Michael Xie, VP, ENGINEERING & CTO at Fortinet, Inc. (FTNT), sold 5,662 shares at $87.04 ($495K) on 2026-05-04, disclosed to the SEC on 2026-05-05.
Scheduled sale ($495k) 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 | $86.29 | 3,184 | $275K | 55.5% |
| 2 | $87.04 | 190 | $17K | 3.3% |
| 3 | $88.09 | 197 | $17K | 3.5% |
| 4 | $89.12 | 2,028 | $181K | 36.5% |
| 5 | $89.61 | 63 | $6K | 1.1% |
| Total | $87.43 avg | 5,662 |
| $495K |
| 100% |
| Filing → |
| FTNT | SELL | 2026-02-03 | $55.9M | — | Filing → |
| FTNT | SELL | 2025-11-04 | $554K | — | Filing → |
| FTNT | SELL | 2025-08-05 | $92.5M | — | Filing → |