Nikesh Arora, Chief Executive Officer at Palo Alto Networks Inc (PANW), sold 602,880 shares at $305.70 ($184.3M) on 2023-12-12, disclosed to the SEC on 2023-12-13.
Scheduled sale ($184.3M) by Chief Executive Officer under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $300.01 | 5,240 | $1.6M | 0.9% |
| 2 | $300.01 | 5,240 | $1.6M | 0.9% |
| 3 | $300.44 | 6,830 | $2.1M | 1.1% |
| 4 | $300.44 | 6,830 | $2.1M | 1.1% |
| 5 | $301.47 | 7,600 | $2.3M | 1.2% |
| 6 | $302.55 | 10,564 |
| $3.2M |
| 1.7% |
| 7 | $302.55 | 10,564 | $3.2M | 1.7% |
| 8 | $303.57 | 12,190 | $3.7M | 2.0% |
| 9 | $303.57 | 12,190 | $3.7M | 2.0% |
| 10 | $304.59 | 8,910 | $2.7M | 1.5% |
| 11 | $304.59 | 8,910 | $2.7M | 1.5% |
| 12 | $305.70 | 91,979 | $28.1M | 15.3% |
| 13 | $305.70 | 91,979 | $28.1M | 15.3% |
| 14 | $306.40 | 104,498 | $32.0M | 17.4% |
| 15 | $306.40 | 104,498 | $32.0M | 17.4% |
| 16 | $307.32 | 57,429 | $17.6M | 9.6% |
| 17 | $307.32 | 57,429 | $17.6M | 9.6% |
| Total | $305.75 avg | 602,880 | $184.3M | 100% |
| Filing → |
| PANW | SELL | 2025-04-03 | $266.7M | — | Filing → |
| PANW | SELL | 2025-03-07 | $25.4M | — | Filing → |
| PANW | SELL | 2025-03-05 | $257.4M | — | Filing → |