Michael Xie
Net Worth

Last updated:

What is Michael Xie net worth?

The estimated net worth of Mr. Michael Xie is at least $4,174,640,593 as of 4 Nov 2024. He owns shares worth $843,208,162 as insider, has earned $3,318,822,991 from insider trading and has received compensation worth at least $12,609,440 in Fortinet, Inc..

What is the salary of Michael Xie?

Mr. Michael Xie salary is $788,090 per year as Founder, Pres, Chief Technology Officer & Director in Fortinet, Inc..

How old is Michael Xie?

Mr. Michael Xie is 56 years old, born in 1969.

What stocks does Michael Xie currently own?

As insider, Mr. Michael Xie owns shares in one company:

Company Title Shares Price per share Total value
Fortinet, Inc. (FTNT) Founder, Pres, Chief Technology Officer & Director 10,827,018 $77.88 $843,208,162

What does Fortinet, Inc. do?

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Michael Xie insider trading

Fortinet, Inc.

Mr. Michael Xie has made 184 insider trades between 2009-2024, according to the Form 4 filled with the SEC. Most recently he sold 13,481 units of FTNT stock worth $1,060,618 on 4 Nov 2024.

The largest trade he's ever made was exercising 800,000 units of FTNT stock on 23 Nov 2009. As of 4 Nov 2024 he still owns at least 10,827,018 units of FTNT stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 13,481 $78.68 $1,060,618
Sale
Common Stock 11,231 $79.09 $888,271
Option
Restricted Stock Units 2,764 N/A N/A
Option
Restricted Stock Units 4,555 N/A N/A
Option
Common Stock 2,764 N/A N/A
Option
Common Stock 2,030 N/A N/A
Option
Common Stock 4,555 N/A N/A
Option
Restricted Stock Units 2,030 N/A N/A
Sale
Common Stock 2,676 $65.19 $174,456
Sale
Common Stock 16,960 $64.68 $1,096,905
Sale
Common Stock 5,074 $63.43 $321,829
Option
Common Stock 2,763 N/A N/A
Option
Common Stock 2,030 N/A N/A
Option
Common Stock 4,550 N/A N/A
Option
Restricted Stock Units 4,550 N/A N/A
Option
Restricted Stock Units 2,030 N/A N/A
Option
Restricted Stock Units 2,763 N/A N/A
Sale
Common Stock 3,885 $74.48 $289,339
Sale
Common Stock 900 $75.54 $67,983
Sale
Common Stock 1,000 $76.63 $76,631
Sale
Common Stock 100 $77.24 $7,724
Option
Common Stock 4,550 N/A N/A
Option
Restricted Stock Units 4,550 N/A N/A
Option
Common Stock 2,030 N/A N/A
Option
Restricted Stock Units 2,030 N/A N/A
Option
Restricted Stock Units 5,095 N/A N/A
Option
Common Stock 5,095 N/A N/A
Sale
Common Stock 700 $62.34 $43,641
Sale
Common Stock 5,126 $61.48 $315,162
Option
Common Stock 2,030 N/A N/A
Option
Restricted Stock Units 2,030 N/A N/A
Option
Restricted Stock Units 5,090 N/A N/A
Option
Restricted Stock Units 4,555 N/A N/A
Option
Common Stock 5,090 N/A N/A
Option
Common Stock 4,555 N/A N/A
Sale
Common Stock 227,372 $53.7 $12,208,967
Option
Nonqualified Stock Option (right to buy) 225,000 $4.76 $1,071,000
Option
Common Stock 225,000 $4.76 $1,071,000
Sale
Common Stock 12,674 $54.23 $687,248
Option
Common Stock 8,120 N/A N/A
Option
