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Fortinet | 4: Statement of changes in beneficial ownership of securities-Officer Xie Ken

SEC announcement · Feb 15 17:24

FTNT -9.69%

Summary by Moomoo AI

Fortinet, Inc. President & CEO, Xie Ken, completed a series of transactions involving the company's common stock on February 13 and 14, 2024. The executive acquired a total of 166,666 shares through the exercise of derivative securities at a price of $7.448 per share. Concurrently, Xie Ken sold a total of 92,223 shares in open market transactions, with prices ranging from $68.9457 to $70.5142 per share, resulting in a total market value of $6,435,769.16. Following these transactions, Xie Ken directly holds 51,850,832 shares of Fortinet. Additionally, there are 11,753,201 shares held indirectly through family and trusts, indicating a significant stake in the company.

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