FTNT 8-K Current Reports
Fortinet, Inc. - 146 current reports
Fortinet, Inc. 8-K Report, Shareholder Vote Results (Jun 16, 2026)
Fortinet, Inc. (FTNT) filed an 8-K on June 16, 2026, reporting the results of its Annual Meeting of Stockholders held on June 12, 2026. The meeting saw strong participation, with approximately 88.15% of outstanding shares represented. Key outcomes include the overwhelming approval of all three proposals presented to shareholders. Specifically, the election of nine directors to the Board of Directors was overwhelmingly approved, with all nominees receiving significant support. Furthermore, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, was also overwhelmingly ratified. Finally, an advisory vote on the compensation of Fortinet's named executive officers also received a majority of the votes cast in favor.
Fortinet, Inc. 8-K Report, Financial Results (May 6, 2026)
Fortinet, Inc. (FTNT) filed an 8-K on May 6, 2026, to announce its financial results for the first quarter ended March 31, 2026. The primary purpose of this filing is to furnish a press release detailing the company's performance during the quarter. Investors should note that this information, while significant, is furnished and not deemed "filed" for certain regulatory purposes, meaning it does not automatically become incorporated into future SEC filings unless specifically referenced. The press release itself, attached as Exhibit 99.1, contains the core financial details and operational commentary that investors will need to review to understand Fortinet's recent performance and outlook.
Fortinet, Inc. 8-K Report, Financial Results (Feb 5, 2026)
Fortinet, Inc. (FTNT) has filed an 8-K on February 5, 2026, to report its financial results for the fourth quarter and full year ended December 31, 2025. The filing primarily consists of a press release, furnished as Exhibit 99.1, which contains the company's operational and financial performance details. Investors should refer to this press release for specific figures related to revenue, profitability, and other key financial metrics for the period. The company also notes that this information is furnished and not deemed "filed" under Section 18 of the Exchange Act, meaning it's not automatically incorporated into prior or future SEC filings unless explicitly stated. The filing also includes the Interactive Data File in iXBRL format for the cover page.
Fortinet, Inc. 8-K Report, Financial Results (Nov 5, 2025)
Fortinet, Inc. (FTNT) filed an 8-K on November 4, 2025, to report its third quarter financial results for the period ended September 30, 2025. The key information is contained within the press release furnished as Exhibit 99.1, which details the company's performance for the quarter. Investors should refer to this press release for specific financial metrics and operational updates. This filing serves as a notification of the results release, with the actual financial data and management commentary provided in the accompanying press release. While this 8-K itself does not contain detailed financial tables, it is the official channel through which Fortinet discloses its quarterly earnings to the public. The information is not deemed 'filed' under Section 18 of the Exchange Act unless specifically incorporated by reference into another filing, which is a standard disclaimer for such 8-K filings.
Fortinet, Inc. 8-K Report, Corporate Update (Aug 22, 2025)
Fortinet, Inc. (FTNT) has announced a significant expansion and extension of its share repurchase program, signaling a strong commitment to returning capital to shareholders and confidence in its stock valuation. The Board of Directors authorized an additional $1 billion for share buybacks, increasing the total authorized amount to $9.25 billion. Furthermore, the program's expiration date has been extended by one year, from February 28, 2026, to February 28, 2027. This move indicates that management believes Fortinet's stock may be undervalued, or that they view repurchases as an attractive use of cash compared to other potential investments. Investors can interpret this as a positive signal regarding the company's future prospects and its ability to generate free cash flow. The increased authorization and extended timeline provide flexibility for Fortinet to continue repurchasing shares opportunistically over the next approximately 18 months.
Fortinet, Inc. 8-K Report, Financial Results (Aug 6, 2025)
Fortinet, Inc. (FTNT) filed an 8-K on August 6, 2025, primarily to furnish a press release detailing its financial results for the second quarter ended June 30, 2025. While the filing itself does not contain detailed financial figures, it directs investors to the accompanying press release (Exhibit 99.1) for these crucial operational and financial condition updates. Investors should refer to the furnished press release for specifics on revenue, profitability, deferred revenue, bookings, and any forward-looking guidance provided by the company.
Fortinet, Inc. 8-K Report, Shareholder Vote Results (Jun 18, 2025)
Fortinet, Inc. (FTNT) filed an 8-K on June 17, 2025, detailing the outcomes of its Annual Meeting of Stockholders held on June 13, 2025. The report indicates strong shareholder support for the company's leadership and strategic direction, with all incumbent directors being re-elected to the Board. Furthermore, shareholders ratified the appointment of Deloitte & Touche LLP as the independent registered accounting firm for fiscal year 2025, signaling confidence in the company's financial oversight. While the majority of proposals received overwhelming approval, a notable outcome was the rejection of a specific stockholder proposal seeking to separate the roles of Chairman of the Board and Chief Executive Officer. This suggests that current shareholders are largely comfortable with the existing governance structure, preferring the company's current leadership composition. The strong turnout, with approximately 87.04% of outstanding shares represented, underscores active shareholder engagement.
