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FORTINET INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and FORTINET INC.’s Form 8-K, filed June 20, 2024 (Item 5.07 on EDGAR). Page generated October 25, 2026.

11Ballot items
868Asset managers
10,186Fund votes
June 14, 2024Meeting date

Results at a glance

Meeting of June 14, 2024: 11 items on FORTINET INC.’s Form 8-K, filed June 20, 2024: 1 approved · 10 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore FORTINET INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by FORTINET INC.

These tallies are FORTINET INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 20, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

FORTINET INC. — official shareholder meeting results, meeting held June 14, 2024
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Ken Xie	548,289,179	37,066,797	0	--	70,869,080	94%	Not verified	—
Elect Director: Michael Xie	582,509,989	2,845,987	0	--	70,869,080	99.5%	Not verified	—
Elect Director: Kenneth A. Goldman	566,821,223	18,534,753	0	--	70,869,080	97%	Not verified	—
Elect Director: Ming Hsieh	576,000,138	9,355,838	0	--	70,869,080	98%	Not verified	—
Elect Director: Jean Hu	584,386,480	969,496	0	--	70,869,080	99.8%	Not verified	—
Elect Director: William Neukom	572,667,637	12,688,339	0	--	70,869,080	98%	Not verified	—
Elect Director: Judith Sim	566,962,408	18,393,568	0	--	70,869,080	97%	Not verified	—
Elect Director: Admiral James Stavridis (Ret)	553,673,363	31,682,613	0	--	70,869,080	95%	Not verified	—
Elect Director: Mary Agnes "Maggie" Wilderotter	563,955,989	21,399,987	0	--	70,869,080	96%	Not verified	—
Proposal 2: Ratification of Appointment of Independent Registered Accounting Firm Fortinet's stockholders ratified the appointment of Deloitte & Touche LLP as Fortinet's independent registered accounting firm for the fiscal year ending December 31, 2024 by the	625,715,024	30,095,150	414,882	--	--	95%	Approved	—
3. Advisory Vote on Named Executive Officer Compensation Fortinet's stockholders cast their votes with respect to the advisory vote on Fortinet's named executive officer compensation	513,869,410	70,896,492	590,074	--	70,869,080	88%	Not verified	—

Source: FORTINET INC., Form 8-K, filed with the SEC on June 20, 2024 — read the filing on EDGAR.

How asset managers voted at the FORTINET INC. 2023-2024 meeting

Each item below shows how the 868 asset managers that disclosed a FORTINET INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Ken Xie

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 548,289,179AGAINST: 37,066,797

Details: description as filed, official tally, votes by 161 asset managers

Description as filed by funds: To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until their respective successors have been duly elected and qualified: Ken Xie

FORTINET INC.’s own tally for this item (“Elect Director: Ken Xie”): 548,289,179 for, 37,066,797 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 184,641,724 for, 328,001 against, 1,841 abstained.

FOR

FOR: 184,641,724AGAINST: 328,001ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,635,141	3,035	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,585	331	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

2. Elect Director: Michael Xie

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 582,509,989AGAINST: 2,845,987

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Michael Xie”): 582,509,989 for, 2,845,987 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 184,728,456 for, 241,269 against, 1,841 abstained.

FOR

FOR: 184,728,456AGAINST: 241,269ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,635,141	3,035	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,585	331	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

3. Elect Director: Kenneth A. Goldman

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 566,821,223AGAINST: 18,534,753

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Kenneth A. Goldman”): 566,821,223 for, 18,534,753 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 184,654,777 for, 314,948 against, 1,841 abstained.

FOR

FOR: 184,654,777AGAINST: 314,948ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,635,141	3,035	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,628	288	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,371,042	12,130	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

4. Elect Director: Ming Hsieh

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 576,000,138AGAINST: 9,355,838

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Ming Hsieh”): 576,000,138 for, 9,355,838 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 184,571,943 for, 397,782 against, 1,841 abstained.

FOR

FOR: 184,571,943AGAINST: 397,782ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,635,141	3,035	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,446	470	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

5. Elect Director: Jean Hu

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 584,386,480AGAINST: 969,496

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Jean Hu”): 584,386,480 for, 969,496 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 184,813,213 for, 156,512 against, 1,841 abstained.

