Palo Alto Networks Director Aparna Bawa Sells 1,500 Shares

What Happened

• Aparna Bawa, a director of Palo Alto Networks (PANW), sold a total of 1,500 shares in two open-market transactions. On 2026-09-14 she sold 1,000 shares at $373.61 each for $373,605, and on 2026-09-15 she sold 500 shares at $377.18 each for $188,590. Total proceeds were approximately $562,195. These were sales (not purchases or option exercises).

Key Details

• Transaction dates and prices:
  • 2026-09-14: 1,000 shares sold @ $373.61 = $373,605
  • 2026-09-15: 500 shares sold @ $377.18 = $188,590
• Shares owned after the transactions: not specified in the provided summary; see the Form 4 for post-transaction holdings.
• Footnote: F1 — Shares are held by The Bawa Family Trust, for which the reporting person and her spouse serve as trustees (the sale appears to have been of trust-held shares).
• Filing timeliness: Report filed 2026-09-16; appears to be filed within the typical Section 16 reporting window (timely).

Context

• These were straightforward open-market sales by a company director. Sales are common and do not, by themselves, indicate the director’s view of the company’s prospects. For complete ownership context and any additional transactions, review the full Form 4 (Accession 0001193125-26-393132).