Michael Xie, VP, ENGINEERING & CTO at Fortinet, Inc. (FTNT), sold 54,053 shares at $63.43 ($3.5M) on 2024-05-02, disclosed to the SEC on 2024-05-02.
Scheduled sale ($3.5M) by VP, ENGINEERING & CTO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $63.53 | 4,633 | $294K | 8.5% |
| 2 | $63.43 | 5,074 | $322K | 9.2% |
| 3 | $63.43 | 5,074 | $322K | 9.2% |
| 4 | $64.68 | 16,960 | $1.1M | 31.5% |
| 5 | $64.68 | 16,960 | $1.1M | 31.5% |
| 6 | $65.19 | 2,676 |
| $174K |
| 5.0% |
| 7 | $65.19 | 2,676 | $174K | 5.0% |
| Total | $64.40 avg | 54,053 | $3.5M | 100% |
| Filing → |
| FTNT | SELL | 2026-05-05 | $220K | — | Filing → |
| FTNT | SELL | 2026-02-03 | $55.9M | — | Filing → |
| FTNT | SELL | 2025-11-04 | $554K | — | Filing → |