Palo Alto Networks (PANW) Director Aparna Bawa Sells 345 Shares

What Happened
Aparna Bawa, a director of Palo Alto Networks, sold 345 shares on 2026-06-22 in an open-market transaction. The filing reports a weighted average sale price of $290.17 per share (range $290.005–$290.24), for total proceeds of $100,109. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-06-22.
• Price: Weighted average $290.17 per share; reported range $290.005 to $290.24 (see footnote F1 for breakdown availability).
• Shares sold: 345; Total proceeds: $100,109.
• Shares owned after transaction: Not specified in this Form 4 excerpt.
• Beneficial ownership note: Shares are held by The Bawa Family Trust, for which the reporting person and her spouse are trustees (footnote F2).
• Timeliness: Filed with a report date of 2026-06-22; no late filing indicated.

Context
Sales by directors can be routine portfolio-management actions (or to satisfy tax/liquidity needs) and do not by themselves indicate a change in company outlook. Footnote F1 states the reporting person will provide a per-price breakdown on request to the SEC; F2 explains the shares are held in a family trust.