Palo Alto Networks Inc. planned insider sales
In the last twelve months insiders at Palo Alto Networks Inc. filed 32 Form 144 notices of planned sales, 1.1 million shares worth $357.4 million at the time of filing, from 14 sellers. The latest, filed 4 November 2026: William D Jenkins Jr. (officer), 19,037 shares worth $6.7 million, planned for around 4 November 2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.
| Filed | Seller | Relationship | Shares | Value | Planned sale | Sold, per Form 4 | Broker | How acquired | Filing |
|---|---|---|---|---|---|---|---|---|---|
| 4 November 2026 | William D Jenkins Jr. | Officer | 19,037 | $6.7 million | 4 November 2026 | 37,992 shares from 3 November 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Performance Stock Units | Form 144 |
| 3 November 2026 | William D Jenkins Jr. | Officer | 18,955 | $6.7 million | 3 November 2026 | 18,222 shares from 2 November 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Performance Stock Units | Form 144 |
| 2 November 2026 | William D Jenkins Jr. | Officer | 18,222 | $6.7 million | 2 November 2026 | None on Form 4 yet | Morgan Stanley Smith Barney LLC Executive Financial Services | Performance Stock Units | Form 144 |
| 13 October 2026 | Nikesh Arora | Officer | 500,000 | $201.4 million | 12 October 2026 | None on Form 4 yet | Wells Fargo Securities, LLC | Consideration from CyberArk acquisition; Open market purchase; Open market purchase pursuant to the terms set forth in the offer letter by and between the Issuer and the Reporting Person, dated 5/30/2018, that was filed as Exhibit 10.2 to the Current Report on Form 8-K filed by the Issuer with the SEC on 6/4/2018.; Vested RSU Shares | Form 144 |
| 9 October 2026 | Aparna Bawa | Affiliate | 250 | $99,625 | 9 October 2026 | 250 shares from 9 October 2026 | J.P. Morgan Securities LLC | Transfer | Form 144 |
| 8 October 2026 | Lee Klarich | Officer | 60,000 | $23.9 million | 8 October 2026 | None on Form 4 yet | Goldman Sachs & Co. LLC | Restricted Stock Units | Form 144 |
| 24 September 2026 | Aparna Bawa | Affiliate | 750 | $294,975 | 24 September 2026 | 260 shares from 24 September 2026 | J.P. Morgan Securities LLC | Transfer | Form 144 |
| 24 September 2026 | Dipak Golechha | Officer | 35,000 | $13.8 million | 24 September 2026 | 27,500 shares from 24 September 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | RSU/PSU | Form 144 |
| 17 September 2026 | Goetz 2025 Irr Childrens Trust | Director | 20,000 | $7.5 million | 17 September 2026 | None on Form 4 yet | Morgan Stanley Smith Barney LLC Executive Financial Services | Distribution from a Partnership | Form 144 |
| 15 September 2026 | Aparna Bawa | Affiliate | 500 | $186,970 | 15 September 2026 | 1,500 shares from 14 September 2026 | J.P. Morgan Securities LLC | Transfer | Form 144 |
| 14 September 2026 | Aparna Bawa | Affiliate | 1,000 | $330,650 | 14 September 2026 | None on Form 4 yet | J.P. Morgan Securities LLC | Transfer | Form 144 |
| 14 September 2026 | John Key | Director | 2,500 | $940,075 | 14 September 2026 | 2,500 shares from 14 September 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock | Form 144 |
| 25 August 2026 | Joshua Paul | Officer | 3,300 | $1.2 million | 25 August 2026 | 2,200 shares from 25 August 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
| 7 July 2026 | Helle Thorning-Schmidt | Director | 700 | $242,795 | 7 July 2026 | 700 shares from 7 July 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock | Form 144 |
| 12 June 2026 | John Key | Director | 7,500 | $2.1 million | 12 June 2026 | 7,500 shares from 12 June 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock | Form 144 |
| 12 June 2026 | Goetz 2025 Irr Children's Trust | Director | 20,000 | $5.6 million | 12 June 2026 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Distribution from a Partnership | Form 144 |
| 11 June 2026 | Aparna Bawa | Affiliate | 3,333 | $862,614 | 10 June 2026 | 2,735 shares from 10 June 2026 | J.P. Morgan Securities LLC | Restricted Stock Unit Vesting | Form 144 |
| 22 May 2026 | Lee Klarich | Officer | 62,904 | $16.4 million | 22 May 2026 | 62,904 shares from 22 May 2026 | Goldman Sachs & Co. LLC | Restricted Stock Units | Form 144 |
| 20 May 2026 | Joshua Paul | Officer | 2,400 | $576,312 | 20 May 2026 | 2,400 shares from 20 May 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
| 8 April 2026 | John Key | Director | 1,572 | $272,459 | 8 April 2026 | 1,572 shares from 8 April 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock | Form 144 |
| 7 April 2026 | Mary Pat McCarthy | Former Director | 11,776 | $2.0 million | 7 April 2026 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted stock vesting under a registered plan | Form 144 |
| 1 April 2026 | Dipak Golechha | Officer | 10,000 | $1.6 million | 1 April 2026 | 10,000 shares from 1 April 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Employee Stock Purchase Plan; PSU & RSU | Form 144 |
| 6 March 2026 | Goetz 2025 Irr Childrens Trust | Director | 22,684 | $3.7 million | 6 March 2026 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Distribution from a Partnership | Form 144 |
| 8 January 2026 | Lee Klarich | Officer | 120,768 | $23.0 million | 8 January 2026 | 120,768 shares from 8 January 2026 | Goldman Sachs & Co. LLC | Restricted Stock Units; Stock Options | Form 144 |
| 2 January 2026 | William D Jenkins Jr. | Officer | 904 | $166,517 | 2 January 2026 | 904 shares from 2 January 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Employee Stock Purchase Plan | Form 144 |
| 2 January 2026 | Joshua D Paul | Officer | 3,600 | $663,120 | 2 January 2026 | 3,600 shares from 2 January 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
| 29 December 2025 | William D Jenkins Jr. | Officer | 6,218 | $1.2 million | 26 December 2025 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
| 23 December 2025 | Dipak Golechha | Officer | 5,000 | $947,450 | 23 December 2025 | 5,000 shares from 23 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Performance Stock Units; Restricted Stock Units | Form 144 |
| 9 December 2025 | Goetz 1998 Ir CH TR | Director | 12,500 | $2.4 million | 9 December 2025 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Distribution from a Partnership | Form 144 |
| 8 December 2025 | Michael T Goetz Ttee Goetz 1998 Ir CH TR U/A Dtd04/24/1998 | Director | 12,500 | $2.4 million | 8 December 2025 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Distribution from a Partnership | Form 144 |
| 3 December 2025 | Lee Klarich | Officer | 120,774 | $23.4 million | 3 December 2025 | 120,774 shares from 3 December 2025 | Goldman Sachs & Co. LLC | Restricted Stock Units; Stock Options | Form 144 |
| 1 December 2025 | Joshua Paul | Officer | 700 | $133,091 | 1 December 2025 | 700 shares from 1 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
A Form 144 is the notice an insider files with the SEC before selling restricted or control shares over the Rule 144 thresholds; it says what may be sold, not what was.