FTNT

Fortinet, Inc.

One filing signal, as this feed published it.

FTNT Fortinet, Inc. BEARISH conviction 1

2026-08-03: Xie Ken (Director, PRESIDENT & CEO) — scheduled sell (10b5-1 plan) — $26.3M of FTNT (open-market, Form 4, code S) [10b5-1 plan] [exercise-and-sell: sold 161,482 sh, all of them exercised the same day (155,000 sh) and 2 days earlier (6,482 sh) (155,000 of those at $22.90, 6,482 at no cost) vs a $162.66 avg sale — the $3.5M strike was settled in shares withheld by the issuer (code F), not in cash, so $26.3M gross is $26.3M of cash; the other 6,611 were withheld for the exercise price or the tax (code F) — nothing was kept, every share exercised was sold or withheld] [CORRECTION 2026-08-29: shape sweep — one day-gap was quantified over shares of two different ages: the number published is the WIDEST gap any of the sold shares carried, and the sentence applied it to all of them, so shares sold on the day they were created were dated days before the sale — the split is now printed with the share count in each part. Re-derived from the filing under the fixed parser. Original text in signal_events]

Trade date
2026-08-03
Filed
2026-08-04
Flagged
2026-08-05

SEC Form 4 on EDGAR permalink 0001475587-26-000014

Everything sibyl flagged on 2026-08-05

What these fields mean

Direction
Direction (BULLISH/BEARISH) classifies the event, not the price. It is not a forecast, and no scout's direction has been validated as predictive.
Conviction
Confidence is a heuristic conviction score, not a calibrated probability. On a single filing it is the scout's own 1-5 grade; on a row that rolls several filings together it is their SUM and has no ceiling, so it can read above 5. The stored number is published as it stands — never clamped, never hidden.
Dates
Dates are rendered exactly as filed. A sibyl row leads with the TRADE date the Form 4 reports; a pelosi row shows the member's trade date and the date the disclosure was filed, which are rarely the same day. "Flagged" is the day this feed first published the row.
Backfilled rows
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Sources
Every row links to the filing it was read from — an SEC Form 4 on EDGAR, or the disclosure document filed with the House Clerk or the Senate. A row whose source document this feed cannot link to is left off it.

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