Last updated: 2 August 2024 at 6:27pm EST

Michael Xie Net Worth




The estimated Net Worth of Michael Xie is at least $1.01 Miliarda dollars as of 1 August 2024. Mr. Xie owns over 24,712 units of Fortinet Inc stock worth over $831,315,460 and over the last 15 years he sold FTNT stock worth over $177,598,688. In addition, he makes $4,291,740 as President a Chief Technology Officer and Director at Fortinet Inc.

Mr. Xie FTNT stock SEC Form 4 insiders trading

Michael has made over 120 trades of the Fortinet Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 24,712 units of FTNT stock worth $1,386,590 on 1 August 2024.

The largest trade he's ever made was exercising 300,000 units of Fortinet Inc stock on 20 November 2023 worth over $22,992,000. On average, Michael trades about 27,272 units every 32 days since 2009. As of 1 August 2024 he still owns at least 10,847,018 units of Fortinet Inc stock.

You can see the complete history of Mr. Xie stock trades at the bottom of the page.





Michael Xie biography

Michael Xie serves as President, Chief Technology Officer and Director of the Company. He has served as our President and Chief Technology Officer since November 2013 and as a member of the Board of Directors since February 2001. He previously served as our Vice President of Engineering and Chief Technology Officer after co-founding Fortinet in October 2000. Prior to co-founding Fortinet, he held positions as Vice President of Engineering for ServGate Technologies, Inc., a network security provider that was acquired by Amarium Technologies, Inc. in April 2006, Software Director and Architect for NetScreen and Senior Software Engineer for Milkyway Networks Corporation, a network security solutions provider. Mr. Michael Xie has an M.S. in electrical engineering from the University of Manitoba in Canada, as well as a B.S. and an M.S. in automobile engineering from Tsinghua University in China. Mr. Michael Xie has more than 20 years of technical and operational experience in the network security industry, which includes positions as the President and Chief Technology Officer of Fortinet, the Vice President of Engineering of ServGate and the Software Director and Architect of NetScreen. The Board of Directors believes that Mr. Michael Xie’s deep technical knowledge is invaluable in developing and improving Fortinet’s technology and network security products. The Board of Directors also believes Mr. Michael Xie provides valuable perspective and experience as a co-founder of Fortinet and one of its largest stockholders.

What is the salary of Michael Xie?

As the President a Chief Technology Officer and Director of Fortinet Inc, the total compensation of Michael Xie at Fortinet Inc is $4,291,740. There are 1 executives at Fortinet Inc getting paid more, with Ken Xie having the highest compensation of $9,629,920.



How old is Michael Xie?

Michael Xie is 51, he's been the President a Chief Technology Officer and Director of Fortinet Inc since 2013. There are 11 older and 1 younger executives at Fortinet Inc. The oldest executive at Fortinet Inc is William Neukom, 78, who is the Lead Independent Director.

What's Michael Xie's mailing address?

Michael's mailing address filed with the SEC is C/O FORTINET, INC., 909 KIFER ROAD, SUNNYVALE, CA, 94086.

Insiders trading at Fortinet Inc

Over the last 15 years, insiders at Fortinet Inc have traded over $297,363,224 worth of Fortinet Inc stock and bought 3,331 units worth $222,193 . The most active insiders traders include Pehong Chen, Ken Xie a Michael Xie. On average, Fortinet Inc executives and independent directors trade stock every 6 days with the average trade being worth of $1,100,627. The most recent stock trade was executed by William H. Neukom on 6 September 2024, trading 459 units of FTNT stock currently worth $34,967.



What does Fortinet Inc do?

fortinet (nasdaq: ftnt) is a worldwide provider of network security appliances and the market leader in unified threat management (utm). our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the it security infrastructure. our customers include enterprises, service providers and government entities worldwide, including the majority of the 2010 fortune global 100. fortinet’s flagship fortigate product delivers asic-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. fortinet’s broad product line goes beyond utm to help secure the extended enterprise – from endpoints, to the perimeter and the core, including databases and applications. fortinet is headquartered in sunnyvale, calif., with offices around the world.



