Summary by Moomoo AI
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 24,230 common shares of the company on 05/15/2024, as per the latest SEC filing. The shares, valued at approximately $1,458,646, 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 154,361 shares were sold for gross proceeds of over $10 million.