Summary by Moomoo AI
Fortinet Inc's Director and Officer, Ken Qing Xie, is set to sell 24,235 common shares of the company on 06/11/2024, as per the latest filing. These shares, valued at approximately $1,456,281, were acquired on the same date through the exercise of stock options, with payment made in cash. This transaction follows a series of sales over the past three months, where a total of 178,591 shares were sold for gross proceeds of around $11,604,903. The planned sale is part of a trading plan adopted on 09/08/2023.