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

Role: Director
Signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Mark D. McLaughlin
Issuer symbol: PANW
Transactions as of: 08 Sep 2021
Net transactions value: -$690,052
Form type: 4
Filing time: 09 Sep 2021, 18:06:08 UTC
Previous filing: 03 Aug 2021
Next filing: 01 Oct 2021
SEC: View on sec.gov

Quoteable Key Fact

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

Quick Takeaways

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.
Filing timestamp: 09 Sep 2021, 18:06.

What Changed

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

Why This Matters

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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

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

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

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.
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.
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.
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.
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.
F6	Shares are held by The McLaughlin Revocable Living Trust, for which the Reporting Person serves as a trustee.
F7	Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.