Filing Details
- Accession Number:
- 0000950170-25-050778
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-04-03 19:00:04
- Reporting Period:
- 2025-04-01
- Filing Date:
- 2025-04-03
- Accepted Time:
- 2025-04-03 19:00:04
- 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 | 2025-04-01 | 264,144 | $33.08 | 581,715 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-04-01 | 21,152 | $167.51 | 560,563 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-01 | 43,151 | $168.28 | 517,412 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-01 | 76,159 | $169.41 | 441,253 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-01 | 95,562 | $170.13 | 345,691 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-01 | 28,120 | $171.26 | 317,571 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-04-02 | 227,414 | $33.08 | 544,985 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-04-02 | 2,532 | $168.54 | 542,453 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-02 | 2,201 | $169.72 | 540,252 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-02 | 9,589 | $170.96 | 530,663 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-02 | 54,560 | $171.89 | 476,103 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-02 | 86,586 | $172.76 | 389,517 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-02 | 55,147 | $173.62 | 334,370 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-02 | 16,799 | $174.43 | 317,571 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-04-03 | 296,838 | $33.08 | 614,409 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-04-03 | 44,182 | $163.65 | 570,227 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-03 | 39,501 | $164.69 | 530,726 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-03 | 81,510 | $165.75 | 449,216 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-03 | 56,076 | $166.70 | 393,140 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-03 | 71,272 | $167.65 | 321,868 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-04-03 | 4,297 | $168.38 | 317,571 | 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 | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2025-04-01 | 264,144 | $0.00 | 264,144 | $33.08 |
| Common Stock | Stock Option (right to buy) | Disposition | 2025-04-02 | 227,414 | $0.00 | 227,414 | $33.08 |
| Common Stock | Stock Option (right to buy) | Disposition | 2025-04-03 | 296,838 | $0.00 | 296,838 | $33.08 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,370,660 | 2025-12-07 | No | 4 | M | Direct | |
| 1,143,246 | 2025-12-07 | No | 4 | M | Direct | |
| 846,408 | 2025-12-07 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 32,010 | Indirect | See footnote |
| Common Stock | 726,542 | Indirect | See footnote |
Footnotes
- Reflects the Reporting Person's allocation of 726,542 shares to the Nikesh Arora 2025 Annuity Trust.
- 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.
- This sale price represents the weighted average sale price of the shares sold ranging from $166.83 to $167.825 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 $167.83 to $168.825 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 $168.83 to $169.825 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 $169.83 to $170.825 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 $170.83 to $171.81 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 $168.19 to $169.15 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 $169.22 to $170.185 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 $170.225 to $171.22 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 $171.225 to $172.22 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 $172.225 to $173.22 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 $173.225 to $174.22 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 $174.225 to $174.69 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 $163.19 to $164.185 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 $164.19 to $165.185 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 $165.19 to $166.185 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 $166.19 to $167.185 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 $167.19 to $168.18 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 $168.19 to $168.50 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 are fully vested and exercisable.
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