S&P 500 +10.8% · +117.8 pts vs S&P 500 | Apr 13, 2026 | May 11, 2026 | 28d |
| Gilbert Ray Cisneros, Jr. | Stock | Sale | $1,001 - $15,000 | +128.7%After the saleS&P 500 +9.4% · +119.3 pts vs S&P 500 | Apr 14, 2026 | May 8, 2026 | 24d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +115.7%S&P 500 +14.7% · +101.0 pts vs S&P 500 | Mar 13, 2026 | Apr 7, 2026 | 25d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +128.0%After the saleS&P 500 +12.1% · +115.9 pts vs S&P 500 | Feb 5, 2026 | Mar 9, 2026 | 32d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +120.3%S&P 500 +11.2% · +109.1 pts vs S&P 500 | Feb 17, 2026 | Mar 9, 2026 | 20d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +139.3%After the saleS&P 500 +10.5% · +128.8 pts vs S&P 500 | Feb 24, 2026 | Mar 9, 2026 | 13d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +120.8%S&P 500 +9.5% · +111.4 pts vs S&P 500 | Jan 29, 2026 | Feb 6, 2026 | 8d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +129.8%S&P 500 +9.5% · +120.3 pts vs S&P 500 | Jan 13, 2026 | Feb 6, 2026 | 24d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +120.5%S&P 500 +10.2% · +110.3 pts vs S&P 500 | Jan 23, 2026 | Feb 6, 2026 | 14d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +118.8%S&P 500 +11.5% · +107.2 pts vs S&P 500 | Nov 10, 2025 | Dec 8, 2025 | 28d |
| Lisa C. McClainSpouse | Stock | Purchase | $1,001 - $15,000 | +113.8%S&P 500 +11.7% · +102.0 pts vs S&P 500 | Oct 30, 2025 | Nov 21, 2025 | 22d |
| Lisa C. McClainSpouse | Stock | Sale | $1,001 - $15,000 | +113.8%After the saleS&P 500 +11.7% · +102.0 pts vs S&P 500 | Oct 30, 2025 | Nov 21, 2025 | 22d |
| Lisa C. McClainSpouse | Stock | Sale | $1,001 - $15,000 | +108.3%After the saleS&P 500 +11.4% · +96.8 pts vs S&P 500 | Oct 31, 2025 | Nov 21, 2025 | 21d |
| Byron Donalds | Stock | Purchase | $1,001 - $15,000 | +108.8%S&P 500 +13.2% · +95.6 pts vs S&P 500 | Oct 9, 2025 | Nov 18, 2025 | 40d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +112.0%After the saleS&P 500 +13.6% · +98.4 pts vs S&P 500 | Oct 7, 2025 | Nov 6, 2025 | 30d |
| Byron Donalds | Stock | Sale | $1,001 - $15,000 | +135.5%After the saleS&P 500 +17.1% · +118.4 pts vs S&P 500 | Sep 4, 2025 | Oct 7, 2025 | 33d |
Since the trade is an estimate, set beside the S&P 500 over the same window, with the gap between the two in percentage points. The filing carries a band, not a fill, and a sale keeps the stock's sign, so a positive figure after a sale means the stock kept rising after it. An option row carries the underlying stock's move. A row marked n/a is one we hold no figure for.
A delay above 45 days is the gap between the dates on the report; we mark a filing late only after checking it.
"Not captured" means the band or the transaction type on the original report is missing from our data.
"Dates conflict" marks a row whose disclosure is dated before its trade on the record we hold. Both dates are printed as filed, and no since-the-trade figure is computed from them.
Every Congress trade in FTNT, filterable by party, chamber, type and account.
Members of Congress reporting a position
5 members · estimate, as of Oct 21, 20265 members report a position (estimated). The largest estimated position is in the $500,001 - $1,000,000 band.
| Member | Party, chamber | Estimated position | Share of their portfolio |
|---|---|---|---|
| Tony Wied | Republican · House | $500,001 - $1,000,000 | 3.5% |
| Byron Donalds | Republican · House | $15,001 - $50,000 | 7.4% |
| Julie Johnson | Democrat · House | $15,001 - $50,000 | 0.1% |
| Robert Bresnahan | Republican · House | $15,001 - $50,000 | 0.1% |
| Dan Newhouse | Republican · House | $1,001 - $15,000 | 1.4% |
Estimate, as of Oct 21, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.
Questions
Are insiders buying or selling FTNT?
Across the 7 most recent open-market filings shown here, 0 were purchases and 7 were sales. 7 were scheduled in advance under a Rule 10b5-1 plan.
Which members of Congress have traded FTNT?
Ro Khanna, Alan Armstrong, Dan Newhouse, Gilbert Ray Cisneros, Jr., Lisa C. McClain and Byron Donalds disclosed FTNT transactions in the filings shown here.
Which members of Congress hold FTNT?
5 members of Congress report a position in FTNT in the estimate we hold as of Oct 21, 2026. The largest estimated position belongs to Tony Wied; the next largest, in the $15,001 - $50,000 band, include Byron Donalds and Julie Johnson. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.
Is FTNT in the S&P 500 or the Nasdaq 100?
Fortinet, Inc. is a current member of the S&P 500 and Nasdaq 100, per the membership list we hold as of Oct 26, 2026. Current members of either index get a page here whatever their filing history.
How quickly are FTNT trades disclosed?
Insider filings on this page reached the public a median of 1 business day after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows. Congressional disclosures took a median of 25 days, against the 45 the STOCK Act allows.
How to read a Form 4
A DECISION THE INSIDER MADE
COMPENSATION PLUMBING
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
