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

SEC announcement ·  Mar 13 04:59
Summary by Futu AI
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 47,393 common shares of the company on March 12, 2024, with an aggregate market value of approximately $3,386,703.78. The shares to be sold were acquired through the exercise of stock options on March 12 and 13, 2024, with a total of 47,393 shares acquired for cash payments. This transaction follows a pattern of sales over the past three months, where a total of 301,523 shares were sold for gross proceeds of around $19,324,710.63. The notice for the planned sale was filed on the same day as the approximate date of sale, with the plan for this transaction having been adopted on September 8, 2023.
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 47,393 common shares of the company on March 12, 2024, with an aggregate market value of approximately $3,386,703.78. The shares to be sold were acquired through the exercise of stock options on March 12 and 13, 2024, with a total of 47,393 shares acquired for cash payments. This transaction follows a pattern of sales over the past three months, where a total of 301,523 shares were sold for gross proceeds of around $19,324,710.63. The notice for the planned sale was filed on the same day as the approximate date of sale, with the plan for this transaction having been adopted on September 8, 2023.
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