Michael Xie - 03 Jun 2026 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Reporting relationship: VP, ENGINEERING & CTO, Director
Issuer ticker: FTNT
Reported as of: 03 Jun 2026
Net transaction value: -$572,144
SEC form: 4
Accepted by SEC: 03 Jun 2026, 18:38:16 UTC
Prior SEC filing: 20 May 2026
Next SEC filing: 05 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Robert Turner, by power of attorney

Key filing fact

Michael Xie filed Form 4 for Fortinet, Inc. (FTNT) on 03 Jun 2026.

Key facts

This page summarizes Michael Xie's Form 4 filing for Fortinet, Inc. (FTNT).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Jun 2026, 18:38.

Change

Previous filing in this sequence was filed on 20 May 2026.
Current net transaction value: -$572,144.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001475586 Primary reporting owner

Xie Michael

Relationship: VP, ENGINEERING & CTO, Director
Address: C/O FORTINET, INC., 909 KIFER ROAD, SUNNYVALE
Signature: /s/ Robert Turner, by power of attorney
Signature date: 03 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FTNT transaction

Common Stock

Sale

Transaction value: $67,029
Shares: -464
Change %: -0%
Price: $144.46
Shares after: 9,927,053
Date: 03 Jun 2026
Ownership: Direct
Footnotes: F1, F2

FTNT transaction

Common Stock

Sale

Transaction value: $59,745
Shares: -410
Change %: -0%
Price: $145.72
Shares after: 9,926,643
Date: 03 Jun 2026
Ownership: Direct
Footnotes: F1, F3

FTNT transaction

Common Stock

Sale

Transaction value: $342,488
Shares: -2,337
Change %: -0.02%
Price: $146.55
Shares after: 9,924,306
Date: 03 Jun 2026
Ownership: Direct
Footnotes: F1, F4

FTNT transaction

Common Stock

Sale

Transaction value: $83,307
Shares: -564
Change %: -0.01%
Price: $147.71
Shares after: 9,923,742
Date: 03 Jun 2026
Ownership: Direct
Footnotes: F1, F5

FTNT transaction

Common Stock

Sale

Transaction value: $19,576
Shares: -132
Change %: -0%
Price: $148.30
Shares after: 9,923,610
Date: 03 Jun 2026
Ownership: Direct
Footnotes: F1, F6

FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 25,680,202
Date: 03 Jun 2026
Ownership: By trust
Footnotes: F7

FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,513,505
Date: 03 Jun 2026
Ownership: See footnote
Footnotes: F8

FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,513,505
Date: 03 Jun 2026
Ownership: See footnote
Footnotes: F9

FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,646,144
Date: 03 Jun 2026
Ownership: By trust
Footnotes: F10

FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,646,144
Date: 03 Jun 2026
Ownership: By trust
Footnotes: F11

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 11 footnotes

Footnote F1

The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2026.

Footnote F2

Represents the weighted average sale price. The lowest price at which shares were sold was $144.03 and the highest price at which shares were sold was $144.64. 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 (6) to this Form 4.

Footnote F3

Represents the weighted average sale price. The lowest price at which shares were sold was $145.10 and the highest price at which shares were sold was $146.07.

Footnote F4

Represents the weighted average sale price. The lowest price at which shares were sold was $146.14 and the highest price at which shares were sold was $147.03.

Footnote F5

Represents the weighted average sale price. The lowest price at which shares were sold was $147.23 and the highest price at which shares were sold was $147.99.

Footnote F6

Represents the weighted average sale price. The lowest price at which shares were sold was $148.28 and the highest price at which shares were sold was $148.31.

Footnote F7

These securities are held by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.

Footnote F8

Shares held directly by the KAXX Trust under The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

Footnote F9

Shares held directly by the KAJJ Trust under The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

Footnote F10

These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person.

Footnote F11

These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person's spouse.

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