Insider at FTNT (NASDAQ: FTNT) files to sell 507 common shares
Rhea-AI Filing Summary
FTNT filed a Form 144 notice for a planned insider sale of common stock. The filing covers 507 common shares to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $41,214.03, on or around 02/03/2026 on NASDAQ.
The 507 shares were acquired on 02/01/2026 as restricted stock units and performance stock units from the issuer, with no cash payment noted. The securities section also lists 743,648,102 shares outstanding. Over the prior three months, a 10b5-1 sale for Margrit Christiane Ohlgart on 11/04/2025 disposed of 110 common shares for $9,515.00.
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FAQ
What does the FTNT Form 144 filing disclose?
The Form 144 for FTNT discloses a planned sale of 507 common shares under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $41,214.03 as stated in the filing.
How many FTNT shares are planned to be sold and at what value?
The filing shows an intent to sell 507 FTNT common shares with an aggregate market value of $41,214.03. These shares are to be sold through Morgan Stanley Smith Barney LLC via the NASDAQ exchange on or about 02/03/2026.
How and when were the FTNT shares in this Form 144 acquired?
The 507 FTNT common shares were acquired on 02/01/2026 as restricted stock units and performance stock units from the issuer. The filing lists the nature of payment as “N/A,” indicating no separate cash purchase price at the time of acquisition.
What does the Form 144 say about FTNT shares outstanding?
The securities information section lists 743,648,102 FTNT common shares outstanding. This figure provides context for the issuer’s total equity base relative to the 507 shares covered by this particular Form 144 notice of proposed sale.
Were there any FTNT sales in the three months before this Form 144?
Yes. The filing reports a prior sale labeled “10b5-1 Sales for Margrit Christiane Ohlgart” on 11/04/2025, where 110 common shares were sold for $9,515.00 in gross proceeds during the preceding three-month period.
Which broker and exchange are involved in the FTNT Form 144 sale?
The planned sale of 507 FTNT common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located in New York. The filing specifies that the securities will be sold on the NASDAQ stock market.