Ken Xie sold $16M of FTNT
PRESIDENT & CEO at Fortinet, Inc.. 158,486 shares at an average of $98.48, traded Aug 4, 2025, filed Aug 5, 2025.
Score components
- +25RoleCEO
- +25Trade size$15.6M at market
- 0Share of holdings soldSold 0.3% of holdings
- +15Cluster3 insiders 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 -20.5%, 3m -11.4%, 6m -17.6%.
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 0001415889-25-021079, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Aug 1, 2025 | MOption exercise Common Stock10b5-1 | +6,015 | $0.00 | $0 | 51,397,894 | Aug 5, 2025 |
| Aug 1, 2025 | MOption exercise Common Stock10b5-1 | +6,260 | $0.00 | $0 | 51,404,154 | Aug 5, 2025 |
| Aug 1, 2025 | MOption exercise Common Stock10b5-1 | +4,558 | $0.00 | $0 | 51,408,712 | Aug 5, 2025 |
| Aug 1, 2025 | FTax withholding Common Stock10b5-1 | -8,347 | $97.36 | $813k | 51,400,365 | Aug 5, 2025 |
| Aug 4, 2025 | MOption exercise Common Stock10b5-1 | +150,000 | $16.90 | $2.5M | 51,550,365 | Aug 5, 2025 |
| Aug 4, 2025 | SOpen-market sale Common Stock10b5-1 | -4,900 | $97.35 | $477k | 51,545,465 | Aug 5, 2025 |
| Aug 4, 2025 | SOpen-market sale Common Stock10b5-1 | -129,209 | $98.44 | $13M | 51,416,256 | Aug 5, 2025 |
| Aug 4, 2025 | SOpen-market sale Common Stock10b5-1 | -24,377 | $98.94 | $2.4M | 51,391,879 | Aug 5, 2025 |
| Aug 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -6,015 | $0.00 | $0 | 12,035 | Aug 5, 2025 |
| Aug 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -6,260 | $0.00 | $0 | 37,560 | Aug 5, 2025 |
| Aug 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -4,558 | $0.00 | $0 | 45,576 | Aug 5, 2025 |
| Aug 4, 2025 | MOption exercise Nonqualified Stock Option (right to buy)derivative10b5-1 | -150,000 | $0.00 | $0 | 284,880 | Aug 5, 2025 |
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% | |
| 13Weak | Fortinet, Inc. | Michael Xie VP, ENGINEERING & CTO | $508k 3,121 shares | -0% | |
| 30Weak | Fortinet, Inc. | Ken Xie PRESIDENT & CEO | $26M 161,482 shares | -0% | |
| 10Weak | Fortinet, Inc. | Christiane Ohlgart Chief Financial Officer | $64k 387 shares | -4% | |
| 29Weak | Fortinet, Inc. | Michael Xie VP, ENGINEERING & CTO | $572k 3,907 shares | -0% | |
| 30Weak | Fortinet, Inc. | Ken Xie PRESIDENT & CEO | $23M 160,632 shares | -0% | |
| 45Moderate | Fortinet, Inc. | John Whittle CHIEF OPERATING OFFICER | $19M 146,015 shares | -61% | |
| 22Weak | Fortinet, Inc. | Christiane Ohlgart Chief Financial Officer | $31k 238 shares | -3% | |
| 26Weak | Fortinet, Inc. | Christiane Ohlgart Chief Financial Officer | $91k 756 shares | -8% |
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.