Fortinet, Inc. 8-K/A Report, Executive Changes (May 15, 2025)
Fortinet, Inc. (FTNT) has filed an 8-K/A amendment to confirm the appointment of Christiane Ohlgart as the new Chief Financial Officer (CFO), effective May 15, 2025. This transition follows the previously announced retirement of Keith Jensen. Ms. Ohlgart, currently the Principal Accounting Officer, will continue in that role alongside her new CFO responsibilities. The company's Board of Directors has approved a compensation package for Ms. Ohlgart, including an annual base salary of $480,000 and a target bonus of 80% of her base salary. Further details outline Ms. Ohlgart's expected equity compensation, comprising Restricted Stock Units (RSUs) with a target award value of $500,000 and Performance Stock Units (PSUs) also with a target value of $500,000. These awards are subject to Board approval and will vest over a four-year period, with the PSUs tied to Fortinet's total stockholder return performance relative to the S&P 500. The filing also confirms standard indemnification and change of control agreements are in place or expected to be formalized.
Fortinet, Inc. 8-K Report, Financial Results (May 7, 2025)
Fortinet, Inc. (FTNT) has filed an 8-K report on May 6, 2025, to announce its first-quarter financial results for the period ending March 31, 2025. The key details of these results are provided in a press release, furnished as Exhibit 99.1, which is incorporated by reference into this filing. Investors should refer to this press release for specific financial performance metrics, including revenue, earnings per share, and any forward-looking guidance provided by the company. While the 8-K itself is a procedural filing, the underlying press release contains the substance of the company's performance and outlook. This report is crucial for understanding Fortinet's recent operational and financial condition, allowing investors to assess the company's trajectory in the cybersecurity market. The information furnished herein is not considered 'filed' for Section 18 purposes, but it is essential for investment decision-making.
Fortinet, Inc. 8-K Report, Financial Results (Feb 6, 2025)
Fortinet, Inc. (FTNT) filed an 8-K on February 5, 2025, to report its financial results for the fourth quarter and full year ended December 31, 2024. The filing also disclosed the upcoming retirement of Chief Financial Officer, Keith Jensen, effective May 15, 2025, with a transition period extending to June 30, 2025. Mr. Jensen's departure is not due to any disagreement with the company, and his retirement marks the end of an 11-year tenure. Contingent upon Mr. Jensen's retirement, the company intends to appoint Christiane Ohlgart as the new Chief Financial Officer. Ms. Ohlgart currently serves as the Chief Accounting Officer and has previous financial leadership experience within Fortinet, as well as at IGEL Technology and other technology firms. Investors will be looking to the furnished press release (Exhibit 99.1) for detailed financial performance metrics and management's commentary on the results and outlook.
Fortinet, Inc. 8-K/A Report, Executive Changes (Jan 22, 2025)
This 8-K/A filing from Fortinet, Inc. (FTNT) provides an update regarding the committee assignments for newly appointed director Janet Napolitano. The report clarifies that Ms. Napolitano, who was appointed to the Board of Directors on November 6, 2024, has now been assigned to the Cybersecurity Committee, effective January 17, 2025. This appointment is of note given Ms. Napolitano's extensive background in cybersecurity and public service, including her tenure as Secretary of Homeland Security.
Fortinet, Inc. 8-K Report, Executive Changes (Nov 12, 2024)
Fortinet, Inc. (FTNT) announced a change to its Board of Directors via an 8-K filing on November 12, 2024. The company expanded its Board size from nine to ten directors and appointed Janet Napolitano to fill the new vacancy, effective November 7, 2024. Ms. Napolitano will serve until the 2025 annual meeting. This expansion and appointment are notable for bringing new expertise to the board, although specific committee assignments are yet to be disclosed. Investors should note the expected compensation for Ms. Napolitano, which includes an annual cash retainer of $55,000 and pro-rated restricted stock units (RSUs) vesting prior to the 2025 annual meeting. The company will also enter into standard indemnification and change of control agreements with Ms. Napolitano. The addition of a director with potentially significant experience, as indicated by Ms. Napolitano's background (though not detailed in this filing), could signal strategic considerations by the board. The filing also confirms the press release related to this announcement is furnished as an exhibit.