What does Fortinet Inc's logo look like?

Fortinet Inc logo

Complete history of Mr. Xie stock trades at Fortinet Inc

Datum
#
Společnost
Osoba
Trans.
Transakce
Počet akcií Cena za akcii Celková cena Počet akcií po Zdroj
1 Aug 2024 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 24,712 $56.11 $1,386,590
1 Aug 2024
10,847,018
1 May 2024 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 24,710 $64.48 $1,593,301
1 May 2024
10,867,018
1 Feb 2024 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 38,369 $66.45 $2,549,620
1 Feb 2024
29,887,018
8 Dec 2023 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 25,885 $51.29 $1,327,642
8 Dec 2023
29,907,018
20 Nov 2023 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 300,000 $51.91 $15,573,000
20 Nov 2023
29,932,903
1 Nov 2023 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 11,675 $57.31 $669,094
1 Nov 2023
29,738,693
1 Aug 2023 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 11,675 $78.03 $911,000
1 Aug 2023
29,738,693
1 May 2023 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 11,675 $62.81 $733,307
1 May 2023
29,738,693
1 Feb 2023 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 249,525 $4.29 $1,070,462
1 Feb 2023
29,967,064
1 Nov 2022 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 16,400 $56.42 $925,288
1 Nov 2022
29,788,520
1 Aug 2022 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 16,400 $60.06 $984,984
1 Aug 2022
29,788,520
9 May 2022 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 1,653 $248.85 $411,349
9 May 2022
5,954,424
1 May 2022 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 3,280 $11.56 $37,917
1 May 2022
5,957,704
1 Feb 2022 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 7,787 $12.09 $94,145
1 Feb 2022
5,957,812
1 Nov 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 4,145 $12.96 $53,719
1 Nov 2021
5,954,170
24 Aug 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 80,000 $301.27 $24,101,600
24 Aug 2021
3,408,214
1 Aug 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 4,145 $10.89 $45,139
1 Aug 2021
5,994,170
24 May 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 80,000 $213.75 $17,100,000
24 May 2021
3,448,214
1 May 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 4,144 $8.17 $33,856
1 May 2021
6,034,169
24 Feb 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 80,000 $168.67 $13,493,600
24 Feb 2021
3,488,214
9 Feb 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,820 $159.51 $928,348
9 Feb 2021
6,070,025
1 Feb 2021 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 9,699 $5.94 $57,612
1 Feb 2021
6,079,724
24 Nov 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $117.89 $2,357,800
24 Nov 2020
3,528,214
1 Nov 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 5,626 $4.41 $24,811
1 Nov 2020
6,109,651
24 Aug 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 60,000 $131.76 $7,905,600
24 Aug 2020
3,538,214
1 Aug 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 5,627 $5.53 $31,117
1 Aug 2020
6,141,627
26 May 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 60,000 $140.30 $8,418,000
26 May 2020
3,568,214
1 May 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 5,626 $4.17 $23,460
1 May 2020
6,171,626
25 Feb 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 46,828 $106.08 $4,967,514
25 Feb 2020
3,598,214
11 Feb 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 7,343 $117.97 $866,254
11 Feb 2020
6,206,828
1 Feb 2020 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 12,179 $4.61 $56,145
1 Feb 2020
6,219,007
22 Nov 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 100,000 $103.66 $10,366,000
22 Nov 2019
6,206,828
1 Nov 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 6,775 $3.61 $24,458
1 Nov 2019
6,330,189
3 Sep 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $78.13 $3,125,200
3 Sep 2019
6,323,414
1 Aug 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 6,775 $3.16 $21,409
1 Aug 2019
6,366,775
3 Jun 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $70.43 $2,817,200
3 Jun 2019
6,360,000
1 May 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 33,414 $91.42 $3,054,708
1 May 2019
3,618,214
4 Mar 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 60,000 $84.06 $5,043,600
4 Mar 2019
6,400,000
