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Xie Michael's Form 4 filing

Fortinet, Inc. (FTNT) · filed Aug 4, 2026

Accession no.
0001475586-26-000018
Filed
Aug 4, 2026, 5:15 PM ET
Trade date
Aug 1-3, 2026
Filing delay
3 days
Rule 10b5-1 plan
Checked

This filing lists 8 non-derivative transactions and 3 derivative transactions. Open-market sales total $507.6K. It was filed 3 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.

Reporting owners on this filing
OwnerRelationship to the company
Xie MichaelCIK 0001475586Director, 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.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 1, 2026Common StockMOption exerciseAcquired+2,764$0.00$09,921,124Direct
Aug 1, 2026Common StockMOption exerciseAcquired+2,242$0.00$09,923,366Direct
Aug 1, 2026Common StockMOption exerciseAcquired+1,300$0.00$09,924,666Direct
Aug 1, 2026Common StockFTax withholdingDisposed−3,185$161.95−$515,810.759,921,481Direct
Aug 3, 2026Common StockSSaleDisposed−700$160.36F4−$112,2529,920,781Direct
Aug 3, 2026Common StockSSaleDisposed−200$161.75F5−$32,3509,920,581Direct
Aug 3, 2026Common StockSSaleDisposed−1,421$163.12F6−$231,790.829,919,160Direct
Aug 3, 2026Common StockSSaleDisposed−800$163.98F7−$131,181.049,918,360Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 1, 2026Common StockMOption exerciseDisposed−2,764$0.00$05,527Direct
Aug 1, 2026Common StockMOption exerciseDisposed−2,242$0.00$013,454Direct
Aug 1, 2026Common StockMOption exerciseDisposed−1,300$0.00$013,002Direct

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 $160.04 and the highest price at which shares were sold was $160.79. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (4), (5), (6) and (7) to this Form 4.

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 $161.49 and the highest price at which shares were sold was $162.01.

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 $162.615 and the highest price at which shares were sold was $163.57.

Referenced by the price of 1 transaction in Table I.

F7

Represents the weighted average sale price. The lowest price at which shares were sold was $163.64 and the highest price at which shares were sold was $164.15.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)