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

SEC announcement ·  Mar 5 06:44
Summary by Futu AI
Fortinet Inc officer Patrice Perche is set to sell 45,516 shares of common stock on 03/04/2024, with an aggregate market value of approximately $3,206,147. The shares to be sold were acquired through Restricted Stock Units, RSUs & PSUs, and the exercise of stock options on various dates, with the latest being on 03/04/2024, where 3,725 shares were acquired via cash payment. This planned transaction follows a history of sales over the past three months, where a total of 31,523 shares were sold for gross proceeds of nearly $1,978,623. The notice for the upcoming sale was filed on the same day as the sale date, with the plan for this transaction having been adopted on 11/13/2023.
Fortinet Inc officer Patrice Perche is set to sell 45,516 shares of common stock on 03/04/2024, with an aggregate market value of approximately $3,206,147. The shares to be sold were acquired through Restricted Stock Units, RSUs & PSUs, and the exercise of stock options on various dates, with the latest being on 03/04/2024, where 3,725 shares were acquired via cash payment. This planned transaction follows a history of sales over the past three months, where a total of 31,523 shares were sold for gross proceeds of nearly $1,978,623. The notice for the upcoming sale was filed on the same day as the sale date, with the plan for this transaction having been adopted on 11/13/2023.

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