Fortinet, Inc. 8-K Report, Financial Results (Nov 7, 2024)
Fortinet, Inc. (FTNT) filed an 8-K on November 7, 2024, to announce its financial results for the third quarter ended September 30, 2024. The filing itself is primarily a notification of the release of a press release, which contains the detailed financial and operational performance data. Investors should refer to the furnished press release (Exhibit 99.1) for comprehensive insights into the company's third-quarter performance, including revenue, profitability, and any forward-looking guidance provided by management. This 8-K serves as the official record that these results have been publicly disseminated.
Fortinet, Inc. 8-K/A Report, Financial Results (Aug 7, 2024)
This 8-K/A filing from Fortinet, Inc. (FTNT) serves to correct a clerical error in the previously issued press release regarding its financial results and guidance. Specifically, the amendment rectifies the diluted non-GAAP net income per share guidance for the third quarter of 2024 and the full fiscal year 2024. Investors should note that this filing is an amendment to correct guidance, not a release of new financial results. The corrected guidance now indicates an expected diluted non-GAAP net income per share of $0.50 to $0.52 for Q3 2024 and $2.00 to $2.04 for the full fiscal year 2024. The company reiterates that its non-GAAP guidance excludes certain items like stock-based compensation and amortization of acquired intangibles, and a reconciliation to GAAP is not provided due to the unpredictable nature of these excluded items.
Fortinet, Inc. 8-K Report, Financial Results (Aug 6, 2024)
Fortinet, Inc. (FTNT) filed an 8-K on August 5, 2024, primarily to furnish its second-quarter 2024 earnings press release dated August 6, 2024. This filing provides investors with the company's official financial results for the period ending June 30, 2024. While the 8-K itself does not contain the detailed financial data, it directs investors to the press release for the specifics of the company's performance, including revenue, profitability, and key operational metrics. Investors should review the furnished press release for a comprehensive understanding of Fortinet's Q2 2024 performance and forward-looking statements. The information provided in this 8-K is critical for understanding Fortinet's current financial health and strategic positioning within the cybersecurity market. The press release will likely detail factors influencing the results, such as product sales, service revenues, and any significant trends impacting the cybersecurity landscape. As this filing is an informational update, the market reaction will largely depend on the content of the accompanying press release and any subsequent analyst calls or management commentary.
Fortinet, Inc. 8-K/A Report, Executive Changes (Jul 24, 2024)
This 8-K/A filing from Fortinet, Inc. (FTNT) provides an update on the committee assignments for its Board of Directors. Specifically, it clarifies that Mary Agnes “Maggie” Wilderotter, who was appointed to the Board in February 2024 and subsequently reelected at the 2024 Annual Meeting, has now been assigned to the Governance Committee, effective July 19, 2024. This appointment fills a previously undetermined committee position for Ms. Wilderotter. While this filing does not contain material financial or operational news, it is important for investors to track board composition and committee assignments as they can indicate strategic focus and governance practices. Ms. Wilderotter's role on the Governance Committee suggests a focus on the company's overall corporate governance framework.
Fortinet, Inc. 8-K Report, Shareholder Vote Results (Jun 20, 2024)
Fortinet, Inc. (FTNT) filed an 8-K on June 19, 2024, detailing the results of its Annual Meeting of Stockholders held on June 14, 2024. The filing indicates strong shareholder support for the company's leadership and operational decisions. A substantial majority of outstanding shares, approximately 85.97%, were represented at the meeting, demonstrating active investor engagement. Key outcomes include the overwhelming approval of all nine director nominees for a one-year term and the ratification of Deloitte & Touche LLP as the independent registered accounting firm for fiscal year 2024. Additionally, shareholders provided an advisory vote on executive compensation, which, while passing, received a notable number of 'against' votes, suggesting potential areas for management to address shareholder concerns regarding executive pay.
Fortinet, Inc. 8-K Report, Financial Results (May 2, 2024)
Fortinet, Inc. (FTNT) filed an 8-K on May 2, 2024, primarily to furnish its press release detailing financial results for the first quarter ended March 31, 2024. The press release, included as Exhibit 99.1, is the key document for investors to assess the company's performance during the period. While the 8-K itself doesn't contain detailed financial statements, it directs investors to the press release for crucial metrics such as revenue, earnings per share, and any forward-looking guidance provided by management. Investors should carefully review the furnished press release for insights into Fortinet's operational execution, profitability, and strategic outlook. Key areas of focus will likely include the company's ability to meet or exceed revenue expectations, the drivers of its profitability, and management's commentary on the cybersecurity market and competitive landscape. The filing serves as notification of these results and a pointer to where investors can find the substantive financial and operational details.
