Palo Alto Networks (PANW) Chief Accounting Officer Paul Josh D. Withholds 3,861 Shares

What Happened
Paul Josh D., Chief Accounting Officer of Palo Alto Networks, had 3,861 shares withheld by the company to satisfy tax withholding related to the vesting and net settlement of previously reported restricted stock units. The shares were valued at $331.83 each, for a total withholding value of approximately $1,281,196. This was a tax-withholding/net settlement transaction — not an open-market sale.

Key Details

• Transaction date: 2026-08-01; Price per share: $331.83; Shares withheld/disposed: 3,861; Total value: ~$1,281,196.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The filing states these shares were withheld by the issuer to satisfy income tax and withholding obligations on vested RSUs (i.e., a tax withholding/net settlement).
• Filing: Report filed 2026-08-04 for the 2026-08-01 transaction; no late filing indicator noted in the provided information.

Context
This transaction is a common, administrative tax-withholding event tied to RSU vesting (a net settlement) rather than a discretionary sale by the insider. Such withholdings are routine and do not necessarily signal a change in the insider’s view of the company.