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Sell4
Palo Alto Networks Inc
PANW
Total Value
$228.7M
Net $172.7M sold
Sales
$172.7M
7 transactions
Company Information
- Company Name
- Palo Alto Networks Inc
- Ticker Symbol
- PANW
- CIK
- 0001327567
Insider Information
- Name
- Arora Nikesh
- Role
- Insider
- Location
- SANTA CLARA, CA
Filing Details
- Filing Date
- Sep 24, 2025
- Transaction Date
- Sep 23, 2025
- Accession Number
- 0001193125-25-215479
- Form Type
- 4
- Net Trading Amount
- -$172.7M
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Sep 23, 2025 | Common Stock | 846,408 | $33.08 | Exercise | $28.0M |
| Sep 23, 2025 | Common Stock | 382,040 | $203.09 | Sale | $77.6M |
| Sep 23, 2025 | Common Stock | 110,592 | $203.69 | Sale | $22.5M |
| Sep 23, 2025 | Common Stock | 251,559 | $204.64 | Sale | $51.5M |
| Sep 23, 2025 | Common Stock | 32,463 | $205.63 | Sale | $6.7M |
| Sep 23, 2025 | Common Stock | 47,064 | $206.85 | Sale | $9.7M |
| Sep 23, 2025 | Common Stock | 18,669 | $207.63 | Sale | $3.9M |
| Sep 23, 2025 | Common Stock | 4,021 | $208.35 | Sale | $837.8K |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| Sep 23, 2025 | Derivative | 846,408 | $33.08 | Exercise | $28.0M |
Footnotes
- (F1)The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person that became effective June 24, 2025.
- (F2)This sale price represents the weighted average sale price of the shares sold ranging from $202.28 to $203.275 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F3)This sale price represents the weighted average sale price of the shares sold ranging from $203.28 to $204.27 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F4)This sale price represents the weighted average sale price of the shares sold ranging from $204.28 to $205.27 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F5)This sale price represents the weighted average sale price of the shares sold ranging from $205.28 to $206.27 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F6)This sale price represents the weighted average sale price of the shares sold ranging from $206.29 to $207.28 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F7)This sale price represents the weighted average sale price of the shares sold ranging from $207.29 to $208.27 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F8)This sale price represents the weighted average sale price of the shares sold ranging from $208.34 to $208.49 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- (F9)Shares are held by Bacchey Investments L.P., of which Bacchey Management LLC (the "LLC") is the General Partner. The Reporting Person is the manager of the LLC. The sole member of the LLC is the Aurora Trust, for which the Reporting Person serves as a trustee.
- (F10)Shares are held by the Nikesh Arora 2025 Annuity Trust, for which the Reporting Person serves as trustee.
- (F11)The shares subject to the option were fully vested and exercisable.