4//SEC Filing
Arora Nikesh 4
Accession 0001193125-25-265124
CIK 0001327567other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 6:07 PM ET
Size
10.9 KB
Accession
0001193125-25-265124
Insider Transaction Report
Form 4
Arora Nikesh
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-11-01+1,185,721→ 1,460,734 total - Award
Phantom Stock
2025-11-01+1,185,721→ 2,958,459 total→ Common Stock (42,558 underlying) - Disposition to Issuer
Common Stock
2025-11-01−1,185,721→ 275,013 total
Holdings
- 32,010(indirect: See footnote)
Common Stock
- 726,542(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.
- [F2]In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").
- [F3]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.
- [F4]Shares are held by the Nikesh Arora 2025 Annuity Trust, for which the Reporting Person serves as trustee.
- [F5]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. A portion of the common stock shares will be released on or about January 31, 2027, and another portion will be released on or about January 31, 2028.
Documents
Issuer
Palo Alto Networks Inc
CIK 0001327567
Entity typeother
Related Parties
1- filerCIK 0001468233
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 6:07 PM ET
- Size
- 10.9 KB