Insider trade

CFO sold ~$3.73M of PANW shares in the open market

Traded Sep 24, 2026 · Filed Sep 29, 2026

~$3.73M
Reported value · 9,539 sh @ $390.655: 133K
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 $3.73M 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$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$3,726,458

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

Source receipt

Record ID: 0001852540-26-000007
Filed / recorded: Sep 29, 2026, 12:30 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Palo Alto Networks Inc
Issuer CIK: 1327567
Ticker: PANW
Reporting person: Dipak Golechha
Relationship: Officer
Officer title: EVP, Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Sep 24, 2026
Transaction code: S
Shares / units: 9,539
Price per share: $390.655
Acquired / disposed: Disposed (D)
Shares owned after: 132,651
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 25, 2026.
This sale price represents the weighted average sale price of the shares sold ranging from 390.16 to 391.13 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.