Fortinet, Inc. Form 4 Filing for Xie Ken

SEC Filing 4 (0001415889-25-021079)

The SEC Form 4 filing for Fortinet, Inc. (FTNT) reports transactions by Xie Ken, the President & CEO, and a director of the company. The filing details several transactions involving Restricted Stock Units (RSUs) and Nonqualified Stock Options. On August 1, 2025, Ken disposed of 6,015 RSUs, 6,260 RSUs, and 4,558 RSUs, which were previously granted and vested. These transactions were part of the company's agreement to pay federal and state tax withholding obligations resulting from the vesting of RSUs. Additionally, on August 4, 2025, Ken exercised a Nonqualified Stock Option to acquire 150,000 shares of common stock at a price of $16.898 per share. The filing also reports the sale of common stock by Ken on August 4, 2025, under a Rule 10b5-1 trading plan, with shares sold at weighted average prices ranging from $96.69 to $99.32. The total shares owned by Ken following these transactions amounted to 51,391,879 shares of common stock.