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Fortinet | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Apr 17 16:20
Summary by Moomoo AI
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 24,004 common shares of the company on April 17, 2024, with an aggregate market value of approximately $1.55 million. The shares to be sold were acquired on the same date through the exercise of stock options, with the transaction involving a cash payment to the issuer. This planned sale follows a series of transactions over the past three months, where a total of 231,977 shares were sold for gross proceeds of nearly $15.98 million.
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 24,004 common shares of the company on April 17, 2024, with an aggregate market value of approximately $1.55 million. The shares to be sold were acquired on the same date through the exercise of stock options, with the transaction involving a cash payment to the issuer. This planned sale follows a series of transactions over the past three months, where a total of 231,977 shares were sold for gross proceeds of nearly $15.98 million.
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