FOR

FOR: 184,813,213AGAINST: 156,512ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,635,141	3,035	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,628	288	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

6. Elect Director: William Neukom

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 572,667,637AGAINST: 12,688,339

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: William Neukom”): 572,667,637 for, 12,688,339 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 161 asset managers below reported 183,021,724 for, 1,948,001 against, 1,841 abstained.

FOR

FOR: 183,021,724AGAINST: 1,948,001ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,629,380	8,796	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,103	813	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	0	1,377,670	Against
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

7. Elect Director: Judith Sim

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 566,962,408AGAINST: 18,393,568

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Judith Sim”): 566,962,408 for, 18,393,568 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 161 asset managers below reported 184,601,529 for, 368,196 against, 1,841 abstained.

FOR

FOR: 184,601,529AGAINST: 368,196ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,629,380	8,796	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,284	632	For
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

8. Elect Director: Admiral James Stavridis (Ret)

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 553,673,363AGAINST: 31,682,613

Details: description as filed, official tally, votes by 161 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Admiral James Stavridis (Ret)”): 553,673,363 for, 31,682,613 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 161 asset managers below reported 176,514,506 for, 8,455,219 against, 1,841 abstained.

FOR

FOR: 176,514,506AGAINST: 8,455,219ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,629,380	8,796	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	3,093	6,143,823	Against
First Trust	4,964,358	0	For
Invesco	4,935,998	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,452,654	0	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	0	1,609,112	Against
Dimensional	1,493,589	0	For
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	806,604	0	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

9. Elect Director: Mary Agnes "Maggie" Wilderotter

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 563,955,989AGAINST: 21,399,987

Details: description as filed, official tally, votes by 159 asset managers

FORTINET INC.’s own tally for this item (“Elect Director: Mary Agnes "Maggie" Wilderotter”): 563,955,989 for, 21,399,987 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 159 asset managers below reported 178,080,230 for, 6,869,954 against, 1,841 abstained.

FOR

FOR: 178,080,230AGAINST: 6,869,954ABSTAIN: 1,841

Largest asset managers voting on “To elect nine directors to serve for a term of one year until the next annual meeting of stockholders or until” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	66,198,765	0	For
BlackRock	20,638,176	0	For
T. Rowe Price	19,694,602	0	For
Fidelity	17,458,529	0	For
State Street	6,146,916	0	For
First Trust	4,964,358	0	For
Invesco	0	4,935,998	Against
AB LARGE CAP GROWTH FUND INC	3,951,787	0	For
Charles Schwab	3,628,643	0	For
Jackson National	3,437,761	14,893	For
VanEck ETF Trust	2,550,982	0	For
Columbia Threadneedle	2,146,002	0	For
TIAA	1,748,836	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	For
Parnassus	1,609,112	0	For
Dimensional	0	1,493,589	Against
Thrivent	1,453,348	0	For
Global X	1,383,172	0	For
Amplify ETF Trust	1,377,670	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	For
Legg Mason	1,024,312	0	For
Victory Capital	961,204	0	For
ProShares	914,126	0	For
Equitable	803,053	3,551	For
Brighthouse	662,293	139,772	Mixed

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

10. 3. Advisory Vote on Named Executive Officer Compensation Fortinet's stockholders cast their votes with respect to the…

Outcome not verified Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 23 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%

FOR: 513,869,410AGAINST: 70,896,492

Details: description as filed, official tally, votes by 865 asset managers

Description as filed by funds: Advisory vote to approve named executive officer compensation, as disclosed in the Proxy Statement.

