Fortinet Inc.

Last updated September 27, 2026

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Organization details

Legal name: Fortinet Inc.
Ownership: Public
Status: Active
Sector (GICS): Information Technology
SIC code: 3577 — Computer Peripheral Equipment, NEC
Jurisdiction of incorporation: Delaware
Headquarters city: Sunnyvale
Headquarters state / province: California
Headquarters country: United States
Fiscal year end: December
Ticker symbol: FTNT
Primary stock exchange: Nasdaq

Identifiers

SEC CIK: 0001262039
EIN: 77-0560389
Wikidata ID: Q2749364

Board of directors

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Derek T. Kan · Director
Since 2026
James G. Stavridis · Director
Since 2023
Janet Napolitano · Director
Since 2024
Jean X. Hu · Director
Since 2023
Judith Sim · Director
Since 2023
Ken Xie · Director · President & CEO
Since 2023
Kenneth A. Goldman · Director Overboarded
Since 2023
Mary Agnes Wilderotter · Director Overboarded
Since 2024
Michael Xie · Director · VP, Engineering & CTO
Since 2023
Ming Hsieh · Director
Since 2023
William H. Neukom · Director
Since 2023

Chief executives

Ken Xie · President & CEO

Dates unknown

Director election results

Annual meeting of June 13, 2025. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.

Janet Napolitano

99.7%

Board connections

7 of this board's directors also sit on 19 other boards. 8 are in the same sector.

Shared director Other board Same sector +3 more in the list below

American Water Works Company Inc.
via James G. Stavridis
Aon plc
via James G. Stavridis
C3.ai Inc. Same sector
via Kenneth A. Goldman
Costco Wholesale Corporation
via Mary Agnes Wilderotter
DocuSign Inc. Same sector
via Mary Agnes Wilderotter
First Advantage Corporation Same sector
via Judith Sim
Fulgent Genetics Inc.
via Ming Hsieh
Globe Life Inc.
via Derek T. Kan
GoPro Inc. Same sector
via Kenneth A. Goldman
Kodiak AI Inc. Same sector
via Kenneth A. Goldman
Lyft Inc.
via Mary Agnes Wilderotter
Oklo Inc.
via Derek T. Kan
Okta Inc. Same sector
via Mary Agnes Wilderotter
RingCentral Inc. Same sector
via Kenneth A. Goldman
Sana Biotechnology Inc.
via Mary Agnes Wilderotter
Toll Brothers Inc.
via Derek T. Kan
Vir Biotechnology Inc.
via Janet Napolitano
Wealthfront Corporation
via Kenneth A. Goldman
Zoom Communications Inc. Same sector
via Janet Napolitano

Insider trades

All notable trades →

From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.

Bought, last 12 months: $0; 0 purchases by 0 insiders
Sold, last 12 months: $143,496,117; 66 sales by 4 insiders

Date	Insider	Transaction	Shares	Price	Value
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−621	$126.08	$78,296
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Option exercise	+155,000	$22.90	$3,548,880
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−400	$127.60	$51,039
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−32,988	$126.17	$4,162,162
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−400	$129.34	$51,737
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−11,916	$127.41	$1,518,208
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−1,100	$130.62	$143,686
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−13,083	$128.27	$1,678,211
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−300	$131.29	$39,388
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−13,800	$129.51	$1,787,181
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−200	$132.92	$26,584
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−60,167	$130.44	$7,847,997
Nov 2, 2026	Michael Xie Director, Officer (VP, Engineering & CTO)	Open-market sale	−100	$133.95	$13,395
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−20,329	$131.12	$2,665,543
Nov 2, 2026	Ken Xie Director, Officer (President & CEO)	Open-market sale	−6,500	$132.31	$860,028

Peers

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Questions about Fortinet Inc.

Who is the CEO of Fortinet Inc.?

Ken Xie is Fortinet Inc.'s President & CEO.

How many directors are on Fortinet Inc.'s board?

Fortinet Inc.'s board has 11 directors: Derek T. Kan, James G. Stavridis, Janet Napolitano, Jean X. Hu, Judith Sim, Ken Xie, Kenneth A. Goldman, Mary Agnes Wilderotter, Michael Xie, Ming Hsieh and 1 other.

Are Fortinet Inc. insiders buying or selling shares?

Over the last 12 months, Fortinet Inc. insiders made no open-market purchases and sold $143.5 million of shares in 66 sales on the open market, as reported to the SEC on Forms 4 and 5.

How is Fortinet Inc. connected to…? → Spot something wrong? Report a correction

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