Summary by Moomoo AI
On May 1, 2024, Ken Xie, President & CEO of Fortinet, Inc. (FTNT), completed a series of transactions involving the company's common stock. Xie acquired a total of 23,605 shares through the exercise of derivative securities at no cost. On the same day, he disposed of 11,705 shares at a price of $63.53 per share, resulting in a total market value of $743,618.65 for the disposed shares. Following these transactions, Xie directly holds 48,690,210 shares of Fortinet. Additionally, there are 15,000,000 shares held indirectly through trusts, with no changes reported in this announcement.