Helle Thorning-Schmidt - 09 Dec 2025 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role: Director
Signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Helle Thorning-Schmidt
Issuer symbol: PANW
Transactions as of: 09 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Dec 2025, 17:30:04 UTC
Previous filing: 13 Mar 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Thorning-Schmidt Helle	Director	C/O PALO ALTO NETWORKS INC., 3000 TANNERY WAY, SANTA CLARA	/s/ Elizabeth Villalobos, Attorney-in-Fact for Helle Thorning-Schmidt	11 Dec 2025	0002055370

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PANW	Common Stock	Award	$0	+1,983	+38%	$0.000000	7,154	09 Dec 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.