Key John P. 4
Research Summary
AI-generated summary
Palo Alto Networks Director John P. Key Sells 7,500 Shares
What Happened
John P. Key, a director of Palo Alto Networks (PANW), reported an open-market sale of 7,500 shares on 2026-06-12. The shares were sold at $279.24 per share for total proceeds of approximately $2,094,300. This transaction is a sale (transaction code "S") and is typically a liquidity event rather than a direct signal of company outlook.
Key Details
- Transaction date: 2026-06-12
- Type: Open-market sale (reported as "S")
- Shares sold: 7,500
- Price per share: $279.24
- Total proceeds: ~$2,094,300
- Shares owned after transaction: Not specified in the provided data — see the filed Form 4 for post-transaction holdings.
- 10b5-1, tax withholding or other footnotes: None indicated in the supplied summary.
- Filing timeliness: Reported and filed with period of report 2026-06-12 (no late filing flag indicated).
Context
Insider sales are common for liquidity or portfolio management and do not necessarily indicate a change in a director’s view of the company. For full details (post-transaction holdings, any footnotes, and the official filing), consult the SEC Form 4 accession 0001193125-26-269644.