GOETZ JAMES J 4
4 · Palo Alto Networks Inc · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Palo Alto Networks Director James Goetz Sells 22,684 Shares
What Happened
James J. Goetz, a director of Palo Alto Networks (PANW), sold a total of 22,684 shares in open-market transactions on March 6, 2026. He sold 8,500 shares at a weighted-average price of $163.83 for proceeds of $1,392,555, and 14,184 shares at a weighted-average price of $164.76 for proceeds of $2,336,956 — about $3,729,511 in total. These were outright sales (not purchases or option exercises), which are commonly routine insider sales.
Key Details
- Transaction date: March 6, 2026. Form 4 filed March 10, 2026 (filed within the typical 2-business-day reporting window).
- Reported sales: 8,500 shares @ $163.83 (proceeds $1,392,555); 14,184 shares @ $164.76 (proceeds $2,336,956). Total sold: 22,684 shares, ~ $3.73M.
- Price ranges (per footnotes): first lot sold across $163.27–$164.26; second lot sold across $164.28–$165.19. Reported column prices are weighted averages.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnote re ownership: some shares are held by the reporting person’s family trust; the filer disclaims beneficial ownership of trust-held shares except to the extent of pecuniary interest.
Context
- These were open-market sales (code S): sales are informative about liquidity/tax planning but do not by themselves indicate the director’s view of company prospects. No 10b5-1 plan, option exercise, gift, or tax-withholding flag was disclosed in the provided excerpt.
Insider Transaction Report
Form 4
GOETZ JAMES J
Director
Transactions
- Sale
Common Stock
[F1][F3]2026-03-06$163.83/sh−8,500$1,392,555→ 66,684 total(indirect: By Trust) - Sale
Common Stock
[F2][F3]2026-03-06$164.76/sh−14,184$2,336,956→ 52,500 total(indirect: By Trust)
Holdings
- 314,580
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.27 to $164.26, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) and footnote (2) to this Form 4.
- [F2]The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $164.28 to $165.19, inclusive.
- [F3]Shares held by the Reporting Person's family trust. The Reporting Person may be deemed to beneficially own the shares held by his family trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.
Signature
/s/ Jung Yeon Son, by power of attorney for James J. Goetz|2026-03-10