Fortinet, Inc. 8-K Report, Executive Changes (Feb 23, 2024)
Fortinet, Inc. announced a significant change in its leadership structure through an 8-K filing on February 22, 2024, detailing two key appointments effective in February and March 2024. The company appointed Mary Agnes "Maggie" Wilderotter to its Board of Directors, expanding the board size and bringing in experienced leadership. This appointment is effective April 19, 2024, and Ms. Wilderotter is expected to receive standard director compensation, including cash retainers and restricted stock units (RSUs). Additionally, Fortinet appointed Christiane Ohlgart as its new Chief Accounting Officer (CAO), effective March 18, 2024. Ms. Ohlgart's prior experience includes a previous role at Fortinet as VP Finance and CFO roles at other technology companies. Her compensation package includes a base salary, target bonus, and equity awards in the form of RSUs and performance stock units (PSUs), reflecting her critical role in financial oversight. These appointments signal a strengthening of Fortinet's governance and financial reporting capabilities.
Fortinet, Inc. 8-K Report, Financial Results (Feb 6, 2024)
Fortinet, Inc. (FTNT) filed an 8-K on February 6, 2024, primarily to furnish a press release detailing its financial results for the fourth quarter and full year ended December 31, 2023. While the 8-K itself doesn't contain the detailed financial figures, it signals that the company has publicly disclosed its performance. Investors should refer to the furnished press release (Exhibit 99.1) for crucial information regarding revenue, profitability, earnings per share, and any forward-looking guidance provided by management. This filing is important as it provides the official platform for announcing these key financial metrics, which will influence investor sentiment and stock valuation. Investors are encouraged to review the press release for a comprehensive understanding of Fortinet's financial health, growth trajectory, and management's outlook for the upcoming periods.
Fortinet, Inc. 8-K Report, Executive Changes (Jan 18, 2024)
Fortinet, Inc. announced the appointment of John Whittle as its new Chief Operating Officer (COO) effective January 15, 2024. Mr. Whittle, who is 55 years old, will continue in his existing role as Corporate Secretary, which he has held since 2007. This appointment signifies a move for a long-tenured executive within Fortinet into a key operational leadership position. Mr. Whittle brings over 17 years of experience within Fortinet, having previously served as Executive Vice President of Corporate Development and Chief Legal Officer. His extensive background also includes significant experience as General Counsel and Vice President of Corporate Development, as well as prior roles at Corio, Inc. and Wilson Sonsini Goodrich & Rosati. Notably, his compensation is not changing as a result of this promotion, and there are no disclosed related-party transactions or understandings influencing his appointment.
Fortinet, Inc. 8-K Report, Executive Changes (Dec 1, 2023)
Fortinet, Inc. (FTNT) has filed an 8-K report on November 30, 2023, announcing the upcoming retirement of Chief Revenue Officer and Executive Vice President of Support, Patrice Perche. Mr. Perche, who has been with the company for approximately 19 years, intends to retire in mid-2024 and will assist in a smooth transition of his responsibilities during this period. The company expressed gratitude for his service, and his retirement is not attributed to any disagreements.
Fortinet, Inc. 8-K Report, Financial Results (Nov 2, 2023)
Fortinet, Inc. (FTNT) filed an 8-K on November 2, 2023, to report its third-quarter financial results for the period ended September 30, 2023. The key takeaway for investors is the release of the company's unaudited financial performance for the quarter, which was detailed in an accompanying press release furnished as an exhibit. This filing provides the official mechanism for disseminating these results under SEC regulations. While the 8-K itself doesn't contain the detailed financial figures, it directs investors to the press release (Exhibit 99.1) for comprehensive data on revenue, profitability, and other key performance indicators for Q3 2023. Investors should consult this press release to understand Fortinet's operational and financial condition during the reported period, including any forward-looking statements or guidance provided by management.
Fortinet, Inc. 8-K Report, Financial Results (Aug 3, 2023)
Fortinet, Inc. (FTNT) filed an 8-K on August 3, 2023, to report its financial results for the second quarter ended June 30, 2023. The primary purpose of this filing is to furnish the accompanying press release (Exhibit 99.1), which contains the detailed financial and operational performance for the quarter. Investors should refer to this press release for the specific figures, including revenue, profitability, and other key performance indicators, as the 8-K itself mainly serves as a notification of the release of this information.
