Michael Xie, VP, ENGINEERING & CTO at Fortinet, Inc. (FTNT), sold 942,581 shares at $98.93 ($92.8M) on 2025-08-04, disclosed to the SEC on 2025-08-05.
Scheduled sale ($92.8M) 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 | $97.36 | 3,489 | $340K | 0.4% |
| 2 | $97.39 | 14,100 | $1.4M | 1.5% |
| 3 | $98.43 | 387,223 | $38.1M | 41.1% |
| 4 | $98.43 | 387,223 | $38.1M | 41.1% |
| 5 | $98.93 | 75,273 | $7.4M | 8.0% |
| 6 | $98.93 | 75,273 |
| $7.4M |
| 8.0% |
| Total | $98.49 avg | 942,581 | $92.8M | 100% |
| Filing → |
| FTNT | SELL | 2026-05-05 | $220K | — | Filing → |
| FTNT | SELL | 2026-02-03 | $55.9M | — | Filing → |
| FTNT | SELL | 2025-11-04 | $554K | — | Filing → |