Insider Sale by Xie Ken (PRESIDENT & CEO)
Trade Summary
2 days ago, Xie Ken, serving as PRESIDENT & CEO at Fortinet, Inc. (FTNT), sold 161,482 shares at $162.66 per share, for a total transaction value of $26,266,878.22. Following this transaction, Xie Ken now holds 52,972,372 shares of FTNT.
This sale represents a 0.30% decrease in Xie Ken's stake in the company.
The trade was executed on Monday, August 3, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, August 4, 2026 at 5:13 PM ET, 1 day after the trade was made.
Fortinet, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$162.66
Quantity
161,482
Total Value
$26,266,878.22
Shares Owned
52,972,372
Trade Date
2 days ago
SEC Filing Date
at 5:13 PM ET
Filed 1 day after trade
Discussion