Fortinet, Inc. 8-K Report, Bylaw Amendment (Jun 23, 2023)
This 8-K filing from Fortinet, Inc. (FTNT) details key corporate governance changes approved by its stockholders at the Annual Meeting held on June 16, 2023. The most significant changes involve amendments to the company's certificate of incorporation and bylaws. Stockholders approved the removal of the supermajority voting requirement, replacing it with a simple majority standard for key corporate decisions. Additionally, an amendment was approved to permit the exculpation of officers from personal liability for certain breaches of the duty of care, subject to specific limitations. These changes are designed to modernize Fortinet's governance structure and align it with common corporate practices. The removal of supermajority voting requirements can facilitate more efficient decision-making by the Board and management, as it reduces the threshold for essential approvals. The officer exculpation amendment, while providing directors and officers with protection for certain actions, still maintains accountability for intentional misconduct or bad faith. Investors should view these changes as steps to enhance corporate agility and potentially reduce governance friction.
Fortinet, Inc. 8-K Report, Financial Results (May 4, 2023)
Fortinet, Inc. (FTNT) filed an 8-K on May 4, 2023, primarily to report its first-quarter 2023 financial results. The filing incorporates by reference a press release issued on May 4, 2023, detailing the company's performance for the quarter ended March 31, 2023. Investors should refer to the furnished press release (Exhibit 99.1) for specific financial figures and operational commentary, as the 8-K itself does not contain the detailed results but rather directs readers to the press release.
Fortinet, Inc. 8-K Report, Bylaw Amendment (Feb 8, 2023)
Fortinet, Inc. (FTNT) filed an 8-K on February 7, 2023, to announce amendments to its bylaws, effective February 5, 2023. These changes are primarily in response to new SEC rules regarding universal proxy cards and recent updates to Delaware General Corporation Law. The amendments aim to provide greater clarity, certainty, and procedural robustness to shareholder meetings and proxy solicitations. Key changes include modifications to advance notice provisions for shareholder nominations and proposals, requiring additional disclosures and certifications related to universal proxy rules. The company has also adjusted the notice period for bringing matters before annual meetings, extending it to provide more certainty for both the company and its shareholders. While these are procedural changes, they are important for understanding the governance and shareholder engagement processes at Fortinet.
Fortinet, Inc. 8-K Report, Financial Results (Feb 7, 2023)
Fortinet, Inc. (FTNT) filed an 8-K on February 7, 2023, to announce its financial results for the fourth quarter and full year ended December 31, 2022. The core of this filing is the press release (Exhibit 99.1) that accompanies it, which provides the detailed financial performance for the period. Investors should review this press release for key metrics such as revenue, net income, earnings per share, and forward-looking guidance. While the 8-K itself is primarily an announcement mechanism for the press release, it signifies that Fortinet has officially disclosed its latest financial outcomes. The information presented is crucial for assessing the company's operational success, profitability, and future prospects. Investors should pay close attention to any commentary on growth drivers, market trends, competitive landscape, and management's outlook in the accompanying press release.
Fortinet, Inc. 8-K Report, Financial Results (Nov 2, 2022)
Fortinet, Inc. (FTNT) filed an 8-K on November 2, 2022, primarily to furnish its third-quarter 2022 earnings press release. The filing itself does not contain new operational details beyond what was disclosed in the press release, which is incorporated by reference. Investors should refer to the press release for specific financial results, operational achievements, and forward-looking statements for the period ended September 30, 2022. This report serves as a notification that Fortinet has publicly released its Q3 2022 financial results. The key financial and operational information would be found within the furnished press release (Exhibit 99.1). Therefore, any analysis of Fortinet's performance for the third quarter should be based on the content of that press release, which typically includes revenue, earnings per share, product and service segment performance, and management commentary.
Fortinet, Inc. 8-K Report, Financial Results (Aug 3, 2022)
Fortinet, Inc. (FTNT) filed an 8-K on August 3, 2022, to report its financial results for the second quarter ended June 30, 2022. The filing primarily consists of a press release detailing the company's performance during the period. Investors should refer to the furnished press release (Exhibit 99.1) for specific financial figures, including revenue, earnings per share, and any forward-looking guidance provided by the company. This 8-K serves as the official notification mechanism for these quarterly results, allowing investors to assess the company's operational and financial condition.
Fortinet, Inc. 8-K Report, Bylaw Amendment (Jun 22, 2022)
Fortinet, Inc. (FTNT) filed an 8-K on June 22, 2022, to report the effectiveness of its amended and restated certificate of incorporation. This filing formalizes a previously announced five-for-one forward stock split, which became effective upon the acceptance of the filing by the Secretary of State of the State of Delaware. The stock split proportionally increases the number of authorized shares of common stock. This move is primarily administrative, reflecting the company's growth and its intention to make its stock more accessible to a broader range of investors through a lower per-share price, while maintaining the overall market capitalization.
