Arora Nikesh sold PANW
September 23, 2025 · Form 4 insider transaction
Arora Nikesh sold 382,040 shares of Palo Alto Networks, Inc. at $203.09 per share, a transaction worth $77.59M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person that became effective June 24, 2025.; This sale price represents the weighted average sale price of the shares sold ranging from $202.28 to $203.275 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.