Mark D. McLaughlin - 08 Sep 2021 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Reporting relationship: Director
Issuer ticker: PANW
Reported as of: 08 Sep 2021
Net transaction value: -$690,052
SEC form: 4
Accepted by SEC: 09 Sep 2021, 18:06:08 UTC
Prior SEC filing: 03 Aug 2021
Next SEC filing: 01 Oct 2021
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Mark D. McLaughlin

Key filing fact

Mark D. McLaughlin filed Form 4 for Palo Alto Networks Inc (PANW) on 09 Sep 2021.

Key facts

This page summarizes Mark D. McLaughlin's Form 4 filing for Palo Alto Networks Inc (PANW).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 09 Sep 2021, 18:06.

Change

Previous filing in this sequence was filed on 03 Aug 2021.
Current net transaction value: -$690,052.

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: $478,942
Shares: -1,042
Change %: -17%
Price: $459.64
Shares after: 4,958
Date: 08 Sep 2021
Ownership: See footnote
Footnotes: F1, F2, F3

PANW transaction

Common Stock

Sale

Transaction value: $155,259
Shares: -337
Change %: -6.8%
Price: $460.71
Shares after: 4,621
Date: 08 Sep 2021
Ownership: See footnote
Footnotes: F1, F3, F4

PANW transaction

Common Stock

Sale

Transaction value: $55,851
Shares: -121
Change %: -2.6%
Price: $461.58
Shares after: 4,500
Date: 08 Sep 2021
Ownership: See footnote
Footnotes: F1, F3, F5

PANW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 48,380
Date: 08 Sep 2021
Ownership: See footnote
Footnotes: F6

PANW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 53,951
Date: 08 Sep 2021
Ownership: Direct
Footnotes: F7

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 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.

Footnote F2

This sale price represents the weighted average sale price of the shares sold ranging from $459.345 to $460.29 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

Shares are held by the McLaughlin 2020 Dynasty LLC for the benefit of the Reporting Person's children, for which the Reporting Person serves as a Manager.

Footnote F4

This sale price represents the weighted average sale price of the shares sold ranging from $460.37 to $460.91 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 $461.415 to $461.615 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

Shares are held by The McLaughlin Revocable Living Trust, for which the Reporting Person serves as a trustee.

Footnote F7

Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.