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

SEC announcement ·  Feb 14 06:09
Summary by Futu AI
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 92,223 common shares of the company on February 13, 2024, with an aggregate market value of approximately $6.48 million. The shares to be sold were acquired through the exercise of stock options on February 13 and 14, 2024, for a total of 92,223 shares, with cash payments made on the date of acquisition. This transaction follows a series of sales over the past three months, where a total of 348,921 shares were sold for gross proceeds of nearly $19.86 million.
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 92,223 common shares of the company on February 13, 2024, with an aggregate market value of approximately $6.48 million. The shares to be sold were acquired through the exercise of stock options on February 13 and 14, 2024, for a total of 92,223 shares, with cash payments made on the date of acquisition. This transaction follows a series of sales over the past three months, where a total of 348,921 shares were sold for gross proceeds of nearly $19.86 million.
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