Palo Alto Networks, Inc.

PANWNASDAQTechnology● Active

$269.75

$-2.30(-0.85%)

Market Cap$183.8B

P/E Ratio—

52W High$302.95

52W Low$139.57

Avg Volume8.3M

Open$269.63

Beta0.94

Insider Trades Ownership Employees

Palo Alto Networks, Inc. (PANW) Insider Trading

Form 4 buy vs sell counts, ratio, and sentiment — switch this quarter or last 12 months; chart and transactions below.

SEC EDGAR · FMP · PANW · as of Jun 8, 2026

Activity summary

Buy transactions

P-Purchase only

Sell transactions

103

12 Months

Buy/Sell ratio

0.02

Buy/Sell (by trades)

Overall sentiment

BEARISH

↑ Buy 2%Active transactions only · RSU vesting excluded98% Sell ↓

Palo Alto Networks, Inc. insiders have been primarily selling shares over the past 12 Months. Selling activity is often driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment toward the company.

▸ Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · Buy = P-Purchase only · Sell = S-Sale only

As of Jun 8, 2026

PANW insider buying and selling by quarter

PANW insider selling · PANW insider buying stocks · quarterly insider activity

Total insider buying (incl. awards)Total insider selling

5.4M2.7M0

2024 Q3

2024 Q4

2025 Q1

2025 Q2

2025 Q3

2025 Q4

2026 Q1

2026 Q2

Mobile shows last 4Q · Desktop shows full 8Q

▸ Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · last 8 quarters

As of Jun 8, 2026

Active insiders

Most active in past 12 months · PANW ceo insider trading

Showing all insiders · Click a card to filter the transactions table below

▸ Aggregated from reportingName · top 5 by trade count (12M) · no extra API

Recent insider transactions

PANW executive sell shares · PANW board member insider trading · PANW insider trading SEC filing

Showing 92 most recent · Common Stock · Form 4 only

Scroll horizontally to see all columns

Date	Insider	Type	Shares	Price	Value	After trans.	Filing
Jun 1, 2026	Paul Josh D. CAO	Sale	1,100	$285.08	$314K	81,636	Form 4
Jun 1, 2026	Thorning-Schmidt Helle Director	Other	211	$281.69	$59K	6,598	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	543	$250.03	$136K	298,344	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	519	$251.20	$130K	297,825	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	582	$251.94	$147K	297,243	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	320	$253.25	$81K	296,923	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	4,205	$254.85	$1.07M⚡	292,718	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	4,694	$255.58	$1.20M⚡	288,024	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	2,875	$256.60	$738K	285,149	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	2,897	$257.63	$746K	282,252	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	10,414	$258.70	$2.69M⚡	271,838	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	18,067	$259.62	$4.69M⚡	253,771	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	16,865	$260.62	$4.40M⚡	236,906	Form 4
May 22, 2026	Klarich Lee EVP Chief Product & Tech Ofcr · Director	Sale	923	$261.25	$241K	235,983	Form 4
May 20, 2026	Paul Josh D. CAO	Sale	400	$236.95	$95K	82,736	Form 4
Feb 12, 2026	Bawa Aparna Director	Award	24	—	—	2,184	Form 4
Apr 8, 2026	Key John P. Director	Sale	1,572	$173.32	$272K	20,000	Form 4
Apr 1, 2026	Paul Josh D. CAO	Other	947	$160.32	$152K	84,236	Form 4
Apr 1, 2026	Paul Josh D. CAO	Sale	1,100	$161.40	$178K	83,136	Form 4
Apr 1, 2026	Golechha Dipak EVP, Chief Financial Officer	Sale	200	$157.81	$32K	155,050	Form 4
Apr 1, 2026	Golechha Dipak EVP, Chief Financial Officer	Sale	1,300	$160.04	$208K	153,750	Form 4
Apr 1, 2026	Golechha Dipak EVP, Chief Financial Officer	Sale	3,500	$160.70	$562K	150,250	Form 4
Mar 27, 2026	Arora Nikesh CEO · Director	Purchase	100	$147.48	$15K	343,394	Form 4
Mar 27, 2026	Arora Nikesh CEO · Director	Purchase	67,985	$146.87	$9.99M⚡	343,294	Form 4
Mar 10, 2026	Paul Josh D. CAO	Award	26,369	—	—	85,183	Form 4

Paul Josh D.

CAO

Sale

Date

Jun 1

1,100

Price

$285.08

Value

$314K

View Form 4 on SEC.gov

Thorning-Schmidt Helle

Director

Other

Date

Jun 1

211

Price

$281.69

Value

$59K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

543

Price

$250.03

Value

$136K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

519

Price

$251.20

Value

$130K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

582

Price

$251.94

Value

$147K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

320

Price

$253.25

Value

$81K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

4,205

Price

$254.85

Value

$1.07M ⚡

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

4,694

Price

$255.58

Value

$1.20M ⚡

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

2,875

Price

$256.60

Value

$738K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

2,897

Price

$257.63

Value

$746K

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

10,414

Price

$258.70

Value

$2.69M ⚡

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

18,067

Price

$259.62

Value

$4.69M ⚡

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

16,865

Price

$260.62

Value

$4.40M ⚡

View Form 4 on SEC.gov

Klarich Lee

EVP Chief Product & Tech Ofcr · Director

Sale

Date

May 22

923

Price

$261.25

Value

$241K

View Form 4 on SEC.gov

Paul Josh D.

CAO

Sale

Date

May 20

400

Price

$236.95

Value

$95K

View Form 4 on SEC.gov

Bawa Aparna

Director

Award

Date

Feb 12

Price

—

Value

—

View Form 4 on SEC.gov

Key John P.

Director

Sale

Date

Apr 8

1,572

Price

$173.32

Value

$272K

View Form 4 on SEC.gov

Paul Josh D.

CAO

Other

Date

Apr 1

947

Price

$160.32

Value

$152K

View Form 4 on SEC.gov

Paul Josh D.

CAO

Sale

Date

Apr 1

1,100

Price

$161.40

Value

$178K

View Form 4 on SEC.gov

Golechha Dipak

EVP, Chief Financial Officer

Sale

Date

Apr 1

200

Price

$157.81

Value

$32K

View Form 4 on SEC.gov

Golechha Dipak

EVP, Chief Financial Officer

Sale

Date

Apr 1

1,300

Price

$160.04

Value

$208K

View Form 4 on SEC.gov

Golechha Dipak

EVP, Chief Financial Officer

Sale

Date

Apr 1

3,500

Price

$160.70

Value

$562K

View Form 4 on SEC.gov

Arora Nikesh

CEO · Director

Purchase

Date

Mar 27

100

Price

$147.48

Value

$15K

View Form 4 on SEC.gov

Arora Nikesh

CEO · Director

Purchase

Date

Mar 27

67,985

Price

$146.87

Value

$9.99M ⚡

View Form 4 on SEC.gov

Paul Josh D.

CAO

Award

Date

Mar 10

26,369

Price

—

Value

—

View Form 4 on SEC.gov

⚡ = value ≥ $1M · Award/Option price shows — · formType=4 · securityName=Common Stock · url → sec.gov/Archives/edgar

1 / 4

▸ Source: SEC EDGAR · Form 4 filings · ⚡ = value ≥ $1M · Award/Option price shows —

About PANW insider trading

PANW insider trades

Palo Alto Networks, Inc. (PANW) insider trading data is sourced from SEC Form 4 filings submitted by corporate insiders, including Klarich Lee (EVP Chief Product & Tech Ofcr · Director), Paul Josh D. (CAO), Golechha Dipak (EVP, Chief Financial Officer). Over the past 12 months, 5 insiders have filed transactions with the SEC. PANW insiders have been primarily selling, which may reflect pre-scheduled Rule 10b5-1 plan executions.

For Palo Alto Networks, Inc.'s institutional ownership breakdown and insider ownership percentage, see the Ownership tab → Ownership tab →

Buy/Sell signal logic

acquisitionOrDisposition field:

A = Acquisition (buy) · D = Disposition (sell)

RSU vesting (M-Exempt) excluded from sentiment

Form 4SEC filing required within 2 business days of any insider transaction

10b5-1Pre-scheduled trading plan that allows insiders to sell on autopilot

Open MktDirect purchase or sale on the open market (excludes awards, options)

Ownership SEC filings Financial statements Price history Forecast & ratings Earnings

Frequently asked questions

PANW insider trading · 5 questions

The insiders of Palo Alto Networks, Inc. (PANW) include executives and directors such as Klarich Lee (EVP Chief Product & Tech Ofcr · Director), Paul Josh D. (CAO), Golechha Dipak (EVP, Chief Financial Officer), among others. Over the past 12 months, 5 insiders have filed Form 4 transactions with the SEC. Insider transactions are required to be reported within 2 business days of the trade date.

PANW board member insider tradingwho are PANW insidersPANW insider rosterPalo Alto Networks, Inc. executives insider activity

▸ Source: FMP /stable/insider-trading/search · SEC EDGAR Form 3 & 4 · acquisitionOrDisposition A=Buy, D=Sell · RSU vesting (M-Exempt) excluded from sentiment bar · As of Jun 8, 2026