Nikesh Arora, Chief Executive Officer at Palo Alto Networks Inc (PANW), sold 418,304 shares at $267.06 ($112.1M) on 2023-11-27, disclosed to the SEC on 2023-11-28.
Scheduled sale ($112.1M) 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 | $266.15 | 30,678 | $8.2M | 7.3% |
| 2 | $266.15 | 30,678 | $8.2M | 7.3% |
| 3 | $267.06 | 46,418 | $12.4M | 11.1% |
| 4 | $267.06 | 46,418 | $12.4M | 11.1% |
| 5 | $267.90 | 53,580 | $14.4M | 12.8% |
| 6 | $267.90 | 53,580 |
| $14.4M |
| 12.8% |
| 7 | $268.94 | 64,466 | $17.3M | 15.5% |
| 8 | $268.94 | 64,466 | $17.3M | 15.5% |
| 9 | $269.62 | 14,010 | $3.8M | 3.4% |
| 10 | $269.62 | 14,010 | $3.8M | 3.4% |
| Total | $267.89 avg | 418,304 | $112.1M | 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 → |