FORTINET INC.’s own tally for this item (“3. Advisory Vote on Named Executive Officer Compensation Fortinet's stockholders cast their votes with respect to the advisory vote on Fortinet's named executive officer compensation”): 513,869,410 for, 70,896,492 against, per its Form 8-K filed June 20, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 88% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 155 asset managers voting on “Advisory vote to approve named executive officer compensation, as disclosed in the Proxy Statement.” at FORTINET INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	66,198,765	0	0	For
BlackRock	20,626,136	12,040	0	For
T. Rowe Price	19,694,602	0	0	For
Fidelity	17,458,529	0	0	For
State Street	6,146,284	632	0	For
First Trust	4,964,358	0	0	For
Invesco	4,935,998	0	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	0	For
Charles Schwab	3,628,643	0	0	For
Jackson National	2,176,904	1,275,750	0	Mixed
VanEck ETF Trust	2,550,982	0	0	For
Columbia Threadneedle	2,146,002	0	0	For
TIAA	1,748,836	0	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	0	For
Parnassus	1,609,112	0	0	For
Dimensional	1,493,589	0	0	For
Thrivent	1,453,348	0	0	For
Global X	1,370,867	12,305	0	For
Amplify ETF Trust	1,377,670	0	0	For
MASTER INVESTMENT PORTFOLIO	1,051,234	0	0	For
Legg Mason	1,024,312	0	0	For
Victory Capital	961,204	0	0	For
ProShares	914,126	0	0	For
Equitable	806,604	0	0	For
Brighthouse	652,458	9,835	139,772	Mixed

Fund voting reports, all 155 managers: 182,357,646 for, 2,283,612 against, 141,627 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 743 asset managers voting on “Advisory vote to approve named executive officer compensation, as disclosed in the Proxy Statement.” at FORTINET INC., 2023-2024
Asset manager	For	Against	Vote
T. Rowe Price	43,005,951	0	For
BlackRock	22,170,368	170,192	For
State Street	16,011,853	74,433	For
GEODE CAPITAL MANAGEMENT, LLC	14,425,489	0	For
AllianceBernstein	13,136,696	0	For
FUNDSMITH INVESTMENT SERVICES LTD.	0	11,365,542	Against
Walter Scott & Partners Ltd	8,163,848	0	For
Swedbank Robur Fonder AB	0	7,922,442	Against
NORDEA INVESTMENT MANAGEMENT AB	16,113	7,625,291	Against
Northern Trust	5,594,202	27,423	For
Invesco	5,378,219	0	For
Legal & General Investment Management Ltd	0	5,340,895	Against
MELLON INVESTMENTS Corp	0	4,014,700	Against
Charles Schwab	3,666,854	0	For
UBS	2,679,100	931,388	Mixed
Fidelity	2,866,384	0	For
Vanguard	2,859,863	0	For
PICTET ASSET MANAGEMENT SA	2,850,872	0	For
BESSEMER TRUST Co NATIONAL ASSOCIATION	2,618,966	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,581,713	0	For
VAN ECK ASSOCIATES CORP	2,556,091	0	For
MARSHALL WACE, LLP	0	2,546,662	Against
SCHRODER INVESTMENT MANAGEMENT GROUP	0	2,384,849	Against
Amundi	0	2,329,885	Against
JACOBS LEVY EQUITY MANAGEMENT, INC	2,314,200	0	For

Institutional-manager reports, all 743 managers: 238,697,679 for, 58,253,992 against, 375 withheld, 28,128 abstained, 65,434 not voted, 253 unknown. Showing the 25 largest; see all in the interactive database.

11. Proposal 2: Ratification of Appointment of Independent Registered Accounting Firm Fortinet's stockholders ratified the…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 10 wordings of this item as funds reported it.

95% Approved · of votes cast

FOR 95%

FOR: 625,715,024AGAINST: 30,095,150

Details: description as filed, official tally, votes by 165 asset managers

Description as filed by funds: Ratify the appointment of Deloitte & Touche LLP as Fortinet's independent registered public accounting firm for the fiscal year ending December 31, 2024.

FORTINET INC.’s own tally for this item (“Proposal 2: Ratification of Appointment of Independent Registered Accounting Firm Fortinet's stockholders ratified the appointment of Deloitte & Touche LLP as Fortinet's independent registered accounting firm for the fis”): 625,715,024 for, 30,095,150 against — passed, per its Form 8-K filed June 20, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal Two - Ratification of Appointment of Independent Registered Accounting Firm Fortinet's stockholders ratified the appointment of Deloitte & Touche LLP as Fortinet's independent registered accounting firm for the fiscal year ending December 31, 2024 by the following votes:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 165 asset managers below reported 183,140,689 for, 1,554,800 against, 141,620 abstained.

