Mary Pat McCarthy - 19 Aug 2024 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
Director
Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Mary Pat McCarthy
Issuer symbol
PANW
Transactions as of
19 Aug 2024
Net transactions value
-$341,441
Form type
4
Filing time
21 Aug 2024, 16:30:05 UTC
Previous filing
27 Jun 2024
Next filing
28 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale $9,412 -28 -0.07% $336.15 42,489 19 Aug 2024 Direct F1, F2
transaction PANW Common Stock Sale $4,044 -12 -0.03% $336.98 42,477 19 Aug 2024 Direct F1, F3
transaction PANW Common Stock Sale $11,177 -33 -0.08% $338.71 42,444 19 Aug 2024 Direct F1, F4
transaction PANW Common Stock Sale $40,838 -120 -0.28% $340.31 42,324 19 Aug 2024 Direct F1, F5
transaction PANW Common Stock Sale $121,410 -356 -0.84% $341.04 41,968 19 Aug 2024 Direct F1, F6
transaction PANW Common Stock Sale $64,286 -188 -0.45% $341.95 41,780 19 Aug 2024 Direct F1, F7
transaction PANW Common Stock Sale $87,867 -256 -0.61% $343.23 41,524 19 Aug 2024 Direct F1, F8
transaction PANW Common Stock Sale $2,406 -7 -0.02% $343.75 41,517 19 Aug 2024 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 22, 2023.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $335.85 to $336.57 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.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $336.91 to $337.00 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.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $338.31 to $339.04 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.
F5 This sale price represents the weighted average sale price of the shares sold ranging from $339.55 to $340.54 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.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $340.55 to $341.54 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.
F7 This sale price represents the weighted average sale price of the shares sold ranging from $341.55 to $342.54 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.
F8 This sale price represents the weighted average sale price of the shares sold ranging from $342.56 to $343.36 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.
F9 This sale price represents the weighted average sale price of the shares sold ranging from $343.65 to $343.93 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.