Fortinet Files 8-K/A Amendment on Officer/Director Changes

Ticker: FTNT · Form: 8-K/A · Filed: 2024-07-24T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, director-changes, amendment

Related Tickers: FTNT

TL;DR

Fortinet filed an amendment regarding leadership and compensation changes. Details are sparse.

AI Summary

Fortinet, Inc. filed an amendment (8-K/A) on July 24, 2024, to a previous report dated July 19, 2024. This amendment pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. The filing does not provide specific names or dollar amounts related to these changes.

Why It Matters

This amendment clarifies changes in Fortinet's leadership structure and executive compensation, which can impact investor confidence and the company's strategic direction.

Risk Assessment

Risk Level: medium — Amendments to 8-K filings concerning officer and director changes can signal internal shifts that may affect company strategy or governance.

Key Players & Entities

FAQ

What specific event triggered the original 8-K filing on July 19, 2024?

The filing indicates the original report concerned the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

What is the purpose of this 8-K/A filing?

This filing serves as an amendment to a previous 8-K report, providing updated or corrected information regarding the aforementioned corporate governance and compensation matters.

Does the amendment provide details on the specific individuals involved in the officer or director changes?

The provided text of the 8-K/A does not specify the names of the officers or directors involved in the changes.

Are there any financial figures disclosed in this amendment regarding compensatory arrangements?

The provided text of the 8-K/A does not include specific dollar amounts related to compensatory arrangements.

What is Fortinet, Inc.'s principal executive office address?

Fortinet, Inc.'s principal executive offices are located at 909 Kifer Road, Sunnyvale, CA 94086.

From the Filing

0001262039-24-000028.txt : 20240724 0001262039-24-000028.hdr.sgml : 20240724 20240724163732 ACCESSION NUMBER: 0001262039-24-000028 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240719 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240724 DATE AS OF CHANGE: 20240724 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fortinet, Inc. CENTRAL INDEX KEY: 0001262039 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770560389 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34511 FILM NUMBER: 241138518 BUSINESS ADDRESS: STREET 1: 909 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 408-235-7700 MAIL ADDRESS: STREET 1: 909 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 FORMER COMPANY: FORMER CONFORMED NAME: FORTINET INC DATE OF NAME CHANGE: 20030902 8-K/A 1 ftnt-20240719.htm FORM 8-K/A ftnt-20240719 0001262039 false 0001262039 2024-07-19 2024-07-19 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K/A (Amendment No. 1) CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 19, 2024 FORTINET, INC. (Exact name of registrant as specified in its charter) Delaware 001-34511 77-0560389 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 909 Kifer Road Sunnyvale , CA 94086 (Address of principal executive offices, including zip code) ( 408 ) 235-7700 (Registrant ’ s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Exchange Act: (Title of each class) (Trading Symbol) (Name of exchange on which registered) Common Stock, $0.001 Par Value FTNT The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company     ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Fortinet, Inc. (the “Company”) filed a Current Report on Form 8-K on February 23, 2024 disclosing, among other things, that, on February 16, 2024, the Board of Directors (the “Board”) of the Company appointed Mary Agnes “Maggie” Wilderotter to join the Board as a director, with an initial term to expire at the Company’s 2024 annual meeting of stockholders (“2024 Annual Meeting”) and with such appointment being effective as of April 19, 2024. At the 2024 Annual Meeting, Ms. Wilderotter wa

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