FOR

FOR: 183,140,689AGAINST: 1,554,800ABSTAIN: 141,620

Largest asset managers voting on “Ratify the appointment of Deloitte & Touche LLP as Fortinet's independent registered public accounting firm fo” at FORTINET INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	66,198,765	0	0	For
BlackRock	20,638,176	0	0	For
T. Rowe Price	19,694,602	0	0	For
Fidelity	17,458,529	0	0	For
State Street	6,146,735	181	0	For
First Trust	4,964,358	0	0	For
Invesco	4,935,998	0	0	For
AB LARGE CAP GROWTH FUND INC	3,951,787	0	0	For
Charles Schwab	3,628,643	0	0	For
Jackson National	3,452,654	0	0	For
VanEck ETF Trust	2,550,982	0	0	For
Columbia Threadneedle	2,146,002	0	0	For
TIAA	1,748,836	0	0	For
OLD WESTBURY FUNDS INC	1,662,568	0	0	For
Parnassus	1,609,112	0	0	For
Dimensional	1,493,589	0	0	For
Thrivent	1,453,348	0	0	For
Global X	1,382,997	175	0	For
Amplify ETF Trust	0	1,377,670	0	Against
MASTER INVESTMENT PORTFOLIO	1,051,234	0	0	For
Legg Mason	1,024,312	0	0	For
Victory Capital	961,204	0	0	For
ProShares	914,126	0	0	For
Equitable	806,604	0	0	For
Brighthouse	652,458	9,835	139,772	Mixed

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of June 13, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest FORTINET INC. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 763,200,000 shares outstanding at the time of that meeting.

Fund voting reports: top FORTINET INC. shareholders by shares voted on “Advisory vote to approve named executive officer compensation, as disclosed in the Proxy…”, 2023-2024
#	Asset manager	% of shares outstanding
1	Vanguard	8.67%
2	BlackRock	2.70%
3	T. Rowe Price	2.58%
4	Fidelity	2.29%
5	State Street	0.81%
6	First Trust	0.65%
7	Invesco	0.65%
8	AB LARGE CAP GROWTH FUND INC	0.52%
9	Charles Schwab	0.48%
10	Jackson National	0.45%

Institutional-manager reports: top FORTINET INC. shareholders by shares voted on “Advisory vote to approve named executive officer compensation, as disclosed in the Proxy…”, 2023-2024
#	Asset manager	% of shares outstanding
1	T. Rowe Price	5.63%
2	BlackRock	2.93%
3	State Street	2.11%
4	GEODE CAPITAL MANAGEMENT, LLC	1.89%
5	AllianceBernstein	1.72%
6	FUNDSMITH INVESTMENT SERVICES LTD.	1.49%
7	Walter Scott & Partners Ltd	1.07%
8	Swedbank Robur Fonder AB	1.04%
9	NORDEA INVESTMENT MANAGEMENT AB	1.00%
10	Northern Trust	0.74%

Reported FORTINET INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

FORTINET INC. holdings and ownership disclosed for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Ken Xie	10.32%	DEF14A
Vanguard Group	9.90%	13F
Michael Xie	9.23%	DEF14A
BlackRock	8.14%	13F
T. Rowe Price	4.60%	13F
State Street	3.51%	13F
BNY Mellon	2.36%	13F
Geode Capital	1.89%	13F
Morgan Stanley	1.41%	13F
Invesco	0.82%	13F

Percentages above are of 763,200,000 shares outstanding, as reported by FORTINET INC. on its Form 10-Q dated March 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from FORTINET INC.’s 10-Q dated March 31, 2024. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At FORTINET INC.'s shareholder meeting held June 14, 2024, in the 2023-2024 proxy season, 868 asset managers reported how they voted on 11 ballot items in their SEC Form N-PX filings, covering 10,186 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve named executive officer compensation, as disclosed in the Proxy… — FOR was 88% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: FORTINET INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 20, 2024.

FORTINET INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.