Palo Alto Networks (PANW)Director sold ~$130K

~$130K

Approx. value · 519 sh @ $251.20

298K

Holds after · shares reported

Traded

May 22, 2026

Filed

May 28, 2026

The story around this disclosure

Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.

1. Mar 13, 2026CongressDisclosed purchase of PANW — reported range $1,001 - $15,000
2. Mar 23, 2026Congress · 1 personMembers of Congress: 2 purchases
3. Mar 27, 20265% stakeThe Vanguard Group reported a passive stake (13G)
4. Mar 27, 2026Insider · First insider buy since May 2024CEO purchased ~$15K of PANW shares in the open market
5. Mar 27, 2026CongressDisclosed purchase of PANW — reported range $1,001 - $15,000
6. Mar 31, 2026CongressDisclosed purchase of PANW — reported range $1,001 - $15,000
7. Apr 1, 2026Insider · 2 peopleInsiders: 4 sales (~$980K)
8. Apr 8, 2026Company filing · Form 8-K · Material agreement, New debtSigned an important agreement, and took on new debt or obligations
9. Apr 8, 2026InsiderDirector sold ~$272K of PANW shares in the open market
10. Apr 14, 2026CongressDisclosed purchase of PANW — reported range $1,001 - $15,000
11. Apr 15, 2026Government · Federal Register noticeGranting of Requests for Early Termination of the Waiting Period Under the Premerger Notification Rules
12. Apr 30, 20265% stakeVanguard Capital Management reported a passive stake (13G) of 7.4%
13. May 14, 2026CongressDisclosed purchase of PANW — reported range $1,001 - $15,000
14. May 20, 2026InsiderOfficer sold ~$95K of PANW shares in the open market
15. May 22, 2026 · this disclosureInsiderDirector sold ~$130K of PANW shares in the open market

What came next

1. May 22, 2026Insider · 1 personInsiders: 11 sales (~$16.1M)
2. Jun 1, 2026InsiderOfficer sold ~$314K of PANW shares in the open market
3. Jun 2, 2026Company filing · Form 8-K · ResultsReported its results
4. Jun 10, 2026InsiderDirector sold ~$100K of PANW shares in the open market
5. Jun 11, 2026InsiderDirector sold ~$150K of PANW shares in the open market
6. Jun 12, 2026Insider · 3 peopleInsiders: 7 sales (~$7.8M)
7. Jun 22, 2026InsiderDirector sold ~$100K of PANW shares in the open market
8. Jun 23, 2026Insider · 1 personInsiders: 6 sales (~$1.4M)
9. Jun 29, 2026Insider · 1 personInsiders: 2 sales (~$201K)
10. Jul 1, 2026Insider · 2 peopleInsiders: 2 sales (~$412K)
11. Jul 7, 2026InsiderDirector sold ~$243K of PANW shares in the open market
12. Jul 10, 2026CongressDisclosed partial sale of PANW — reported range $1,001 - $15,000
13. Jul 16, 2026CongressDisclosed purchase of PANW — reported range $1,001 - $15,000
14. Jul 31, 2026CongressDisclosed partial sale of PANW — reported range $1,001 - $15,000
15. Aug 20, 2026Company filing · Form 8-K · Executive change, Bylaws or charterChanged a top executive or board member, and changed its bylaws, charter or fiscal year“On August 20, 2026, the Board of Directors (the “Board”) of Palo Alto Networks, Inc. (the “Company”), upon the recommendation of the Compensation and People Committee of the Board, approved an Executive Change in Control and Severance Policy (the “Policy”).”
16. Aug 25, 2026InsiderOfficer sold ~$318K of PANW shares in the open market
17. Sep 1, 2026Company filing · Form 8-K · ResultsReported its results
18. Sep 1, 2026InsiderOfficer sold ~$336K of PANW shares in the open market
19. Sep 14, 2026Insider · 2 peopleInsiders: 2 sales (~$1.3M)
20. Sep 15, 2026InsiderDirector sold ~$189K of PANW shares in the open market

How to read SEC Form 4

Form 4 is the filing that officers, directors and owners of more than 10% of a US-listed company must send to the SEC within two business days after they buy, sell or otherwise change their holding of the company's stock.

Full guide: What is an SEC Form 4?

What else is on file for Palo Alto Networks

For Palo Alto Networks, OQRO holds 36 insider filings (SEC Form 4 or Form 144), 4 Congress trade reports and 107 fund holdings reports (13F) dated in the last 90 days.

These are records OQRO holds, counted by their date, not a measure of how much trading took place. Routine paperwork such as option exercises and tax withholding is left out. Everything for the company is on its PANW page.

Other recent filings by Lee Klarich, EVP Chief Product & Tech Ofcr

• SEC Form 4 at Palo Alto Networks (PANW)May 28, 2026
• SEC Form 4 at Palo Alto Networks (PANW)May 28, 2026
• SEC Form 4 at Palo Alto Networks (PANW)May 28, 2026
• SEC Form 4 at Palo Alto Networks (PANW)May 28, 2026
• SEC Form 4 at Palo Alto Networks (PANW)May 28, 2026

The full history of Lee Klarich, EVP Chief Product & Tech Ofcr is on the profile page.

How this filing works

• SEC Form 4
• Open-market purchase
• Rule 10b5-1 trading plans

Other disclosures at Palo Alto Networks

• SEC Form 144Oct 9, 2026
• SEC Form 4Oct 9, 2026
• SEC Form 4Oct 9, 2026
• SEC Form 144Oct 8, 2026
• SEC Form 4Oct 5, 2026
• SEC Form 4Sep 29, 2026

Everything OQRO holds on this company is on its PANW page.