Insider trade

CFO sold ~$40K of PANW shares in the open market

Traded Sep 24, 2026 · Filed Sep 29, 2026

~$40K
Reported value · 100 sh @ $396.21: 118K
Holds after · shares reported: +1.6%
stock since the trade · S&P 500 -0.4%, $389.92 → $396.25 on Oct 1

Why it stands out

The money chief of Palo Alto Networks sold $40K 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

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Sep 24, 2026
Reporting period: Not applicable
Filed with the SEC: Sep 29, 2026

CFO$25K–$100KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$39,621

Shares × reported transaction price

Timing vs results

23 days after results of Sep 1, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $389.92 on Sep 24, 2026, within 2% of its 52-week high, little changed over the previous 30 trading days

52-week range $141.67 (Feb 24, 2026) to $396.00 (Aug 13, 2026), 98% of the way up, from 251 adjusted closes. 30 trading days earlier: $387.01 on Aug 12, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

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