Filing Details

Accession Number:
0001209191-23-056253
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-21 16:22:26
Reporting Period:
2023-11-20
Accepted Time:
2023-11-21 16:22:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1327567 Palo Alto Networks Inc PANW Computer Peripheral Equipment, Nec (3577) 202530195
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1590423 Jr D William Jenkins C/O Palo Alto Networks Inc.
3000 Tannery Way
Santa Clara CA 95054
President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-11-20 200 $250.27 37,152 No 4 S Direct
Common Stock Disposition 2023-11-20 100 $252.27 37,052 No 4 S Direct
Common Stock Disposition 2023-11-20 100 $253.50 36,952 No 4 S Direct
Common Stock Disposition 2023-11-20 200 $254.72 36,752 No 4 S Direct
Common Stock Disposition 2023-11-20 139 $256.08 36,613 No 4 S Direct
Common Stock Disposition 2023-11-20 500 $258.59 36,113 No 4 S Direct
Common Stock Disposition 2023-11-20 681 $260.14 35,432 No 4 S Direct
Common Stock Disposition 2023-11-20 100 $261.08 35,332 No 4 S Direct
Common Stock Disposition 2023-11-20 3,825 $0.00 31,507 No 4 D Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 D Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Phantom Stock Acquisiton 2023-11-20 3,825 $0.00 3,825 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
136,413 No 4 A Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2023.
  2. This sale price represents the weighted average sale price of the shares sold ranging from $250.05 to $250.49 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.
  3. This sale price represents the weighted average sale price of the shares sold ranging from $254.62 to $254.81 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.
  4. This sale price represents the weighted average sale price of the shares sold ranging from $255.67 to $256.24 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.
  5. This sale price represents the weighted average sale price of the shares sold ranging from $258.21 to $259.15 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.
  6. This sale price represents the weighted average sale price of the shares sold ranging from $259.71 to $260.56 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.
  7. In connection with the vesting of restricted stock units, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").
  8. Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. The common stock shares will be released on or about January 31, 2027.