Xie Michael's Form 4 filing
Fortinet, Inc. (FTNT) · filed Feb 3, 2026
- Accession no.
- 0001475586-26-000004
- Filed
- Feb 3, 2026
- Trade date
- Feb 1-2, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 10 non-derivative transactions and 6 derivative transactions. Open-market sales total $27.9M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Xie MichaelCIK 0001475586 | Director, Officer (VP, ENGINEERING & CTO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 1, 2026 | Common Stock | MOption exerciseAcquired | +2,030 | $0.00 | $0 | 10,209,048 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseAcquired | +2,764 | $0.00 | $0 | 10,211,812 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseAcquired | +2,243 | $0.00 | $0 | 10,214,055 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseAcquired | +5,200 | $0.00 | $0 | 10,219,255 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseAcquired | +28,823 | $0.00 | $0 | 10,248,078 | Direct | |
| Feb 1, 2026 | Common Stock | FTax withholdingDisposed | −18,975 | $81.26 | −$1,541,908.5 | 10,229,103 | Direct | |
| Feb 2, 2026 | Common Stock | MOption exerciseAcquired | +324,285 | $16.90 | +$5,480,416.5 | 10,553,388 | Direct | |
| Feb 2, 2026 | Common Stock | SSaleDisposed | −129,378 | $81.01F4 | −$10,480,911.78 | 10,424,010 | Direct | |
| Feb 2, 2026 | Common Stock | SSaleDisposed | −204,282 | $81.64F5 | −$16,677,582.48 | 10,219,728 | Direct | |
| Feb 2, 2026 | Common Stock | SSaleDisposed | −9,446 | $82.28F6 | −$777,216.88 | 10,210,282 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 1, 2026 | Common Stock | MOption exerciseDisposed | −2,030 | $0.00 | $0 | 0 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseDisposed | −2,764 | $0.00 | $0 | 11,054 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseDisposed | −2,243 | $0.00 | $0 | 17,938 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseDisposed | −5,200 | $0.00 | $0 | 15,602 | Direct | |
| Feb 1, 2026 | Common Stock | MOption exerciseDisposed | −28,823 | $0.00 | $0 | 0 | Direct | |
| Feb 2, 2026 | Common Stock | MOption exerciseDisposed | −324,285 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F4
Represents the weighted average sale price. The lowest price at which shares were sold was $80.25 and the highest price at which shares were sold was $81.245.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average sale price. The lowest price at which shares were sold was $81.25 and the highest price at which shares were sold was $82.24.
Referenced by the price of 1 transaction in Table I.
- F6
Represents the weighted average sale price. The lowest price at which shares were sold was $82.25 and the highest price at which shares were sold was $82.36.
Referenced by the price of 1 transaction in Table I.