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AI English summary of an SEC filing — figures as filed

Fortinet logoFortinet FTNT

The company said that holders of 665,629,784 shares of common stock, present in person or by proxy at the Annual Meeting of Stockholders held on June 13, 2025, represented approximately 87.04% of the shares outstanding and eligible to vote.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that holders of 665,629,784 shares of common stock, present in person or by proxy at the Annual Meeting of Stockholders held on June 13, 2025, represented approximately 87.04% of the shares outstanding and eligible to vote.

  2. Fortinet said its stockholders approved the election of 9 directors to serve one-year terms expiring in 1. Ken Xie received 547,398,733 votes for and 37,943,864 votes against, and Jean Hu received 584,338,096 votes for and 1,004,501 votes against.

  3. The company said its stockholders approved the ratification of Deloitte & Touche LLP as independent registered accounting firm for the fiscal year ending December 31, 2025, with 617,257,742 votes for and 46,421,264 votes against. It said the advisory vote on executive compensation received 508,754,346 votes for and 71,888,380 votes against.

  4. Fortinet said its stockholders did not approve a stockholder proposal to amend the governing documents to require that separate individuals hold the positions of Chairman of the Board and Chief Executive Officer. The proposal received 244,215,122 votes for and 339,132,773 votes against.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Annual Meeting attendance on June 13, 2025

The company said that holders of 665,629,784 shares of common stock, present in person or by proxy at the Annual Meeting of Stockholders held on June 13, 2025, represented approximately 87.04% of the shares outstanding and eligible to vote.

Source · Based on the filing body and exhibits

Stockholders approve election of 9 directors

Fortinet said its stockholders approved the election of 9 directors to serve one-year terms expiring in 1. Ken Xie received 547,398,733 votes for and 37,943,864 votes against, and Jean Hu received 584,338,096 votes for and 1,004,501 votes against.

Source · Based on the filing body and exhibits

Auditor ratification and say-on-pay vote

The company said its stockholders approved the ratification of Deloitte & Touche LLP as independent registered accounting firm for the fiscal year ending December 31, 2025, with 617,257,742 votes for and 46,421,264 votes against. It said the advisory vote on executive compensation received 508,754,346 votes for and 71,888,380 votes against.

Source · Based on the filing body and exhibits

Stockholder proposal to split chair and CEO roles fails

Fortinet said its stockholders did not approve a stockholder proposal to amend the governing documents to require that separate individuals hold the positions of Chairman of the Board and Chief Executive Officer. The proposal received 244,215,122 votes for and 339,132,773 votes against.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.