Summary by Futu AI
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 23,992 common shares of the company on April 16, 2024, as per the latest filing. The shares, valued at approximately $1,553,002.16, were acquired on the same date through the exercise of stock options, with payment made in cash to the issuer. This transaction follows a series of sales over the past three months, where a total of 207,985 shares were sold for gross proceeds of $14,425,921.22.