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$PANW All transactions

Palo Alto Networks Inc

M 10b5-1 Plan

$ Value

$28.0M

Shares

846,408

Price

$33

Filed

Sep 24

Insider

Name

Arora Nikesh

Title

Chief Executive Officer

CIK

0001468233

Roles

Director Officer

Transaction Details

Transaction Date

2025-09-23

Code

M

Table

Non-Derivative

Ownership

Direct

Equity Swap

No

Shares After

1,121,421

Footnotes

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. | 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. | 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. | 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. | 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. | 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. | 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. | 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. | 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. | Shares are held by the Nikesh Arora 2025 Annuity Trust, for which the Reporting Person serves as trustee. | The shares subject to the option were fully vested and exercisable.

Filing Info

Accession No.

0001193125-25-215479

Form Type

4

Issuer CIK

0001327567

Arora Nikesh's History

Date Ticker Type Value
2026-04-10 UBER A $0
2026-03-27 PANW $10.0M
2026-03-27 PANW $15K
2026-01-10 UBER A $0
2025-11-01 PANW A $0
2025-11-01 PANW D $0
2025-11-01 PANW A $0
2025-10-10 UBER A $0
2025-09-23 PANW M $28.0M
2025-09-23 PANW $77.6M

Other Insiders at PANW (90d)

Insider Bought Sold Last
Arora Nikesh
Chief Executive Officer
$10.0M 2026-03-27
Key John P. $272K 2026-04-08
Golechha Dipak
EVP, Chief Financial Officer
$802K 2026-04-01
Paul Josh D.
Chief Accounting Officer
$178K 2026-04-01