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  4. [144] Fortinet, Inc. SEC Filing

FTNT (FTNT) holder files to sell 3,121 shares and discloses recent 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

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 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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR