[Form 4] Palo Alto Networks, Inc. Insider Trading Activity
Nir Zuk, EVP, Chief Technology Officer and director of Palo Alto Networks (PANW), reported the sale of 100,000 shares of common stock in multiple tranches on 08/01/2025. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on January 9, 2025. Reported tranche prices ranged approximately from $168.44 to $175.89 per share, with weighted-average prices disclosed by tranche. Following these disposals the reporting person beneficially owned 3,143,516 shares, and the Form 4 shows stepwise post-transaction holdings from 3,235,816 down to 3,143,516. No derivative securities were reported on this Form 4.
Nir Zuk, EVP, Chief Technology Officer e membro del consiglio di Palo Alto Networks (PANW), ha venduto 100,000 azioni ordinarie in più tranche il 08/01/2025. Le operazioni sono state effettuate ai sensi di un piano di negoziazione ai sensi della Regola 10b5-1 adottato il 9 gennaio 2025. I prezzi delle tranche riportati variavano approssimativamente da $168.44 a $175.89 per azione, con prezzi medi ponderati indicati per ciascuna tranche. Dopo queste cessioni la persona segnalante deteneva beneficiariamente 3,143,516 azioni; il Form 4 mostra una riduzione graduale delle partecipazioni da 3,235,816 a 3,143,516. Sul Form 4 non risultano strumenti derivati segnalati.
Nir Zuk, EVP, director de tecnología y miembro del consejo de Palo Alto Networks (PANW), informó la venta de 100,000 acciones ordinarias en varias tramos el 08/01/2025. Las transacciones se realizaron conforme a un plan de negociación según la Regla 10b5-1 adoptado el 9 de enero de 2025. Los precios informados por tramo oscilaron aproximadamente entre $168.44 y $175.89 por acción, con precios promedio ponderados divulgados por tramo. Tras estas disposiciones, la persona informante poseía beneficiariamente 3,143,516 acciones, y el Form 4 muestra la tenencia escalonada descendente de 3,235,816 hasta 3,143,516. No se informaron valores derivados en este Form 4.
Nir Zuk는 Palo Alto Networks(PANW)의 EVP 겸 최고기술책임자이자 이사로서 08/01/2025에 여러 차례에 걸쳐 100,000주의 보통주를 매각했다고 보고했습니다. 해당 거래는 Rule 10b5-1 거래 계획에 따라 2025년 1월 9일에 채택된 계획에 따라 이루어졌습니다. 보고된 트랜치 가격은 주당 약 $168.44 ~ $175.89 범위였으며, 각 트랜치별 가중평균 가격이 공개되었습니다. 이 매각 이후 보고인은 3,143,516주를 수익적으로 보유하고 있었으며, Form 4에는 보유량이 3,235,816에서 3,143,516로 단계적으로 감소한 내역이 기재되어 있습니다. 이 Form 4에는 파생증권이 보고되지 않았습니다.
Nir Zuk, EVP, directeur technique et administrateur de Palo Alto Networks (PANW), a déclaré la vente de 100,000 actions ordinaires en plusieurs tranches le 08/01/2025. Les transactions ont été effectuées en vertu d’un plan de négociation au titre de la règle 10b5-1 adopté le 9 janvier 2025. Les prix rapportés par tranche variaient approximativement de $168.44 à $175.89 par action, avec les prix moyens pondérés divulgués par tranche. Après ces cessions, la personne déclarant détenait à titre bénéficiaire 3,143,516 actions, et le Form 4 montre des avoirs étape par étape de 3,235,816 à 3,143,516. Aucun instrument dérivé n’a été déclaré sur ce Form 4.
Nir Zuk, EVP, Chief Technology Officer und Direktor von Palo Alto Networks (PANW), meldete am 08/01/2025 den Verkauf von 100,000 Stammaktien in mehreren Tranchen. Die Transaktionen erfolgten gemäß einem Handelsplan nach Regel 10b5-1, der am 9. Januar 2025 angenommen wurde. Die gemeldeten Tranchepreise lagen ungefähr zwischen $168.44 und $175.89 pro Aktie, wobei für jede Tranche gewichtete Durchschnittspreise angegeben wurden. Nach diesen Verkäufen hielt die meldende Person wirtschaftlich 3,143,516 Aktien; das Form 4 zeigt stufenweise Bestände von 3,235,816 bis 3,143,516. In diesem Form 4 wurden keine derivativen Wertpapiere gemeldet.
- Transactions disclosed under a Rule 10b5-1 plan, adopted on January 9, 2025, indicating prearranged sales procedures
- Complete post-transaction ownership disclosed: reporting person beneficially owns 3,143,516 shares following the sales
- Insider sold a total of 100,000 shares in multiple tranches on 08/01/2025
- Sales executed across price bands roughly from $168.44 to $175.89 per share, which may be notable given the tranche sizes
Insights
TL;DR Insider sold 100,000 PANW shares under a prearranged 10b5-1 plan; disclosure provides tranche-level weighted-average prices.