Fortinet, Inc. 8-K Report, Shareholder Vote Results (Jun 21, 2022)
This 8-K filing from Fortinet, Inc. (FTNT) details the outcomes of its Annual Meeting of Stockholders held on June 17, 2022. Key among the approved proposals was a five-for-one forward stock split, a significant event for shareholders that could increase the liquidity and accessibility of the company's stock. Additionally, shareholders ratified the appointment of Deloitte & Touche LLP as the independent registered accounting firm for fiscal year 2022, providing continuity and confidence in the company's financial oversight. The meeting also saw strong approval for the election of all eight director nominees, indicating shareholder confidence in the current leadership and governance structure. Furthermore, shareholders approved a proposal to remove supermajority voting standards, a move that can streamline future corporate decision-making. While executive compensation received a majority of 'For' votes, it also garnered a notable number of 'Against' votes, a point investors may wish to monitor.
Fortinet, Inc. 8-K Report, Financial Results (May 4, 2022)
Fortinet, Inc. (FTNT) filed an 8-K on May 4, 2022, to report its financial results for the first quarter ended March 31, 2022. The key takeaway for investors is the release of the Q1 2022 earnings announcement, which is furnished as an exhibit. While the 8-K itself does not contain detailed financial figures, it directs investors to the attached press release for comprehensive information on the company's performance, including revenue, profitability, and other key operational metrics. Investors should review the press release (Exhibit 99.1) to understand Fortinet's Q1 2022 financial performance and outlook. This filing serves as the official notification of the earnings release and is crucial for staying informed about the company's financial health and strategic developments. The information within the press release will be the basis for analyzing the company's growth trajectory and its ability to meet market expectations.
Fortinet, Inc. 8-K Report, Executive Changes (May 2, 2022)
Fortinet, Inc. (FTNT) filed an 8-K on May 2, 2022, primarily announcing the upcoming departure of director Kelly Ducourty. Ms. Ducourty informed the Board of her decision not to stand for reelection at the Annual Meeting of Stockholders scheduled for June 17, 2022. She will continue to serve in her director capacity until that meeting date. While this filing does not contain significant financial updates or operational changes, investors should note this change in board composition. The departure of a director, even one choosing not to seek reelection, can signal shifts in board dynamics or governance. Investors may want to monitor the upcoming Annual Meeting for any further announcements regarding board appointments or strategic direction that could be influenced by this change.
Fortinet, Inc. 8-K Report, Corporate Update (Apr 22, 2022)
Fortinet, Inc. (FTNT) has announced a significant corporate action through an 8-K filing on April 22, 2022. The company plans to request stockholder approval at its upcoming 2022 Annual Meeting to increase the number of authorized shares. This increase is primarily to facilitate a five-for-one forward stock split of the Company's common stock. This proposed stock split is a strategic move aimed at making the stock more accessible to a broader range of investors by lowering the per-share price, potentially increasing trading liquidity and attractiveness.
Fortinet, Inc. 8-K Report, Financial Results (Feb 3, 2022)
Fortinet, Inc. (FTNT) filed an 8-K on February 3, 2022, to furnish a press release detailing its financial results for the fourth quarter and full year ended December 31, 2021. While the 8-K itself does not contain the detailed financial figures, it directs investors to the press release (Exhibit 99.1) for this crucial information. Investors should refer to this press release for comprehensive insights into Fortinet's revenue, profitability, earnings per share, and any forward-looking guidance provided by the company for the upcoming periods. The filing also includes the cover page data in iXBRL format. It's important to note that the information furnished in this 8-K, specifically the press release content, is not deemed "filed" for regulatory purposes under Section 18 of the Exchange Act, nor is it automatically incorporated into other SEC filings unless explicitly referenced. Therefore, investors need to actively consult the furnished press release for the specific financial performance metrics and any management commentary.
Fortinet, Inc. 8-K/A Report, Executive Changes (Jan 26, 2022)
This 8-K/A filing from Fortinet, Inc. (FTNT) provides a minor update regarding the committee assignments for a recently appointed director. Specifically, Admiral James Stavridis, who joined the Board of Directors in October 2021, has now been appointed to the Social Responsibility Committee, effective January 21, 2022. This information is an amendment to a previous filing that announced his initial appointment to the Board. For investors, this update is procedural and does not represent a significant change in the company's operational or financial standing. The key takeaway is the formalization of Admiral Stavridis' role within a specific board committee, indicating the ongoing structuring and governance processes of the company's leadership.
