Nir Zuk - 01 Jul 2024 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Reporting relationship: EVP, Chief Technology Officer, Director
Issuer ticker: PANW
Reported as of: 01 Jul 2024
Net transaction value: -$12,209,676
SEC form: 4
Accepted by SEC: 03 Jul 2024, 16:00:03 UTC
Prior SEC filing: 05 Jun 2024
Next SEC filing: 02 Aug 2024
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk

Filing notes and source

Key filing fact

Nir Zuk filed Form 4 for Palo Alto Networks Inc (PANW) on 03 Jul 2024.

Key facts

This page summarizes Nir Zuk's Form 4 filing for Palo Alto Networks Inc (PANW).
10 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Jul 2024, 16:00.

Change

Previous filing in this sequence was filed on 05 Jun 2024.
Current net transaction value: -$12,209,676.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PANW transaction

Common Stock

Sale

Transaction value: $588,007
Shares: -1,769
Change %: -0.14%
Price: $332.40
Shares after: 1,257,798
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F2

PANW transaction

Common Stock

Sale

Transaction value: $622,465
Shares: -1,867
Change %: -0.15%
Price: $333.40
Shares after: 1,255,931
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F3

PANW transaction

Common Stock

Sale

Transaction value: $479,357
Shares: -1,433
Change %: -0.11%
Price: $334.51
Shares after: 1,254,498
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F4

PANW transaction

Common Stock

Sale

Transaction value: $1,007,925
Shares: -3,000
Change %: -0.24%
Price: $335.98
Shares after: 1,251,498
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F5

PANW transaction

Common Stock

Sale

Transaction value: $344,370
Shares: -1,022
Change %: -0.08%
Price: $336.96
Shares after: 1,250,476
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F6

PANW transaction

Common Stock

Sale

Transaction value: $169,103
Shares: -500
Change %: -0.04%
Price: $338.21
Shares after: 1,249,976
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F7

PANW transaction

Common Stock

Sale

Transaction value: $1,121,818
Shares: -3,303
Change %: -0.26%
Price: $339.64
Shares after: 1,246,673
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F8

PANW transaction

Common Stock

Sale

Transaction value: $4,085,412
Shares: -12,000
Change %: -0.96%
Price: $340.45
Shares after: 1,234,673
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F9

PANW transaction

Common Stock

Sale

Transaction value: $3,442,281
Shares: -10,086
Change %: -0.82%
Price: $341.29
Shares after: 1,224,587
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F10

PANW transaction

Common Stock

Sale

Transaction value: $348,938
Shares: -1,020
Change %: -0.08%
Price: $342.10
Shares after: 1,223,567
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F1, F11

PANW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 274,914
Date: 01 Jul 2024
Ownership: See footnote
Footnotes: F12

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 1, 2024.

Footnote F2

This sale price represents the weighted average sale price of the shares sold ranging from $331.99 to $332.96 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F3

This sale price represents the weighted average sale price of the shares sold ranging from $333.01 to $333.80 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F4

This sale price represents the weighted average sale price of the shares sold ranging from $334.28 to $334.94 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F5

This sale price represents the weighted average sale price of the shares sold ranging from $335.39 to $336.33 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F6

This sale price represents the weighted average sale price of the shares sold ranging from $336.48 to $337.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F7

This sale price represents the weighted average sale price of the shares sold ranging from $337.72 to $338.71 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F8

This sale price represents the weighted average sale price of the shares sold ranging from $338.90 to $339.89 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F9

This sale price represents the weighted average sale price of the shares sold ranging from $339.91 to $340.90 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F10

This sale price represents the weighted average sale price of the shares sold ranging from $340.91 to $341.89 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F11

This sale price represents the weighted average sale price of the shares sold ranging from $341.95 to $342.48 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Footnote F12

Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.