Ken Xie - 01 Aug 2026 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Aug 2026, 17:13:59 UTC
Prior SEC filing
03 Jun 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Turner, by power of attorney

Key filing fact

Ken Xie filed Form 4 for Fortinet, Inc. (FTNT) on 04 Aug 2026.

Key facts

  • This page summarizes Ken Xie's Form 4 filing for Fortinet, Inc. (FTNT).
  • 15 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 04 Aug 2026, 17:13.

Change

  • Previous filing in this sequence was filed on 03 Jun 2026.
  • Current net transaction value: -$26,266,878.

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
04 Aug 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
+6,260
Change %
+0.01%
Price
$0.000000*
Shares after
52,978,632
Date
01 Aug 2026
Ownership
Direct
Footnotes
F1
FTNT transaction

Common Stock

Options Exercise

Transaction value
Shares
+4,558
Change %
+0.01%
Price
$0.000000*
Shares after
52,983,190
Date
01 Aug 2026
Ownership
Direct
Footnotes
F1
FTNT transaction

Common Stock

Options Exercise

Transaction value
Shares
+2,275
Change %
+0%
Price
$0.000000*
Shares after
52,985,465
Date
01 Aug 2026
Ownership
Direct
Footnotes
F1
FTNT transaction

Common Stock

Tax liability

Transaction value
Shares
-6,611
Change %
-0.01%
Price
$161.95*
Shares after
52,978,854
Date
01 Aug 2026
Ownership
Direct
Footnotes
F2
FTNT transaction

Common Stock

Options Exercise

Transaction value
Shares
+155,000
Change %
+0.29%
Price
$22.90*
Shares after
53,133,854
Date
03 Aug 2026
Ownership
Direct
FTNT transaction

Common Stock

Sale

Transaction value
$2,947,973
Shares
-18,409
Change %
-0.03%
Price
$160.14
Shares after
53,115,445
Date
03 Aug 2026
Ownership
Direct
Footnotes
F3, F4
FTNT transaction

Common Stock

Sale

Transaction value
$3,159,689
Shares
-19,647
Change %
-0.04%
Price
$160.82
Shares after
53,095,798
Date
03 Aug 2026
Ownership
Direct
Footnotes
F3, F5
FTNT transaction

Common Stock

Sale

Transaction value
$1,189,378
Shares
-7,350
Change %
-0.01%
Price
$161.82
Shares after
53,088,448
Date
03 Aug 2026
Ownership
Direct
Footnotes
F3, F6
FTNT transaction

Common Stock

Sale

Transaction value
$11,084,853
Shares
-67,971
Change %
-0.13%
Price
$163.08
Shares after
53,020,477
Date
03 Aug 2026
Ownership
Direct
Footnotes
F3, F7
FTNT transaction

Common Stock

Sale

Transaction value
$7,858,337
Shares
-47,943
Change %
-0.09%
Price
$163.91
Shares after
52,972,534
Date
03 Aug 2026
Ownership
Direct
Footnotes
F3, F8
FTNT transaction

Common Stock

Sale

Transaction value
$26,647
Shares
-162
Change %
-0%
Price
$164.49
Shares after
52,972,372
Date
03 Aug 2026
Ownership
Direct
Footnotes
F3
FTNT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,848,774
Date
01 Aug 2026
Ownership
By Spouse

Reported derivative securities

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

FTNT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-6,260
Change %
-33%
Price
$0.000000*
Shares after
12,520
Date
01 Aug 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,260
Exercise price
$0.000000
Footnotes
F1, F9, F10, F11
FTNT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-4,558
Change %
-14%
Price
$0.000000*
Shares after
27,346
Date
01 Aug 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,558
Exercise price
$0.000000
Footnotes
F1, F9, F11, F12
FTNT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-2,275
Change %
-9.1%
Price
$0.000000*
Shares after
22,754
Date
01 Aug 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,275
Exercise price
$0.000000
Footnotes
F1, F9, F11, F13
FTNT transaction Derivative

Nonqualified Stock Option (right to buy)

Options Exercise

Transaction value
Shares
-155,000
Change %
-34%
Price
$0.000000*
Shares after
306,470
Date
03 Aug 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
155,000
Exercise price
$22.90
Footnotes
F14
* 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 14 footnotes

Footnote F1

Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

Footnote F2

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.

Footnote F3

The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2026.

Footnote F4

Represents the weighted average sale price. The lowest price at which shares were sold was $159.45 and the highest price at which shares were sold was $160.44. 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), (7) and (8) to this Form 4.

Footnote F5

Represents the weighted average sale price. The lowest price at which shares were sold was $160.45 and the highest price at which shares were sold was $161.44.

Footnote F6

Represents the weighted average sale price. The lowest price at which shares were sold was $161.45 and the highest price at which shares were sold was $162.43.

Footnote F7

Represents the weighted average sale price. The lowest price at which shares were sold was $162.49 and the highest price at which shares were sold was $163.48.

Footnote F8

Represents the weighted average sale price. The lowest price at which shares were sold was $163.49 and the highest price at which shares were sold was $164.48.

Footnote F9

Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

Footnote F10

25% of the RSUs vested on February 1, 2024, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.

Footnote F11

RSUs do not expire; they either vest or are canceled prior to the vesting date.

Footnote F12

25% of the RSUs vested on February 1, 2025, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.

Footnote F13

25% of the RSUs vested on February 1, 2026, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.

Footnote F14

The options are fully vested.

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