Common Stock 4,555 N/A N/A
Option
Restricted Stock Units 5,090 N/A N/A
Option
Restricted Stock Units 8,120 N/A N/A
Option
Common Stock 5,090 N/A N/A
Option
Common Stock 6,760 N/A N/A
Option
Restricted Stock Units 6,760 N/A N/A
Option
Restricted Stock Units 4,555 N/A N/A
Sale
Common Stock 2,617 $53.54 $140,125
Sale
Common Stock 700 $55.49 $38,842
Sale
Common Stock 4,950 $54.79 $271,196
Option
Common Stock 6,755 N/A N/A
Option
Restricted Stock Units 6,755 N/A N/A
Option
Common Stock 5,095 N/A N/A
Option
Common Stock 4,550 N/A N/A
Option
Restricted Stock Units 5,095 N/A N/A
Option
Restricted Stock Units 4,550 N/A N/A
Option
Restricted Stock Units 4,555 N/A N/A
Sale
Common Stock 8,267 $60.64 $501,311
Option
Restricted Stock Units 6,755 N/A N/A
Option
Restricted Stock Units 5,090 N/A N/A
Option
Common Stock 6,755 N/A N/A
Option
Common Stock 5,090 N/A N/A
Option
Common Stock 4,555 N/A N/A
Sale
Common Stock 280 $244.82 $68,548
Sale
Common Stock 368 $245.44 $90,322
Sale
Common Stock 213 $247.8 $52,781
Sale
Common Stock 80 $249.74 $19,979
Sale
Common Stock 100 $260.1 $26,010
Sale
Common Stock 26 $255.46 $6,642
Sale
Common Stock 66 $257.71 $17,009
Sale
Common Stock 20 $261.41 $5,228
Sale
Common Stock 80 $254.06 $20,325
Sale
Common Stock 40 $252.36 $10,094
Sale
Common Stock 100 $248.75 $24,875
Sale
Common Stock 180 $246.85 $44,433
Sale
Common Stock 100 $251.01 $25,101
Option
Restricted Stock Units 1,351 N/A N/A
Option
Restricted Stock Units 1,018 N/A N/A
Option
Restricted Stock Units 911 N/A N/A
Option
Common Stock 1,351 N/A N/A
Option
Common Stock 1,018 N/A N/A
Option
Common Stock 911 N/A N/A
Option
Restricted Stock Units 3,642 N/A N/A
Option
Restricted Stock Units 1,775 N/A N/A
Option
Restricted Stock Units 1,019 N/A N/A
Option
Restricted Stock Units 1,351 N/A N/A
Option
Common Stock 3,642 N/A N/A
Option
Common Stock 1,019 N/A N/A
Option
Common Stock 1,351 N/A N/A
Option
Common Stock 1,775 N/A N/A
Option
Restricted Stock Units 4,145 N/A N/A
Sale
Common Stock 2,088 $328.2 $685,275
Option
Common Stock 4,145 N/A N/A
Sale
Common Stock 80,000 $303.38 $24,270,640
Sale
Common Stock 2,088 $278.59 $581,688
Option
Common Stock 4,145 N/A N/A
Option
Restricted Stock Units 1,019 N/A N/A
Sale
Common Stock 80,000 $213.55 $17,083,840
Sale
Common Stock 80,000 $213.55 $17,083,840
Sale
Common Stock 2,088 $202.84 $423,534
Sale
Common Stock 2,088 $202.84 $423,536
Option
Restricted Stock Units 4,144 N/A N/A
Option
Common Stock 4,144 N/A N/A
Option
Common Stock 4,144 N/A N/A
Option
Restricted Stock Units 4,144 N/A N/A
Sale
Common Stock 80,000 $168.3 $13,464,240
Sale
Common Stock 80,000 $41.79 $3,343,120
Sale
Common Stock 5,820 $159.33 $927,306
Option
Restricted Stock Units 9,699 N/A N/A
Option
Common Stock 9,699 N/A N/A
Sale
Common Stock 20,000 $117.42 $2,348,340
Sale
Common Stock 2,835 $110.77 $314,044
Option
Common Stock 5,626 N/A N/A
Option
Restricted Stock Units 5,626 N/A N/A
Option
Common Stock 5,626 N/A N/A
Sale
Common Stock 30,000 $132.18 $3,965,370
