Xie Michael sold FTNT
August 4, 2025 · Form 4 insider transaction
Xie Michael sold 387,223 shares of Fortinet, Inc. at $98.43 per share, a transaction worth $38.12M. 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
387,223
Price
$98.43
Total value
$38.12M
InsiderXie Michael
RoleOfficer, Director
CompanyFortinet, Inc. (FTNT)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 4, 2025
Filing dateAugust 5, 2025
Shares owned after9,805,833
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 10, 2024.; Represents the weighted average sale price. The lowest price at which shares were sold was $97.70 and the highest price at which shares were sold was $98.69.