Arora Nikesh 4

Accession 0001193125-25-215479

CIK 0001327567other

View on SEC.gov Company Profile

Filed

Sep 23, 8:00 PM ET

Accepted

Sep 24, 4:30 PM ET

Size

27.7 KB

Accession

0001193125-25-215479

Insider Transaction Report

Form 4

Period: 2025-09-23

Palo Alto Networks IncPANW

Arora Nikesh

DirectorChief Executive Officer

Transactions

Sale
Common Stock
2025-09-23$205.63/sh−32,463$6,675,432→ 344,767 total
Exercise/Conversion
Stock Option (right to buy)
2025-09-23−846,408→ 0 total
Exercise: $33.08Exp: 2025-12-07→ Common Stock (846,408 underlying)
Sale
Common Stock
2025-09-23$206.85/sh−47,064$9,735,141→ 297,703 total
Sale
Common Stock
2025-09-23$207.63/sh−18,669$3,876,226→ 279,034 total
Sale
Common Stock
2025-09-23$208.35/sh−4,021$837,767→ 275,013 total
Exercise/Conversion
Common Stock
2025-09-23$33.08/sh+846,408$28,002,054→ 1,121,421 total
Sale
Common Stock
2025-09-23$203.69/sh−110,592$22,526,927→ 628,789 total
Sale
Common Stock
2025-09-23$204.64/sh−251,559$51,479,788→ 377,230 total
Sale
Common Stock
2025-09-23$203.09/sh−382,040$77,590,414→ 739,381 total

Holdings

Common Stock
(indirect: See footnote)
726,542
Common Stock
(indirect: See footnote)
32,010

Footnotes (11)

[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.
[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.
[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.

Documents

2 files

Issuer

Palo Alto Networks Inc

CIK 0001327567

→

Entity typeother

Related Parties

filerCIK 0001468233

Filing Metadata

Form type: 4
Filed: Sep 23, 8:00 PM ET
Accepted: Sep 24, 4:30 PM ET
Size: 27.7 KB

View on SEC.gov