Sale
Common Stock 30,000 $132.11 $3,963,360
Sale
Common Stock 2,835 $139.39 $395,168
Sale
Common Stock 2,835 $139.39 $395,168
Option
Restricted Stock Units 5,627 N/A N/A
Option
Common Stock 5,627 N/A N/A
Sale
Common Stock 60,000 $141.53 $8,491,500
Sale
Common Stock 2,835 $105.63 $299,464
Option
Common Stock 5,626 N/A N/A
Option
Restricted Stock Units 5,626 N/A N/A
Sale
Common Stock 46,828 $107.11 $5,015,607
Sale
Common Stock 25,928 $106.35 $2,757,495
Sale
Common Stock 8,043 $118.62 $954,069
Option
Restricted Stock Units (Common Stock) 1,775 N/A N/A
Option
Restricted Stock Units 10,404 N/A N/A
Option
Common Stock 12,179 N/A N/A
Sale
Common Stock 100,000 $104.06 $10,405,900
Option
Restricted Stock Units 6,775 N/A N/A
Option
Common Stock 6,775 N/A N/A
Sale
Common Stock 40,000 $78.22 $3,128,760
Option
Restricted Stock Units 6,775 N/A N/A
Option
Common Stock 6,775 N/A N/A
Sale
Common Stock 40,000 $70.83 $2,833,120
Sale
Common Stock 33,414 $91.7 $3,063,997
Option
Common Stock 6,775 N/A N/A
Option
Restricted Stock Units 6,775 N/A N/A
Sale
Common Stock 60,000 $84.91 $5,094,780
Sale
Common Stock 9,124 $81.76 $745,933
Sale
Common Stock 30,000 $80.1 $2,403,120
Option
Restricted Stock Units 14,600 N/A N/A
Option
Common Stock 14,600 N/A N/A
Sale
Common Stock 33,880 $76.32 $2,585,755
Sale
Common Stock 70,000 $81.9 $5,733,070
Option
Restricted Stock Units 7,500 N/A N/A
Option
Common Stock 7,500 N/A N/A
Sale
Common Stock 80,000 $74.75 $5,979,920
Sale
Common Stock 85,780 $72.21 $6,194,002
Option
Restricted Stock Units 7,500 N/A N/A
Option
Common Stock 7,500 N/A N/A
Sale
Common Stock 3,780 $56.02 $211,763
Option
Common Stock 7,500 N/A N/A
Option
Restricted Stock Units 7,500 N/A N/A
Sale
Common Stock 19,790 $45.3 $896,507
Option
Common Stock 17,500 N/A N/A
Option
Restricted Stock Units 17,500 N/A N/A
Sale
Common Stock 40,000 $42.11 $1,684,280
Sale
Common Stock 3,585 $38.6 $138,392
Option
Common Stock 7,500 N/A N/A
Option
Restricted Stock Units 7,500 N/A N/A
Sale
Common Stock 3,585 $36.3 $130,132
Option
Common Stock 7,500 N/A N/A
Option
Restricted Stock Units 7,500 N/A N/A
Sale
Common Stock 14,344 $39.43 $565,527
Option
Common Stock 7,500 N/A N/A
Option
Restricted Stock Units 7,500 N/A N/A
Option
Common Stock 230,000 $22.36 $5,141,650
Option
Employee Stock Option (right to buy) 100,000 $20.24 $2,023,500
Option
Non-qualified stock option (right to buy) 50,000 $8.43 $421,500
Option
Common Stock 50,000 $8.43 $421,500
Sale
Common Stock 69,095 $33.15 $2,290,223
Option
Restricted Stock Units 17,500 N/A N/A
Option
Common Stock 17,500 N/A N/A
Sale
Common Stock 3,585 $31.77 $113,885
Option
Restricted Stock Units 7,500 N/A N/A
Option
Common Stock 7,500 N/A N/A
Sale
Common Stock 16,635 $34.06 $566,621
Option
Restricted Stock Units 8,542 N/A N/A
Option
Common Stock 8,542 N/A N/A
Sale
Common Stock 14,123 $32.5 $459,012
Option
Restricted Stock Units 8,542 N/A N/A
Option
Common Stock 8,542 N/A N/A
Sale
