secwatch.observer — SEC 8-K summary
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Issuer:     Fortinet, Inc. (FTNT)
CIK:        0001262039
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001262039-24-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortinet appoints Maggie Wilderotter to board, Christiane Ohlgart as CAO
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- Board expanded from 8 to 9; Wilderotter appointed effective April 19, 2024; served on over 30 public company boards.
- Wilderotter receives $55K annual cash retainer plus RSUs pro-rated to 2024 annual meeting.
- Christiane Ohlgart appointed Chief Accounting Officer effective March 18, 2024; base salary $450K, target bonus 50%.
- Ohlgart to receive RSU award value $750K (4-year vest) and PSU award value $750K (performance-based).
- Ohlgart previously served as Fortinet VP Finance (2016-2021) and most recently CFO at IGEL Technology.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262039/000126203924000011/0001262039-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262039/000126203924000011/ftnt-20240216.htm
  HTML page:      https://secwatch.observer/filing/0001262039-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer