William D. Jenkins Jr - 20 May 2024 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role: President
Signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for William D. Jenkins, Jr.
Issuer symbol: PANW
Transactions as of: 20 May 2024
Transactions value $: $0
Form type: 4
Filing time: 21 May 2024, 17:40:25 UTC
Previous filing: 07 May 2024
Next filing: 28 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PANW	Common Stock	Disposed to Issuer	$0	-3.83K	-14.74%	$0.00	22.1K	20 May 2024	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PANW	Phantom Stock	Award	$0	+3.83K	+2.73%	$0.00	144K	20 May 2024	Common Stock	3.83K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the vesting of previously reported restricted stock units, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").
F2	Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
F3	Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. The common stock shares will be released on or about January 31, 2027.