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Xie Ken's Form 4 filing

Fortinet, Inc. (FTNT) · filed Feb 3, 2026

Accession no.
0001475587-26-000004
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 $14.3M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Xie KenCIK 0001475587Director, Officer (PRESIDENT & CEO)

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
Feb 1, 2026Common StockMOption exerciseAcquired+6,020$0.00$051,397,899Direct
Feb 1, 2026Common StockMOption exerciseAcquired+6,260$0.00$051,404,159Direct
Feb 1, 2026Common StockMOption exerciseAcquired+4,558$0.00$051,408,717Direct
Feb 1, 2026Common StockMOption exerciseAcquired+9,101$0.00$051,417,818Direct
Feb 1, 2026Common StockMOption exerciseAcquired+62,109$0.00$051,479,927Direct
Feb 1, 2026Common StockFTax withholdingDisposed−42,685$81.26−$3,468,583.151,437,242Direct
Feb 2, 2026Common StockMOption exerciseAcquired+134,880$16.90+$2,279,47251,572,122Direct
Feb 2, 2026Common StockSSaleDisposed−80,392$81.06F4−$6,516,575.5251,491,730Direct
Feb 2, 2026Common StockSSaleDisposed−94,170$81.72F5−$7,695,572.451,397,560Direct
Feb 2, 2026Common StockSSaleDisposed−1,175$82.33F6−$96,737.7551,396,385Direct

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
Feb 1, 2026Common StockMOption exerciseDisposed−6,020$0.00$00Direct
Feb 1, 2026Common StockMOption exerciseDisposed−6,260$0.00$025,040Direct
Feb 1, 2026Common StockMOption exerciseDisposed−4,558$0.00$036,461Direct
Feb 1, 2026Common StockMOption exerciseDisposed−9,101$0.00$027,304Direct
Feb 1, 2026Common StockMOption exerciseDisposed−62,109$0.00$00Direct
Feb 2, 2026Common StockMOption exerciseDisposed−134,880$0.00$00Direct

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 $80.31 and the highest price at which shares were sold was $81.30.

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 $81.31 and the highest price at which shares were sold was $82.30.

Referenced by the price of 1 transaction in Table I.

F6

Reepresents the weighted average sale price. The lowest price at which shares were sold was $82.31 and the highest price at which shares were sold was $82.36.

Referenced by the price of 1 transaction in Table I.

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