Ken Xie sold $14M of FTNT
PRESIDENT & CEO at Fortinet, Inc.. 158,485 shares at an average of $86.51, traded Nov 3, 2025, filed Nov 4, 2025.
Score components
- +25RoleCEO
- +25Trade size$13.7M 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 -0.0%, 3m -6.9%, 6m +5.5%.
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 0001475587-25-000004, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Nov 1, 2025 | MOption exercise Common Stock10b5-1 | +6,015 | $0.00 | $0 | 51,397,894 | Nov 4, 2025 |
| Nov 1, 2025 | MOption exercise Common Stock10b5-1 | +6,260 | $0.00 | $0 | 51,404,154 | Nov 4, 2025 |
| Nov 1, 2025 | MOption exercise Common Stock10b5-1 | +4,557 | $0.00 | $0 | 51,408,711 | Nov 4, 2025 |
| Nov 1, 2025 | FTax withholding Common Stock10b5-1 | -8,347 | $86.43 | $721k | 51,400,364 | Nov 4, 2025 |
| Nov 3, 2025 | MOption exercise Common Stock10b5-1 | +150,000 | $16.90 | $2.5M | 51,550,364 | Nov 4, 2025 |
| Nov 3, 2025 | SOpen-market sale Common Stock10b5-1 | -40,471 | $85.50 | $3.5M | 51,509,893 | Nov 4, 2025 |
| Nov 3, 2025 | SOpen-market sale Common Stock10b5-1 | -57,868 | $86.36 | $5.0M | 51,452,025 | Nov 4, 2025 |
| Nov 3, 2025 | SOpen-market sale Common Stock10b5-1 | -60,146 | $87.33 | $5.3M | 51,391,879 | Nov 4, 2025 |
| Nov 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -6,015 | $0.00 | $0 | 6,020 | Nov 4, 2025 |
| Nov 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -6,260 | $0.00 | $0 | 31,300 | Nov 4, 2025 |
| Nov 1, 2025 | MOption exercise Restricted Stock Unitsderivative10b5-1 | -4,557 | $0.00 | $0 | 41,019 | Nov 4, 2025 |
| Nov 3, 2025 | MOption exercise Nonqualified Stock Option (right to buy)derivative10b5-1 | -150,000 | $0.00 | $0 | 134,880 | Nov 4, 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.