11 Feb 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 9,124 $81.54 $743,971
11 Feb 2019
6,460,000
1 Feb 2019 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 30,000 $79.95 $2,398,500
1 Feb 2019
3,648,214
1 Nov 2018 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 73,780 $81.71 $6,028,564
1 Nov 2018
6,460,000
1 Aug 2018 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 165,780 $73.43 $12,173,225
1 Aug 2018
6,530,000
1 May 2018 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 7,500 $2.23 $16,725
1 May 2018
6,699,500
1 Feb 2018 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 19,790 $45.30 $896,487
1 Feb 2018
6,692,000
1 Dec 2017 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $41.95 $1,678,000
1 Dec 2017
3,708,314
1 Nov 2017 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 7,500 $1.55 $11,625
1 Nov 2017
6,719,500
1 Aug 2017 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 7,500 $1.47 $11,025
1 Aug 2017
6,719,500
1 May 2017 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 14,344 $39.43 $565,584
1 May 2017
6,712,000
25 Apr 2017 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 230,000 $22.46 $5,165,800
25 Apr 2017
6,712,000
1 Feb 2017 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 69,095 $33.15 $2,290,499
1 Feb 2017
6,482,000
1 Nov 2016 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 7,500 $1.27 $9,525
1 Nov 2016
6,489,500
1 Nov 2016 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 7,500 $1.27 $9,525
1 Nov 2016
6,489,500
1 Aug 2016 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 16,635 $34.06 $566,588
1 Aug 2016
6,482,000
1 May 2016 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 14,123 $32.50 $458,998
1 May 2016
6,482,000
1 Feb 2016 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 16,042 $1.14 $18,288
1 Feb 2016
6,498,042
21 Jan 2016 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 200,000 $3.74 $748,000
21 Jan 2016
6,482,000
1 Nov 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 6,041 $1.37 $8,276
1 Nov 2015
6,290,441
1 Aug 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 15,440 $47.40 $731,856
1 Aug 2015
6,284,400
30 Jul 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 250,000 $3.74 $935,000
30 Jul 2015
6,534,400
3 Jun 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 55,000 $40.05 $2,202,750
3 Jun 2015
462,488
6 May 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 72,233 $37.69 $2,722,462
6 May 2015
487,488
1 May 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 6,042 $1.54 $9,305
1 May 2015
6,353,905
1 Apr 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 30,000 $33.99 $1,019,700
1 Apr 2015
517,488
4 Mar 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 30,000 $33.72 $1,011,600
4 Mar 2015
532,488
4 Feb 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 30,000 $30.92 $927,600
4 Feb 2015
547,488
1 Feb 2015 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 13,541 $1.20 $16,249
1 Feb 2015
6,397,941
2 Dec 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 50,000 $27.42 $1,371,000
2 Dec 2014
6,384,400
5 Nov 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 25,000 $26.48 $662,000
5 Nov 2014
6,516,400
1 Nov 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 97,210 $26.38 $2,564,400
1 Nov 2014
562,488
7 Oct 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 31,600 $24.84 $784,944
7 Oct 2014
6,566,400
9 Sep 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 70,000 $26.23 $1,836,100
9 Sep 2014
6,578,000
12 Aug 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $24.99 $499,800
12 Aug 2014
622,488
1 Aug 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 3,542 $0.97 $3,436
1 Aug 2014
6,631,542
29 Jul 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $25.24 $504,800
29 Jul 2014
642,488
27 Mar 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 3,541 $0.87 $3,081
27 Mar 2014
6,631,541
1 Feb 2014 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 11,042 $0.85 $9,386
1 Feb 2014
6,639,042
1 Nov 2013 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 1,042 $0.79 $823
1 Nov 2013
6,629,042
28 Oct 2013 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 2,600 $20.05 $52,130
28 Oct 2013
6,628,000
1 Aug 2013 Michael Xie
Víceprezident, ENGINEERING a CTO
Využití opce 4,166 $0.85 $3,541
