FTNT insider plans sale of 3,121 common shares

A shareholder of FTNT has filed a Form 144 notice to sell up to 3,121 common shares, to be handled through Morgan Stanley Smith Barney LLC Executive Financial Services.

Rhea-AI Filing Summary

A shareholder of FTNT has filed a Form 144 notice to sell up to 3,121 common shares, to be handled through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares, with an aggregate market value of $505,445.95, are expected to be sold on or after 08/03/2026 on NASDAQ.

The shares come from Restricted Stock Units acquired from the issuer on 08/01/2026. The filing also lists prior transactions over the past three months, including sales made under a Rule 10b5-1 trading plan for Michael Xie and transfers involving several educational and charitable institutions.

Key Figures

Shares to be sold: 3,121 shares Aggregate market value: $505,445.95 RSU acquisition date: 08/01/2026 +3 more

6 metrics

Shares to be sold 3,121 shares Common stock listed for sale through Morgan Stanley Smith Barney LLC

Aggregate market value $505,445.95 Value of 3,121 FTNT common shares to be sold on or after 08/03/2026

RSU acquisition date 08/01/2026 Restricted Stock Units from issuer corresponding to 3,121 shares

10b5-1 sale 3,907 shares; $572,143.73 Rule 10b5-1 sale for Michael Xie on 06/03/2026

10b5-1 sale 2,478 shares; $220,282.31 Rule 10b5-1 sale for Michael Xie on 05/04/2026

Large charity-related transaction 17,643 shares; $2,183,144.82 Common shares involving Creative Center of Los Altos on 05/18/2026

Key Terms

Form 144, Restricted Stock Units, Rule 10b5-1, aggregate market value

4 terms

Form 144 regulatory

"Filer Information | | | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Units financial

"Common | 08/01/2026 | Restricted Stock Units | Issuer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 10b5-1 regulatory

"10b5-1 Sales for MICHAEL XIE 909 Kifer Road Sunnyvale CA 94086"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

aggregate market value financial

"| 3121 | 505445.95 | 733713653 | 08/03/2026 | NASDAQ"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FTNT shares are being registered for sale in this Form 144?

The Form 144 registers up to 3,121 common shares of FTNT for potential sale. These shares are valued in the filing at an aggregate $505,445.95 and are expected to be sold on or after 08/03/2026 on NASDAQ.

What type of FTNT securities are covered and how were they acquired?

The securities are common shares issuable from Restricted Stock Units. The RSUs were acquired from the issuer on 08/01/2026, and the same 3,121 shares tied to those RSUs are listed as the amount to be sold.

What is the aggregate market value of the FTNT shares in this planned sale?

The planned sale covers FTNT common shares with an aggregate market value of $505,445.95. This value corresponds to the 3,121 shares listed in the notice to be sold through Morgan Stanley Smith Barney LLC on or after 08/03/2026.

Which broker is handling the FTNT shares listed in this Form 144?

The filing designates Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as the broker. That firm is listed in connection with the 3,121 FTNT common shares to be sold on NASDAQ.

What recent FTNT-related transactions are disclosed for Michael Xie?

The Form 144 lists Rule 10b5-1 sales for Michael Xie, including 3,907 common shares on 06/03/2026 for $572,143.73 and 2,478 common shares on 05/04/2026 for $220,282.31, along with other transactions involving charitable and educational organizations.

What other FTNT share transactions are noted over the past three months?

The filing lists several FTNT common share transactions, including 17,643 shares on 05/18/2026 valued at $2,183,144.82 for Creative Center of Los Altos and 4,546 shares on 05/19/2026 valued at $574,647.59 involving UC Santa Cruz University Advancement.

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Available on EDGAR 08/03/2026 - 04:21 PM Accepted by SEC EDGAR 08/03/2026 - 04:20 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001475586
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	FORTINET, INC.
SEC File Number	001-34511
Address of Issuer	909 Kifer Road Sunnyvale CALIFORNIA 94086
Phone	4082357700
Name of Person for Whose Account the Securities are To Be Sold	MICHAEL XIE
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3121	505445.95	733713653	08/03/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/01/2026	Restricted Stock Units	Issuer			3121	08/01/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
American Junior Golf Association 1980 Sports Club Drive Braselton GA 30517	Common	06/16/2026	910	132597.92
10b5-1 Sales for MICHAEL XIE 909 Kifer Road Sunnyvale CA 94086	Common	06/03/2026	3907	572143.73
UC Santa Cruz University Advancement 1600 SW 4th Ave #730, Portland OR 97201	Common	05/20/2026	65	8216.47
UC Santa Cruz University Advancement 1600 SW 4th Ave #730, Portland OR 97201	Common	05/19/2026	4546	574647.59
President and Fellows of Harvard College PO Box 419209 Boston MA 02241	Common	05/19/2026	2034	257274.15
Creative Center of Los Altos dba Pinewood School 327 Fremont Ave Los Altos CA 94024	Common	05/18/2026	17643	2183144.82
UC Berkeley 1995 University Avenue Suite 400 Berkeley CA 94704	Common	05/18/2026	3941	212760.01
10b5-1 Sales for MICHAEL XIE 909 Kifer Road Sunnyvale CA 94086	Common	05/04/2026	2478	220282.31

144: Remarks and Signature

Remarks
Date of Notice	08/03/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/04/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Michael Xie
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)