Fortinet, Inc. 8-K Report, Financial Results (Nov 4, 2021)
Fortinet, Inc. (FTNT) filed an 8-K on November 3, 2021, primarily to report its third-quarter financial results for the period ended September 30, 2021. The company issued a press release on November 4, 2021, detailing these results, which is furnished as an exhibit. Investors should note that this information is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act, meaning it doesn't automatically get incorporated into future SEC filings unless specifically referenced. While the specific financial figures are not detailed within the 8-K itself but rather within the furnished press release (Exhibit 99.1), this filing serves as the official notification of the Q3 2021 earnings release. Investors and analysts will need to consult the accompanying press release for quantitative details on revenue, profitability, guidance, and other operational metrics for the third quarter. The inclusion of the interactive data file (iXBRL) indicates a move towards more structured and machine-readable financial reporting.
Fortinet, Inc. 8-K Report, Executive Changes (Oct 6, 2021)
Fortinet, Inc. announced a change in its Board of Directors composition through an 8-K filing on October 5, 2021. The Board's size was expanded from eight to nine directors with the appointment of Admiral James Stavridis, effective October 22, 2021. Admiral Stavridis' appointment is intended to bring valuable expertise to the company's governance structure. His initial term will extend until the 2022 annual meeting of stockholders, and he will receive standard compensation for non-employee directors, including a cash retainer and restricted stock units (RSUs). This board expansion and appointment signals Fortinet's commitment to strengthening its leadership and strategic oversight. Investors should note the compensation structure for Admiral Stavridis, which aligns with the company's existing non-employee director compensation policy. The appointment does not appear to stem from any specific arrangement or understanding beyond the standard selection process for new directors. Further details regarding committee assignments will be provided in a subsequent filing.
Fortinet, Inc. 8-K Report, Financial Results (Jul 29, 2021)
Fortinet, Inc. (FTNT) filed an 8-K on July 28, 2021, to report its financial results for the second quarter ended June 30, 2021. The core of the filing is the press release issued on July 29, 2021, which contains the company's performance data for the quarter. Investors should refer to this press release, furnished as Exhibit 99.1, for detailed financial outcomes and operational performance metrics. This 8-K serves as notification of the Q2 2021 earnings release and incorporates the press release by reference. While the information within the press release is crucial for understanding Fortinet's recent financial health and trajectory, it's important to note the specific disclaimer that the furnished information is not deemed 'filed' under Section 18 of the Exchange Act, nor incorporated by reference into other filings, unless expressly stated otherwise. Investors should consult the press release directly for the specific financial figures and commentary.
Fortinet, Inc. 8-K Report, Shareholder Vote Results (Jun 23, 2021)
This 8-K filing from Fortinet, Inc. (FTNT) reports on the outcomes of its Annual Meeting of Stockholders held on June 18, 2021. The meeting saw high participation, with approximately 86.2% of outstanding shares represented. Key resolutions included the election of directors, ratification of the independent auditor, and an advisory vote on executive compensation. Investors can be reassured by the strong shareholder support for the company's leadership and governance. All eight nominated directors were overwhelmingly approved for one-year terms. Furthermore, the appointment of Deloitte & Touche LLP as the independent registered accounting firm for fiscal year 2021 received widespread ratification, indicating confidence in the company's financial oversight. The advisory vote on executive compensation also passed with a significant majority, suggesting shareholder alignment with the company's compensation strategies.
Fortinet, Inc. 8-K/A Report, Bylaw Amendment (Apr 30, 2021)
This 8-K/A filing from Fortinet, Inc. serves as an amendment to a previous 8-K report, clarifying a detail regarding the company's recently amended and restated bylaws. The primary purpose of this amendment is to correct a misstatement concerning the 'proxy access' provision implemented by the Board of Directors on April 23, 2021. This provision allows eligible stockholders to nominate directors for inclusion in the company's proxy materials.
Fortinet, Inc. 8-K Report, Financial Results (Apr 29, 2021)
Fortinet, Inc. (FTNT) filed an 8-K on April 29, 2021, to report its financial results for the first quarter ended March 31, 2021. The key information is contained within the press release furnished as Exhibit 99.1, which details the company's operational and financial performance for the period. Investors should refer to this press release for specific figures and commentary on revenue, profitability, and other key financial metrics. While the 8-K itself does not provide the detailed financial figures, it serves as the official notification mechanism for the release of this information. The company's performance in Q1 2021, as reported in the press release, is crucial for understanding the ongoing trajectory of Fortinet's business and its ability to meet market expectations. Investors are advised to review the furnished press release for a comprehensive understanding of the Q1 results.
