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Xie Ken's Form 4 filing

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

Accession no.
0001475587-26-000012
Filed
Jun 3, 2026
Trade date
Jun 2, 2026
Filing delay
1 day
Rule 10b5-1 plan
Checked

This filing lists 9 non-derivative transactions and 1 derivative transaction. Open-market sales total $23.4M. It was filed 1 day 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
Jun 2, 2026Common StockMOption exerciseAcquired+155,000$22.90+$3,549,50053,133,004Direct
Jun 2, 2026Common StockSSaleDisposed−9,641$142.37F2−$1,372,589.1753,123,363Direct
Jun 2, 2026Common StockSSaleDisposed−19,867$143.43F3−$2,849,523.8153,103,496Direct
Jun 2, 2026Common StockSSaleDisposed−39,854$144.29F4−$5,750,533.6653,063,642Direct
Jun 2, 2026Common StockSSaleDisposed−12,821$145.04F5−$1,859,557.8453,050,821Direct
Jun 2, 2026Common StockSSaleDisposed−37,540$146.36F6−$5,494,354.453,013,281Direct
Jun 2, 2026Common StockSSaleDisposed−13,790$147.37F7−$2,032,232.352,999,491Direct
Jun 2, 2026Common StockSSaleDisposed−18,492$148.24F8−$2,741,254.0852,980,999Direct
Jun 2, 2026Common StockSSaleDisposed−8,627$148.94F9−$1,284,905.3852,972,372Direct

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
Jun 2, 2026Common StockMOption exerciseDisposed−155,000$0.00$0461,470Direct

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.

F2

Represents the weighted average sale price. The lowest price at which shares were sold was $141.81 and the highest price at which shares were sold was $142.80. 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 (2) through (9) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F3

Represents the weighted average sale price. The lowest price at which shares were sold was $142.81 and the highest price at which shares were sold was $143.80.

Referenced by the price of 1 transaction in Table I.

F4

Represents the weighted average sale price. The lowest price at which shares were sold was $143.81 and the highest price at which shares were sold was $144.80.

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 $144.81 and the highest price at which shares were sold was $145.68.

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 $145.86 and the highest price at which shares were sold was $146.85.

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 $146.87 and the highest price at which shares were sold was $147.86.

Referenced by the price of 1 transaction in Table I.

F8

Represents the weighted average sale price. The lowest price at which shares were sold was $147.87 and the highest price at which shares were sold was $148.82.

Referenced by the price of 1 transaction in Table I.

F9

Represents the weighted average sale price. The lowest price at which shares were sold was $148.87 and the highest price at which shares were sold was $149.01.

Referenced by the price of 1 transaction in Table I.

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