Palo Alto Networks (PANW) Chief Accounting Officer Paul Josh D. Receives Award

What Happened

• Paul Josh D., Chief Accounting Officer of Palo Alto Networks (PANW), was granted 7,211 restricted stock units (RSUs) on 2026-09-18. The grant is recorded at $0.00 per share as an award/grant (transaction code A). This is a compensation award, not an open-market purchase or sale — the RSUs convert to shares only as they vest.

Key Details

• Transaction date: 2026-09-18; Filing date: 2026-09-22 (Form 4 filed within the typical two-business-day window).
• Grant: 7,211 RSUs; reported acquisition price $0.00 (award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Each RSU vests one-third on Aug 1 of 2027, 2028, and 2029, contingent on continued service through each vesting date.
• Transaction code: A (award/grant).

Context

• RSUs are a form of equity compensation that convert to actual shares when they vest; they generally do not represent immediately tradable stock and are subject to forfeiture if the executive leaves before vesting.
• Grants like this are common as part of executive compensation and do not by themselves indicate the insider is buying or selling stock in the open market.