Common Stock 7,670 $27.76 $212,942
Option
Restricted Stock Units 16,042 N/A N/A
Option
Common Stock 16,042 N/A N/A
Option
Employee Stock Option (right to buy) 200,000 $3.74 $747,000
Option
Common Stock 200,000 $3.74 $747,000
Sale
Common Stock 2,887 $34.79 $100,424
Option
Restricted Stock Units 6,041 N/A N/A
Option
Common Stock 6,041 N/A N/A
Sale
Common Stock 15,440 $47.4 $731,810
Option
Restricted Stock Units 6,042 N/A N/A
Option
Common Stock 6,042 N/A N/A
Option
Common Stock 250,000 $3.74 $933,750
Sale
Common Stock 250,000 $3.74 $933,750
Option
Employee Stock Option (right to buy) 250,000 $3.74 $933,750
Sale
Common Stock 80,000 $40.05 $3,203,840
Sale
Common Stock 72,233 $37.7 $2,722,823
Option
Restricted Stock Units 6,042 N/A N/A
Option
Common Stock 6,042 N/A N/A
Sale
Common Stock 30,000 $34.29 $1,028,730
Sale
Common Stock 30,000 $33.72 $1,011,690
Sale
Common Stock 30,000 $30.91 $927,240
Option
Common Stock 13,541 N/A N/A
Option
Restricted Stock Units 13,541 N/A N/A
Sale
Common Stock 25,000 $27.42 $685,575
Sale
Common Stock 25,000 $27.42 $685,575
Sale
Common Stock 25,000 $26.48 $662,000
Option
Non-qualified stock option (right to buy) 50,000 $26.38 $1,318,900
Option
Common Stock 50,000 $26.38 $1,318,900
Sale
Common Stock 47,210 $26.33 $1,242,803
Option
Restricted Stock Units 3,542 N/A N/A
Option
Common Stock 3,542 N/A N/A
Sale
Common Stock 2,500 $25 $62,505
Sale
Common Stock 29,100 $24.88 $724,066
Sale
Common Stock 25,000 $26.36 $659,025
Sale
Common Stock 45,000 $26.26 $1,181,520
Sale
Common Stock 20,000 $24.99 $499,840
Sale
Common Stock 2,210 $24.05 $53,148
Option
Restricted Stock Units 3,542 N/A N/A
Option
Common Stock 3,542 N/A N/A
Sale
Common Stock 20,000 $25.25 $504,900
Sale
Common Stock 2,209 $21.98 $48,554
Option
Common Stock 3,541 N/A N/A
Option
Restricted Stock Units 3,541 N/A N/A
Sale
Common Stock 6,762 $20.58 $139,189
Option
Restricted Stock Units 11,042 N/A N/A
Option
Common Stock 11,042 N/A N/A
Sale
Common Stock 650 $19.98 $12,988
Option
Restricted Stock Units 1,042 N/A N/A
Option
Common Stock 1,042 N/A N/A
Sale
Common Stock 2,600 $20.05 $52,127
Option
Common Stock 4,166 N/A N/A
Option
Restricted Stock Units 4,166 N/A N/A
Sale
Common Stock 50,000 $25.34 $1,266,750
Sale
Common Stock 2,000 $24.84 $49,688
Sale
Common Stock 2,000 $24.84 $49,688
Sale
Common Stock 50,000 $25.1 $1,255,150
Sale
Common Stock 2,000 $23.32 $46,634
Sale
Common Stock 2,000 $23.32 $46,634
Sale
Common Stock 1,000 $25.37 $25,366
Sale
Common Stock 2,000 $25.14 $50,270
Sale
Common Stock 2,000 $25.14 $50,270
Sale
Common Stock 50,000 $22.35 $1,117,500
Sale
Common Stock 2,000 $23.83 $47,654
Sale
Common Stock 2,000 $22.67 $45,344
Sale
Common Stock 2,000 $20.67 $41,330
Sale
Common Stock 2,000 $20.67 $41,330
Sale
Common Stock 50,000 $21.36 $1,068,000
Sale
Common Stock 2,000 $23.83 $47,666
Sale
Common Stock 2,000 $23.83 $47,666
Sale
Common Stock 2,000 $22.09 $44,178
Sale
Common Stock 2,000 $22.09 $44,178
Sale
Common Stock 50,000 $22.09 $1,104,250
