Ken Xie sold $20.9M of FTNT stock

Ken Xie, President & CEO of Fortinet, Inc. (FTNT), sold 161,483 shares of FTNT stock worth $20.9M, per an SEC Form 4 filed Nov 3, 2026.

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

The trade happened on Nov 1, 2026, 2 days before it was made public.

FTNT has moved -10.0% since the trade date, from $136.08 to $122.51 (Nov 5, 2026 close).