1 Aug 2013
6,632,166
21 Aug 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 50,000 $25.34 $1,267,000
21 Aug 2012
6,748,000
7 Aug 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 54,000 $25.09 $1,354,860
7 Aug 2012
6,798,000
1 Aug 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $23.64 $94,560
1 Aug 2012
6,852,000
27 Jul 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 1,000 $25.37 $25,370
27 Jul 2012
6,856,000
24 Jul 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 54,000 $22.46 $1,212,840
24 Jul 2012
6,857,000
18 Jul 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $23.38 $93,520
18 Jul 2012
6,911,000
10 Jul 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 54,000 $21.32 $1,151,280
10 Jul 2012
6,915,000
2 Jul 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $23.63 $94,520
2 Jul 2012
6,969,000
26 Jun 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 54,000 $22.10 $1,193,400
26 Jun 2012
6,973,000
20 Jun 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $22.37 $89,480
20 Jun 2012
7,027,000
12 Jun 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 54,000 $20.65 $1,115,100
12 Jun 2012
7,031,000
5 Jun 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $20.67 $82,680
5 Jun 2012
7,085,000
29 May 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 54,000 $21.75 $1,174,500
29 May 2012
7,089,000
23 May 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $22.30 $89,200
23 May 2012
7,143,000
16 May 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $23.89 $95,560
16 May 2012
7,147,000
15 May 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 50,000 $24.08 $1,204,000
15 May 2012
7,151,000
9 May 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,000 $24.40 $97,600
9 May 2012
7,201,000
2 May 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $26.10 $130,500
2 May 2012
7,205,000
25 Apr 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $26.36 $131,800
25 Apr 2012
7,210,000
18 Apr 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $27.58 $137,900
18 Apr 2012
7,215,000
11 Apr 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $27.62 $138,100
11 Apr 2012
7,220,000
4 Apr 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $28.08 $140,400
4 Apr 2012
7,225,000
28 Mar 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $26.73 $133,650
28 Mar 2012
7,230,000
21 Mar 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $26.99 $134,950
21 Mar 2012
7,235,000
14 Mar 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $27.39 $136,950
14 Mar 2012
7,240,000
7 Mar 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $26.31 $131,550
7 Mar 2012
7,245,000
29 Feb 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 5,000 $27.34 $136,700
29 Feb 2012
7,250,000
23 Feb 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 2,500 $26.23 $65,575
23 Feb 2012
7,255,000
21 Feb 2012 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 2,500 $26.24 $65,600
21 Feb 2012
7,257,500
1 Aug 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $20.34 $813,600
1 Aug 2011
7,300,000
21 Jul 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $21.14 $422,800
21 Jul 2011
7,340,000
18 Jul 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $26.91 $538,200
18 Jul 2011
7,360,000
5 Jul 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $27.96 $1,118,400
5 Jul 2011
7,380,000
21 Jun 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $24.59 $983,600
21 Jun 2011
7,420,000
6 Jun 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 40,000 $23.87 $954,800
6 Jun 2011
7,460,000
25 May 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $47.43 $948,600
25 May 2011
3,750,000
9 May 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $47.38 $947,600
9 May 2011
3,770,000
25 Apr 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $40.69 $813,800
25 Apr 2011
3,790,000
13 Apr 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 4,500 $40.09 $180,405
13 Apr 2011
3,810,000
11 Apr 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 15,500 $38.61 $598,455
11 Apr 2011
3,814,500
28 Mar 2011 Michael Xie
Víceprezident, ENGINEERING a CTO
Prodej 20,000 $42.69 $853,800
28 Mar 2011
3,830,000


Fortinet Inc executives and stock owners

Fortinet Inc executives and other stock owners filed with the SEC include: