Large FTNT (NASDAQ: FTNT) shareholder plans 175,737-share stock sale

Rhea-AI Filing Summary

FTNT shareholder has filed a notice of proposed sale of 175,737 shares of Common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of 14,280,388.62, to be sold on or about 02/02/2026 on NASDAQ.

The filing notes that 743,648,102 shares were outstanding and lists how these shares were acquired, including 134,880 shares from stock option exercises and additional shares from restricted and performance stock units. It also details other Common stock sales in the past three months by several institutional holders and 10b5‑1 sales for KEN QING XIE.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

Relationship to Issuer

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	175737	14280388.62	743648102	02/02/2026	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	02/02/2026	Exercise of Stock Options	Issuer			134880	02/02/2026	Cash
Common	02/01/2026	Restricted Stock Units	Issuer			9159	02/01/2026	N/A
Common	02/01/2026	Performance Stock Units	Issuer			31698	02/01/2026	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
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 326 Galvez Street Stanford CA 94305	Common	11/25/2025	10130	818649.87
UC Berkeley 1600 SW 4th Ave #730 Portland OR 97201	Common	11/19/2025	2391	187209.80
PSU Foundation 1995 University Avenue Suite 400 Berkeley CA 94704	Common	11/19/2025	7172	572648.34
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 326 Galvez Street Stanford CA 94305	Common	11/18/2025	125508	10033686.86
Creative Center of Los Altos dba Pinewood School 327 Fremont Ave Los Altos CA 94024	Common	11/18/2025	65742	5306365.53
10b5-1 Sales for KEN QING XIE 909 Kifer Road Sunnyvale CA 94086	Common	11/03/2025	158485	13710378.87

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the FTNT Form 144 filing disclose about planned share sales?

The notice discloses a proposed sale of 175,737 FTNT Common shares. These shares, valued at 14,280,388.62, are to be sold through Morgan Stanley Smith Barney LLC on or about 02/02/2026 on the NASDAQ exchange.

How many FTNT shares are outstanding according to this Form 144?

The filing states that 743,648,102 FTNT Common shares were outstanding. This figure provides context for the planned sale of 175,737 shares, helping investors gauge the relative size of the proposed transaction in relation to total shares.

How were the FTNT shares in this Form 144 acquired?

The shares were acquired through several equity awards and exercises. These include 134,880 shares from the exercise of stock options on 02/02/2026 and additional amounts from restricted stock units and performance stock units acquired on 02/01/2026.

Which broker is handling the planned FTNT share sale in the Form 144?

The planned sale will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services. The broker’s listed address is 1 New York Plaza, 8th Floor, New York, NY 10004, and the shares are expected to be sold on NASDAQ.

What recent FTNT share sales are listed for the past three months?

The filing lists several Common stock sales, including sales by The Board of Trustees of The Leland Stanford Junior University, UC Berkeley, PSU Foundation, Creative Center of Los Altos, and 10b5-1 sales for KEN QING XIE, with specific dates, share amounts, and gross proceeds.

What 10b5-1 trading activity related to FTNT is referenced in the filing?

The document notes 10b5-1 Sales for KEN QING XIE of 158,485 FTNT Common shares on 11/03/2025. These sales generated gross proceeds of 13,710,378.87, and are part of the three-month sales history disclosure.