Xie Ken sold FTNT
August 4, 2025 · Form 4 insider transaction
Xie Ken sold 129,209 shares of Fortinet, Inc. at $98.44 per share, a transaction worth $12.72M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
129,209
Price
$98.44
Total value
$12.72M
InsiderXie Ken
RoleOfficer, Director
CompanyFortinet, Inc. (FTNT)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 4, 2025
Filing dateAugust 5, 2025
Shares owned after51,416,256
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2024.; Represents the weighted average sale price. The lowest price at which shares were sold was $97.71 and the highest price at which shares were sold was $98.70.