Fortinet, Inc. VP and CTO Michael Xie's Stock Transactions

SEC Filing 4 (0001415889-25-021084)

The SEC filing details the stock transactions of Michael Xie, VP of Engineering and CTO at Fortinet, Inc. The report covers the period from August 1, 2025, to August 4, 2025. Key transactions include the vesting of restricted stock units (RSUs) and the sale of common stock. On August 1, 2025, RSUs vested, resulting in the acquisition of 2,030, 2,763, and 2,242 shares of common stock. Additionally, on August 4, 2025, Michael Xie sold a total of 476,596 shares of common stock at weighted average prices ranging from $97.39 to $98.93 per share. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024. The filing also notes that a portion of the shares sold were relinquished to cover tax withholding obligations related to the vesting of RSUs.