Sale
Common Stock 2,000 $22.19 $44,372
Sale
Common Stock 2,000 $22.19 $44,372
Sale
Common Stock 2,000 $21.04 $42,072
Sale
Common Stock 2,000 $21.04 $42,072
Sale
Common Stock 50,000 $20.6 $1,030,200
Sale
Common Stock 4,000 $20.67 $82,680
Sale
Common Stock 2,000 $21.18 $42,358
Sale
Common Stock 2,000 $21.18 $42,358
Sale
Common Stock 50,000 $21.77 $1,088,700
Sale
Common Stock 2,000 $21.84 $43,678
Sale
Common Stock 2,000 $21.84 $43,678
Sale
Common Stock 2,000 $23.58 $47,156
Sale
Common Stock 2,000 $23.58 $47,156
Sale
Common Stock 50,000 $24.09 $1,204,250
Sale
Common Stock 2,000 $24.05 $48,102
Sale
Common Stock 2,000 $24.05 $48,102
Sale
Common Stock 2,500 $25.93 $64,815
Sale
Common Stock 2,500 $25.93 $64,815
Sale
Common Stock 2,500 $26.07 $65,170
Sale
Common Stock 2,500 $26.98 $67,448
Sale
Common Stock 2,500 $27.6 $68,995
Sale
Common Stock 2,500 $27.6 $68,995
Sale
Common Stock 2,500 $27.7 $69,243
Sale
Common Stock 2,500 $27.7 $69,243
Sale
Common Stock 2,500 $28.21 $70,515
Sale
Common Stock 2,500 $28.21 $70,515
Sale
Common Stock 2,500 $27.05 $67,620
Sale
Common Stock 2,500 $26.61 $66,525
Sale
Common Stock 2,500 $26.71 $66,778
Sale
Common Stock 2,500 $26.71 $66,778
Sale
Common Stock 2,500 $27.43 $68,578
Sale
Common Stock 2,500 $27.43 $68,578
Sale
Common Stock 2,500 $26.39 $65,970
Sale
Common Stock 2,500 $26.39 $65,970
Sale
Common Stock 2,500 $27.54 $68,853
Sale
Common Stock 2,500 $27.54 $68,853
Sale
Common Stock 2,500 $26.23 $65,570
Sale
Common Stock 2,500 $26.24 $65,605
Sale
Common Stock 20,000 $20.87 $417,300
Sale
Common Stock 20,000 $20.16 $403,120
Sale
Common Stock 10,000 $21.13 $211,310
Sale
Common Stock 10,000 $21.39 $213,870
Sale
Common Stock 15,000 $26.98 $404,715
Sale
Common Stock 5,000 $26.7 $133,490
Sale
Common Stock 20,000 $27.97 $559,420
Sale
Common Stock 20,000 $27.97 $559,420
Sale
Common Stock 20,000 $24.94 $498,860
Sale
Common Stock 20,000 $24.64 $492,700
Sale
Common Stock 20,000 $23.87 $477,440
Sale
Common Stock 20,000 $23.87 $477,440
Sale
Common Stock 10,000 $47.87 $478,650
Sale
Common Stock 10,000 $47.01 $470,090
Sale
Common Stock 10,000 $47.33 $473,250
Sale
Common Stock 10,000 $47.58 $475,790
Sale
Common Stock 7,500 $41.48 $311,063
Sale
Common Stock 12,500 $40.36 $504,525
Sale
Common Stock 4,500 $40.09 $180,419
Sale
Common Stock 7,500 $38.49 $288,660
Sale
Common Stock 8,000 $39.43 $315,448
Sale
Common Stock 20,000 $42.69 $853,840
Option
Common Stock 80,000 $2.26 $180,640
Option
Employee Stock Option (right to buy) 30,000 $2.15 $64,500
Sale
Common Stock 396,000 $27 $10,692,000
Sale
Common Stock 33,000 $25.95 $856,251
Sale
Common Stock 33,000 $24.1 $795,168
Sale
Common Stock 33,000 $17.62 $581,295
Sale
Common Stock 33,000 $15.93 $525,525
Sale
Common Stock 33,000 $16.36 $539,748
Sale
Common Stock 39,000 $78,854.26 $3,075,315,945
Option
Common Stock 200,000 $2.15 $430,000
Option
Employee Stock Option (right to buy) 200,000 $2.15 $430,000
Sale
Common Stock 800,000 $11.63 $9,300,000