Jenkins William D Jr 4
4 · Palo Alto Networks Inc · Filed Feb 20, 2025
Insider Transaction Report
Form 4
Jenkins William D Jr
President
Transactions
- Sale
Common Stock
2025-02-19$203.74/sh−302$61,529→ 23,662 total - Sale
Common Stock
2025-02-19$204.94/sh−799$163,750→ 22,863 total - Sale
Common Stock
2025-02-19$206.06/sh−1,200$247,267→ 21,663 total - Sale
Common Stock
2025-02-19$208.24/sh−100$20,824→ 21,563 total - Disposition to Issuer
Common Stock
2025-02-20−3,828→ 17,735 total - Award
Phantom Stock
2025-02-20+3,828→ 415,652 total→ Common Stock (3,828 underlying)
Footnotes (7)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 26, 2024.
- [F2]This sale price represents the weighted average sale price of the shares sold ranging from $203.41 to $204.33 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 number reflects the Issuer's 2-for-1 stock split effected December 13, 2024.
- [F4]This sale price represents the weighted average sale price of the shares sold ranging from $204.49 to $205.30 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 $205.59 to $206.50 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.
- [F6]In connection with the vesting of previously reported restricted stock units, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").
- [F7]Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. The common stock shares will be released on or about January 31, 2027.