Nir Zuk - 01 Aug 2025 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Reporting relationship: EVP, Chief Technology Officer, Director
Issuer ticker: PANW
Reported as of: 01 Aug 2025
Net transaction value: -$17,280,450
SEC form: 4
Accepted by SEC: 05 Aug 2025, 16:30:05 UTC
Prior SEC filing: 03 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk

Key filing fact

Nir Zuk filed Form 4 for Palo Alto Networks Inc (PANW) on 05 Aug 2025.

Key facts

This page summarizes Nir Zuk's Form 4 filing for Palo Alto Networks Inc (PANW).
8 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 05 Aug 2025, 16:30.

Change

Previous filing in this sequence was filed on 03 Jul 2025.
Current net transaction value: -$17,280,450.

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

Reporting Owners (1)

CIK 0001250333 Primary reporting owner

ZUK NIR

Relationship: EVP, Chief Technology Officer, Director
Address: C/O PALO ALTO NETWORKS INC., 3000 TANNERY WAY, SANTA CLARA
Signature: /s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk
Signature date: 05 Aug 2025

Reported non-derivative transactions

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

PANW transaction

Common Stock

Sale

Transaction value: $1,302,162
Shares: -7,700
Change %: -0.24%
Price: $169.11
Shares after: 3,235,816
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F2

PANW transaction

Common Stock

Sale

Transaction value: $1,005,666
Shares: -5,923
Change %: -0.18%
Price: $169.79
Shares after: 3,229,893
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F3

PANW transaction

Common Stock

Sale

Transaction value: $1,266,806
Shares: -7,410
Change %: -0.23%
Price: $170.96
Shares after: 3,222,483
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F4

PANW transaction

Common Stock

Sale

Transaction value: $1,525,647
Shares: -8,867
Change %: -0.28%
Price: $172.06
Shares after: 3,213,616
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F5

PANW transaction

Common Stock

Sale

Transaction value: $5,421,589
Shares: -31,347
Change %: -0.98%
Price: $172.95
Shares after: 3,182,269
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F6

PANW transaction

Common Stock

Sale

Transaction value: $3,747,420
Shares: -21,553
Change %: -0.68%
Price: $173.87
Shares after: 3,160,716
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F7

PANW transaction

Common Stock

Sale

Transaction value: $2,414,020
Shares: -13,800
Change %: -0.44%
Price: $174.93
Shares after: 3,146,916
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F8

PANW transaction

Common Stock

Sale

Transaction value: $597,139
Shares: -3,400
Change %: -0.11%
Price: $175.63
Shares after: 3,143,516
Date: 01 Aug 2025
Ownership: Direct
Footnotes: F1, F9

^* 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 9 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 January 9, 2025.

Footnote F2

This sale price represents the weighted average sale price of the shares sold ranging from $168.44 to $169.42 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 $169.44 to $169.97 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 $170.44 to $171.42 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 $171.44 to $172.43 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 F6

This sale price represents the weighted average sale price of the shares sold ranging from $172.44 to $173.43 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 $173.44 to $174.41 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 $174.44 to $175.42 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 $175.44 to $175.89 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.