Ken Xie sold $3.8M of FTNT
PRESIDENT & CEO at Fortinet, Inc.. 46,609 shares at an average of $82.26, traded Oct 15, 2024, filed Oct 16, 2024.
Score components
- +25RoleCEO
- +25Trade size$3.8M at market
- 0Share of holdings soldSold 0.1% of holdings
- 0ClusterNo other insider selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m +14.7%, 3m +13.3%, 6m +17.0%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001415889-24-025235, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | MOption exercise Common Stock10b5-1 | +41,667 | $9.81 | $409k | 48,920,473 | Oct 16, 2024 |
| Oct 15, 2024 | SOpen-market sale Common Stock10b5-1 | -23,302 | $82.63 | $1.9M | 48,897,171 | Oct 16, 2024 |
| Oct 16, 2024 | MOption exercise Common Stock10b5-1 | +41,666 | $9.81 | $409k | 48,938,837 | Oct 16, 2024 |
| Oct 16, 2024 | SOpen-market sale Common Stock10b5-1 | -23,207 | $81.89 | $1.9M | 48,915,630 | Oct 16, 2024 |
| Oct 16, 2024 | SOpen-market sale Common Stock10b5-1 | -100 | $82.45 | $8,245 | 48,915,530 | Oct 16, 2024 |
| Oct 15, 2024 | MOption exercise Nonqualified Stock Option (right to buy)derivative10b5-1 | -41,667 | $0.00 | $0 | 375,000 | Oct 16, 2024 |
| Oct 16, 2024 | MOption exercise Nonqualified Stock Option (right to buy)derivative10b5-1 | -41,666 | $0.00 | $0 | 333,334 | Oct 16, 2024 |
Related signals
Other insiders at Fortinet, Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 10Weak | Fortinet, Inc. | Christiane Ohlgart Chief Financial Officer | $8,640 48 shares | -0% | |
| 28Weak | Fortinet, Inc. | John Whittle CHIEF OPERATING OFFICER | $9.4M 56,700 shares | -38% | |
| 17Weak | Fortinet, Inc. | Christiane Ohlgart Chief Financial Officer | $122k 1,164 shares | -16% | |
| 1Weak | Fortinet, Inc. | William H. Neukom director | $35k 335 shares | +0% | |
| 23Weak | Fortinet, Inc. | Ken Xie PRESIDENT & CEO | $17M 158,488 shares | -0% | |
| 4Weak | Fortinet, Inc. | Michael Xie VP, ENGINEERING & CTO | $376k 3,546 shares | -0% | |
| 22Weak | Fortinet, Inc. | Kenneth A Goldman director | $200k 2,000 shares | -10% | |
| 30Weak | Fortinet, Inc. | Ken Xie PRESIDENT & CEO | $20M 206,000 shares | -0% | |
| 20Weak | Fortinet, Inc. | Kenneth A Goldman director | $99k 1,000 shares | -5% | |
| 35Weak | Fortinet, Inc. | Michael Xie VP, ENGINEERING & CTO | $32M 326,784 shares | -3% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.