Ken Xie, President & CEO at Fortinet, Inc. (FTNT), sold 168,410 shares at $59.62 ($10.2M) on 2024-01-09, disclosed to the SEC on 2024-01-11.
Scheduled sale ($10.2M) by President & CEO 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 | $59.62 | 23,165 | $1.4M | 13.6% |
| 2 | $59.62 | 23,165 | $1.4M | 13.6% |
| 3 | $60.60 | 23,568 | $1.4M | 14.1% |
| 4 | $60.60 | 23,568 | $1.4M | 14.1% |
| 5 | $59.53 | 11,808 | $703K | 6.9% |
| 6 | $59.53 | 11,808 |
| $703K |
| 6.9% |
| 7 | $60.68 | 16,244 | $986K | 9.7% |
| 8 | $60.68 | 16,244 | $986K | 9.7% |
| 9 | $61.40 | 18,840 | $1.2M | 11.4% |
| Total | $60.29 avg | 168,410 | $10.2M | 100% |
| Filing → |
| FTNT | SELL | 2026-05-05 | $476K | — | Filing → |
| FTNT | SELL | 2026-02-03 | $28.6M | — | Filing → |
| FTNT | SELL | 2025-11-04 | $27.4M | — | Filing → |