Filing Details

Accession Number:
0000950170-24-114703
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-15 16:30:03
Reporting Period:
2024-10-10
Accepted Time:
2024-10-15 16:30:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1327567 Palo Alto Networks Inc PANW Computer Peripheral Equipment, Nec (3577) 202530195
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1468233 Nikesh Arora C/O Palo Alto Networks Inc.
3000 Tannery Way
Santa Clara CA 95054
Chief Executive Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-10-10 81,586 $66.17 700,301 No 4 M Direct
Common Stock Disposition 2024-10-10 14,552 $366.54 685,749 No 4 S Direct
Common Stock Disposition 2024-10-10 23,215 $367.64 662,534 No 4 S Direct
Common Stock Disposition 2024-10-10 33,294 $368.49 629,240 No 4 S Direct
Common Stock Disposition 2024-10-10 10,525 $369.19 618,715 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2024-10-10 81,586 $0.00 81,586 $66.17
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,000,000 2025-12-07 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 16,005 Indirect See footnote
Footnotes
  1. 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 March 27, 2024.
  2. This sale price represents the weighted average sale price of the shares sold ranging from $366.00 to $366.9975 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.
  3. This sale price represents the weighted average sale price of the shares sold ranging from $367.00 to $367.995 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.
  4. This sale price represents the weighted average sale price of the shares sold ranging from $368.00 to $368.995 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.
  5. This sale price represents the weighted average sale price of the shares sold ranging from $369.00 to $369.57 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.
  6. 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.
  7. The shares subject to the option are fully vested and exercisable.