Michael Xie sold $508K of FTNT stock

Michael Xie, VP, Engineering & CTO of Fortinet, Inc. (FTNT), sold 3,121 shares of FTNT stock worth $508K, per an SEC Form 4 filed Aug 4, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Aug 1, 2026, 3 days before it was made public.

FTNT has moved -26.6% since the trade date, from $161.95 to $118.84 (Nov 6, 2026 close).