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Form 8-K · Current Report · Filed 2025-06-18

Fortinet Director Elections and Shareholder Votes Detailed in Annual Meeting Report

Fortinet, Inc.'s Annual Meeting of Stockholders on June 13, 2025, saw the election of nine directors approved by a significant majority.

Filer
Fortinet Inc. FTNT · NASDAQ
Filed
Accession
0001262039-25-000022
CIK
0001262039
Signal
Medium impactTechnology

Details

Shareholders also ratified the appointment of Deloitte & Touche LLP as the independent accounting firm and approved the advisory vote on named executive officer compensation. However, a stockholder proposal to separate the roles of Chairman and CEO was rejected by a majority of votes.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Say-on-Pay Approved Shareholder Rejection

Market reaction

Close before filing

$102.88

Next session

-2.9%

Since filing

+57.4%

Latest close

$161.95

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FTNT reporting the same item, with the next session's move:

About Fortinet Inc.

Fortinet Inc. is a global leader in cybersecurity solutions, primarily focused on developing robust security systems to protect against cyber threats. The company's extensive product line includes firewalls, antivirus, intrusion prevention systems, and endpoint security, designed to provide comprehensive protection for networks, cloud infrastructures, and critical applications. Fortinet serves a vast array of clients across different sectors, including enterprises, service providers, and government organizations, addressing their evolving security needs in an increasingly digitized and interconnected business environment. Founded in 2000 and headquartered in Sunnyvale, California, Fortinet's commitment to innovation is evident through its investment in advanced technologies like artificial intelligence and machine learning, enhancing the efficiency and responsiveness of its security solutions. The company’s significant role in the market is underscored by its FortiGuard Labs, delivering real-time intelligence and proactive threat detection to a global clientele. As a pivotal player in the cybersecurity industry, Fortinet helps drive digital transformation while ensuring digital integrity, maintaining a critical stance in safeguarding sensitive data and maintaining secure digital operations across the world.

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