Traded Jan 8, 2026 · Filed Jan 13, 2026
A board member of Palo Alto Networks sold $8.81M of Palo Alto Networks shares. It was planned long ago, so it says very little.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
open market sale
Code S — open-market or private sale
~$8,808,445
Shares × reported transaction price
50 days after results of Nov 19, 2025, 40 days before results of Feb 17, 2026
Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results
Closed at $190.80 on Jan 8, 2026, 25% above its 52-week low and 14% below its high, after a 4% rise over the previous 30 trading days
52-week range $152.44 (Apr 7, 2025) to $221.38 (Oct 28, 2025), 56% of the way up, from 250 adjusted closes. 30 trading days earlier: $183.89 on Nov 24, 2025. Describes the past only, not a forecast
Footnote references a pre-arranged trading plan (Rule 10b5-1)
Only flagged when a footnote says so; never inferred
A securities lawsuit naming the company as a defendant was filed on Apr 25, 2024 in the U.S. District Court, N.D. California. A filing is an allegation, not a finding.
Schwarz v. Palo Alto Networks, Inc., docket 3:24-cv-02492, via CourtListener (court records). Nature of suit 850, company named as first defendant
| After | Stock | S&P 500 | Difference |
|---|---|---|---|
| 7 days | -3.6% | -2.3% | -1.2% |
| 30 days | -14.7% | -1.8% | -12.9% |
| 90 days | -14.8% | -1.1% | -13.7% |
| 180 days | +73.1% | +8.0% | +65.1% |
Past results only. Not a forecast.
Compensation award — excluded from discretionary-purchase analysis.
4 different filers disclosed PANW within 90 days. Disclosed 35 days after the transaction; reported as an official range, not an exact amount.
Derivative exercise or conversion — not an open-market buy.
Congress trade