Xie Michael sold FTNT
August 4, 2025 · Form 4 insider transaction
Xie Michael sold 75,273 shares of Fortinet, Inc. at $98.93 per share, a transaction worth $7.45M. 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
75,273
Price
$98.93
Total value
$7.45M
InsiderXie Michael
RoleOfficer, Director
CompanyFortinet, Inc. (FTNT)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 4, 2025
Filing dateAugust 5, 2025
Shares owned after9,730,560
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 $98.70 and the highest price at which shares were sold was $99.33.