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 OwnershipAll the details
Dates, kept separate
Transaction date
Jun 30, 2026
Reporting period
Not applicable
Filed with the SEC
Jul 3, 2026
CEOOther
Context
Classification
other
Code I — not an open-market trade
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001468233-26-000009
Filed / recorded
Jul 3, 2026, 5:00 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
Nikesh Arora
Relationship
Director, Officer
Officer title
Chief Executive Officer
Security
Phantom Stock
Table
Derivative (Table II)
Transaction date
Jun 30, 2026
Transaction code
I
Shares / units
865,090
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
2,093,369
Ownership form
Direct
Amendment
No
Footnotes from the filing
Pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "DCP"), each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer.
This transaction does not constitute an open market sale of shares. This disposition reflects the Reporting Person's election to change the investment allocation within the DCP, which is an internal reallocation permitted under the terms of the DCP and exempt from Section 16(b) pursuant to Rule 16b-3(f). All distributions will be made in shares of the Issuer's common stock, and a portion will be released on or about February 2028 and another portion will be released on or about February 2036. Following this transaction, the Reporting Person maintains a significant equity position in the Issuer, including the shares of phantom stock held in the DCP reported herein and 726,542 shares of common stock.
Congress trade