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sellWeak cluster of 310b5-1 plan

Michael Xie sold $508k of FTNT

VP, ENGINEERING & CTO at Fortinet, Inc.. 3,121 shares at an average of $162.63, traded Aug 3, 2026, filed Aug 4, 2026.

Warning score
13
Value
$508k
3,121 shares
Holdings after
9,918,360
-0% from before
From 52-week low
+119%
low $74.39, close $163.21
From 52-week high
-2%
high $166.83, as of Aug 3, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $508k at market
    +18
  • Share of holdings sold
    Sold 0.0% of holdings
    0
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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.

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.

FTNTOct 9, 2026 · close 194.75
Since filing Aug 4, 2026: +15.7%SPY +1.1% · excess +14.6%

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 0001475586-26-000018, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 1, 2026MOption exercise
Common Stock10b5-1
+2,764$0.00$09,921,124Aug 4, 2026
Aug 1, 2026MOption exercise
Common Stock10b5-1
+2,242$0.00$09,923,366Aug 4, 2026
Aug 1, 2026MOption exercise
Common Stock10b5-1
+1,300$0.00$09,924,666Aug 4, 2026
Aug 1, 2026FTax withholding
Common Stock10b5-1
-3,185$161.95$516k9,921,481Aug 4, 2026
Aug 3, 2026SOpen-market sale
Common Stock10b5-1
-700$160.36$112k9,920,781Aug 4, 2026
Aug 3, 2026SOpen-market sale
Common Stock10b5-1
-200$161.75$32k9,920,581Aug 4, 2026
Aug 3, 2026SOpen-market sale
Common Stock10b5-1
-1,421$163.12$232k9,919,160Aug 4, 2026
Aug 3, 2026SOpen-market sale
Common Stock10b5-1
-800$163.98$131k9,918,360Aug 4, 2026
Aug 1, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-2,764$0.00$05,527Aug 4, 2026
Aug 1, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-2,242$0.00$013,454Aug 4, 2026
Aug 1, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-1,300$0.00$013,002Aug 4, 2026

Related signals

Other insiders at Fortinet, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
10Weak
FTNTsell 210b5-1
Fortinet, Inc.
Christiane Ohlgart
Chief Financial Officer
$8,640
48 shares
-0%
28Weak
FTNTsell 210b5-1
Fortinet, Inc.
John Whittle
CHIEF OPERATING OFFICER
$9.4M
56,700 shares
-38%
30Weak
FTNTsell 310b5-1
Fortinet, Inc.
Ken Xie
PRESIDENT & CEO
$26M
161,482 shares
-0%
10Weak
FTNTsell 310b5-1
Fortinet, Inc.
Christiane Ohlgart
Chief Financial Officer
$64k
387 shares
-4%
29Weak
FTNTsell 410b5-1
Fortinet, Inc.
Michael Xie
VP, ENGINEERING & CTO
$572k
3,907 shares
-0%
30Weak
FTNTsell 410b5-1
Fortinet, Inc.
Ken Xie
PRESIDENT & CEO
$23M
160,632 shares
-0%
45Moderate
FTNTsell 410b5-1
Fortinet, Inc.
John Whittle
CHIEF OPERATING OFFICER
$19M
146,015 shares
-61%
22Weak
FTNTsell 410b5-1
Fortinet, Inc.
Christiane Ohlgart
Chief Financial Officer
$31k
238 shares
-3%
26Weak
FTNTsell 410b5-1
Fortinet, Inc.
Christiane Ohlgart
Chief Financial Officer
$91k
756 shares
-8%
22Weak
FTNTsell 410b5-1
Fortinet, Inc.
Christiane Ohlgart
Chief Financial Officer
$27k
238 shares
-2%

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.

Michael Xie sold $508k of FTNT | InsiderTell