Fortinet, Inc. 8-K Report, Executive Changes (Apr 28, 2021)
This 8-K filing by Fortinet, Inc. (FTNT) on April 28, 2021, primarily reports on changes related to its Board of Directors and corporate governance. Christopher B. Paisley will not seek reelection to the Board at the upcoming Annual Meeting of Stockholders on June 18, 2021, but will continue to serve until then. More significantly, the company has amended and restated its bylaws to implement proxy access, a provision that allows certain long-term stockholders to nominate director candidates and have them included in the company's proxy materials. This change could impact future board composition and governance dynamics. Investors should note these governance changes. The implementation of proxy access may provide shareholders with greater influence over board nominations, a key aspect of corporate oversight. The departure of a director, while routine, should be monitored in conjunction with the overall strategic direction of the company.
Fortinet, Inc. 8-K Report, Material Agreement (Mar 5, 2021)
Fortinet, Inc. (FTNT) has announced the successful completion of its offering and sale of $1.0 billion in aggregate principal amount of senior unsecured notes. This debt issuance is split equally between $500 million of 1.000% notes due in 2026 and $500 million of 2.200% notes due in 2031. The notes are senior unsecured obligations, ranking equally with existing and future unsecured and unsubordinated debt of Fortinet. This move suggests Fortinet is strategically raising capital, likely to fund growth initiatives, acquisitions, or to bolster its financial flexibility for future opportunities. Investors should note the relatively low interest rates on these notes, indicating favorable market conditions and Fortinet's strong credit profile. The inclusion of a Change of Control provision, requiring Fortinet to repurchase the notes at 101% of par under specific circumstances, offers a degree of protection to bondholders. The company has also incorporated covenants that place limitations on its ability to incur certain liens and engage in sale and leaseback transactions, providing further assurance to debt holders regarding asset protection and financial structure.
Fortinet, Inc. 8-K Report, Material Agreement (Feb 25, 2021)
Fortinet, Inc. (FTNT) announced on February 24, 2021, its entry into a material definitive agreement to issue and sell $1.0 billion in aggregate principal amount of senior notes. This offering consists of $500.0 million of 1.000% notes due 2026 and $500.0 million of 2.200% notes due 2031. The net proceeds are estimated to be approximately $987.1 million after deducting underwriting discounts and expenses.
Fortinet, Inc. 8-K Report, Financial Results (Feb 4, 2021)
Fortinet, Inc. (FTNT) filed an 8-K on February 4, 2021, primarily to report its financial results for the fourth quarter and full year ended December 31, 2020. The accompanying press release, furnished as an exhibit, contains the key financial and operational performance data for the period. Investors should refer to this press release for detailed insights into the company's revenue, profitability, and any forward-looking statements or guidance provided by management. This filing serves as the official notification of these results and is a critical document for understanding Fortinet's recent performance. While the 8-K itself is brief, the referenced press release contains the substance of the financial update, making it the primary source of information for investors evaluating the company's standing and future prospects as of early 2021.
Fortinet, Inc. 8-K Report, Corporate Update (Dec 8, 2020)
Fortinet, Inc. (FTNT) announced on December 8, 2020, its acquisition of Panopta LLC, a cloud-native security SaaS platform. This strategic move aims to enhance Fortinet's Security Fabric platform by integrating Panopta's capabilities in visibility, automated management, alerting, and remediation for enterprise networks and infrastructure. The acquisition, valued at approximately $34.0 million in cash, is expected to bolster Fortinet's offerings in the rapidly growing cloud security market.
Fortinet, Inc. 8-K Report, Financial Results (Oct 29, 2020)
Fortinet, Inc. (FTNT) filed an 8-K on October 29, 2020, to report its financial results for the third quarter ended September 30, 2020. The report itself is brief, primarily serving to furnish a press release containing the detailed financial outcomes. Investors should refer to the furnished press release (Exhibit 99.1) for comprehensive details on the company's performance, including revenue, earnings, and any forward-looking statements or guidance provided. The significance of this filing lies in its provision of the official quarterly financial update, enabling investors to assess Fortinet's operational performance against expectations and industry trends. While the 8-K itself does not contain the results, it officially incorporates the press release by reference, making it a crucial document for understanding the company's financial health and strategic direction as of that period.
Fortinet, Inc. 8-K/A Report, Executive Changes (Oct 20, 2020)
This 8-K/A filing from Fortinet, Inc. (FTNT) provides an update regarding the committee assignments for a newly appointed board member. Specifically, on October 16, 2020, the Board of Directors appointed Mr. Kenneth A. Goldman to the Human Resources Committee. This appointment follows his initial addition to the Board on August 26, 2020, with his term set to expire at the 2021 annual meeting of stockholders. The filing clarifies an earlier disclosure that had not yet specified Mr. Goldman's committee memberships.