The Form 4 documents routine, preplanned disposals by a senior executive and director totaling 100,000 shares executed on 08/01/2025. The filing lists weighted-average price ranges for each tranche (approximately $168.44–$175.89), and shows the reporting person retains 3,143,516 shares after the transactions. From an analytic perspective, the filing is a clear compliance disclosure of sales rather than a new operational or financial development; the material data points for investors are the quantity sold and the price bands reported.
TL;DR Sales were executed under a documented 10b5-1 plan adopted January 9, 2025, and were fully disclosed on Form 4.
The disclosure identifies the reporting person as both a director and an officer and confirms the trades were effected pursuant to a 10b5-1 plan, which establishes an affirmative defense for prearranged trades. The Form 4 provides tranche-specific weighted-average sale price ranges and post-sale beneficial ownership figures, enabling transparency about the insider’s executed dispositions. No derivative positions are reported, simplifying the governance assessment.
Nir Zuk, EVP, Chief Technology Officer e membro del consiglio di Palo Alto Networks (PANW), ha venduto 100,000 azioni ordinarie in più tranche il 08/01/2025. Le operazioni sono state effettuate ai sensi di un piano di negoziazione ai sensi della Regola 10b5-1 adottato il 9 gennaio 2025. I prezzi delle tranche riportati variavano approssimativamente da $168.44 a $175.89 per azione, con prezzi medi ponderati indicati per ciascuna tranche. Dopo queste cessioni la persona segnalante deteneva beneficiariamente 3,143,516 azioni; il Form 4 mostra una riduzione graduale delle partecipazioni da 3,235,816 a 3,143,516. Sul Form 4 non risultano strumenti derivati segnalati.
Nir Zuk, EVP, director de tecnología y miembro del consejo de Palo Alto Networks (PANW), informó la venta de 100,000 acciones ordinarias en varias tramos el 08/01/2025. Las transacciones se realizaron conforme a un plan de negociación según la Regla 10b5-1 adoptado el 9 de enero de 2025. Los precios informados por tramo oscilaron aproximadamente entre $168.44 y $175.89 por acción, con precios promedio ponderados divulgados por tramo. Tras estas disposiciones, la persona informante poseía beneficiariamente 3,143,516 acciones, y el Form 4 muestra la tenencia escalonada descendente de 3,235,816 hasta 3,143,516. No se informaron valores derivados en este Form 4.
Nir Zuk는 Palo Alto Networks(PANW)의 EVP 겸 최고기술책임자이자 이사로서 08/01/2025에 여러 차례에 걸쳐 100,000주의 보통주를 매각했다고 보고했습니다. 해당 거래는 Rule 10b5-1 거래 계획에 따라 2025년 1월 9일에 채택된 계획에 따라 이루어졌습니다. 보고된 트랜치 가격은 주당 약 $168.44 ~ $175.89 범위였으며, 각 트랜치별 가중평균 가격이 공개되었습니다. 이 매각 이후 보고인은 3,143,516주를 수익적으로 보유하고 있었으며, Form 4에는 보유량이 3,235,816에서 3,143,516로 단계적으로 감소한 내역이 기재되어 있습니다. 이 Form 4에는 파생증권이 보고되지 않았습니다.
Nir Zuk, EVP, directeur technique et administrateur de Palo Alto Networks (PANW), a déclaré la vente de 100,000 actions ordinaires en plusieurs tranches le 08/01/2025. Les transactions ont été effectuées en vertu d’un plan de négociation au titre de la règle 10b5-1 adopté le 9 janvier 2025. Les prix rapportés par tranche variaient approximativement de $168.44 à $175.89 par action, avec les prix moyens pondérés divulgués par tranche. Après ces cessions, la personne déclarant détenait à titre bénéficiaire 3,143,516 actions, et le Form 4 montre des avoirs étape par étape de 3,235,816 à 3,143,516. Aucun instrument dérivé n’a été déclaré sur ce Form 4.
Nir Zuk, EVP, Chief Technology Officer und Direktor von Palo Alto Networks (PANW), meldete am 08/01/2025 den Verkauf von 100,000 Stammaktien in mehreren Tranchen. Die Transaktionen erfolgten gemäß einem Handelsplan nach Regel 10b5-1, der am 9. Januar 2025 angenommen wurde. Die gemeldeten Tranchepreise lagen ungefähr zwischen $168.44 und $175.89 pro Aktie, wobei für jede Tranche gewichtete Durchschnittspreise angegeben wurden. Nach diesen Verkäufen hielt die meldende Person wirtschaftlich 3,143,516 Aktien; das Form 4 zeigt stufenweise Bestände von 3,235,816 bis 3,143,516. In diesem Form 4 wurden keine derivativen Wertpapiere gemeldet.
FAQ
What did Nir Zuk report on his PANW Form 4?
How many PANW shares does Nir Zuk own after the reported sales?
Were the sales prearranged under a trading plan?
What price ranges were reported for the PANW share sales?
Are any derivative transactions reported for PANW by the reporting person?
