Ken Xie - 02 Jun 2026 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Reporting relationship: PRESIDENT & CEO, Director
Issuer ticker: FTNT
Reported as of: 02 Jun 2026
Net transaction value: -$23,385,059
SEC form: 4
Accepted by SEC: 03 Jun 2026, 18:39:18 UTC
Prior SEC filing: 05 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Robert Turner, by power of attorney

Key filing fact

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

Key facts

This page summarizes Ken Xie's Form 4 filing for Fortinet, Inc. (FTNT).
10 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 Jun 2026, 18:39.

Change

Previous filing in this sequence was filed on 05 May 2026.
Current net transaction value: -$23,385,059.

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 0001475587 Primary reporting owner

Xie Ken

Relationship: PRESIDENT & CEO, 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

Options Exercise

Transaction value
Shares: +155,000
Change %: +0.29%
Price: $22.90^*
Shares after: 53,133,004
Date: 02 Jun 2026
Ownership: Direct

FTNT transaction

Common Stock

Sale

Transaction value: $1,372,623
Shares: -9,641
Change %: -0.02%
Price: $142.37
Shares after: 53,123,363
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F2

FTNT transaction

Common Stock

Sale

Transaction value: $2,849,597
Shares: -19,867
Change %: -0.04%
Price: $143.43
Shares after: 53,103,496
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F3

FTNT transaction

Common Stock

Sale

Transaction value: $5,750,542
Shares: -39,854
Change %: -0.08%
Price: $144.29
Shares after: 53,063,642
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F4

FTNT transaction

Common Stock

Sale

Transaction value: $1,859,551
Shares: -12,821
Change %: -0.02%
Price: $145.04
Shares after: 53,050,821
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F5

FTNT transaction

Common Stock

Sale

Transaction value: $5,494,422
Shares: -37,540
Change %: -0.07%
Price: $146.36
Shares after: 53,013,281
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F6

FTNT transaction

Common Stock

Sale

Transaction value: $2,032,297
Shares: -13,790
Change %: -0.03%
Price: $147.37
Shares after: 52,999,491
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F7

FTNT transaction

Common Stock

Sale

Transaction value: $2,741,162
Shares: -18,492
Change %: -0.03%
Price: $148.24
Shares after: 52,980,999
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F8

FTNT transaction

Common Stock

Sale

Transaction value: $1,284,865
Shares: -8,627
Change %: -0.02%
Price: $148.94
Shares after: 52,972,372
Date: 02 Jun 2026
Ownership: Direct
Footnotes: F1, F9

FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,848,774
Date: 02 Jun 2026
Ownership: By spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FTNT transaction Derivative

Nonqualified Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -155,000
Change %: -25%
Price: $0.000000^*
Shares after: 461,470
Date: 02 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 155,000
Exercise price: $22.90
Footnotes: F10

^* 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 10 footnotes

Footnote F1

The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2024.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F10

The options are fully vested.