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Fortinet(FTNT.US) Officer Sells US$2.9 Million in Common Stock

moomoo News ·  Jun 13 16:45

$Fortinet (FTNT.US)$ Officer Xie Ken sold 48,491 shares of common stock on Jun 11, 12, 2024 at an average price of $59.8787 for a total value of $2.9 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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