PANW Palo Alto Networks, Inc.

NASDAQ
$330.65

Palo Alto Networks, Inc. (PANW) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

30D 90D 6M 1Y
Insider signal In line Selling ran in line with PANW's own trailing one-year pace, with 94% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 4 sellers in the last 90 days
Insiders buying
1
2 transactions
Insiders selling
9
92 transactions
Purchases
$10.0M
68,085 shares
Sales
$312.4M
1,508,715 shares
Net activity
-$302.4M
purchases less sales

How much of that selling was preplanned? 94% planned / 6% discretionary

10b5-1 plan sales $294.6M 69 transactions · 1,427,424 shares
Discretionary sales $17.8M 23 transactions · 81,291 shares

Largest single sale: $77.6M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: March 27, 2026 , by Arora Nikesh .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Paul Josh D. Chief Accounting Officer Sell 10b5-1 900 $353.77 $318.4K 73,354 −1.2% of holding
Thorning-Schmidt Helle Director Sell 700 $346.85 $242.8K 5,898 −10.6% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 900 $345.00 $310.5K 79,644 −1.1% of holding
Bawa Aparna Director Sell 290 $348.74 $101.1K 6,437 −4.3% of holding
Bawa Aparna 2 fills Director Sell 632 $318.67 $201.4K 7,032 −8.2% of holding
Golechha Dipak 6 fills EVP, Chief Financial Officer Sell 10b5-1 5,000 $289.56 $1.4M 149,950 −3.2% of holding
Bawa Aparna Director Sell 345 $290.17 $100.1K 7,359 −4.5% of holding
GOETZ JAMES J 5 fills Director Sell 20,000 $279.90 $5.6M 38,600 −34.1% of holding
Key John P. Director Sell 7,500 $279.24 $2.1M 12,500 −37.5% of holding
Bawa Aparna Director Sell 536 $280.00 $150.1K 7,704 −6.5% of holding
Bawa Aparna Director Sell 555 $270.00 $149.9K 8,240 −6.3% of holding
Bawa Aparna Director Sell 377 $265.00 $99.9K 8,795 −4.1% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 1,100 $285.08 $313.6K 81,636 −1.3% of holding
Klarich Lee 12 fills EVP Chief Product & Tech Ofcr Sell 10b5-1 62,904 $258.65 $16.3M 298,344 −17.4% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 400 $236.95 $94.8K 82,736 −0.5% of holding
Key John P. Director Sell 1,572 $173.32 $272.5K 20,000 −7.3% of holding
Golechha Dipak 3 fills EVP, Chief Financial Officer Sell 10b5-1 5,000 $160.42 $802.1K 155,050 −3.1% of holding
Paul Josh D. Chief Accounting Officer Sell 1,100 $161.40 $177.5K 83,136 −1.3% of holding
Arora Nikesh 2 fills Chief Executive Officer Buy 68,085 $146.87 $10.0M 343,394
GOETZ JAMES J 2 fills Director Sell 22,684 $164.41 $3.7M 66,684 −25.4% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 1,700 $147.90 $251.4K 58,814 −2.8% of holding
Klarich Lee 5 fills EVP Chief Product & Tech Ofcr Sell 10b5-1 120,768 $191.03 $23.1M 407,035 −22.9% of holding
Jenkins William D Jr President Sell 10b5-1 904 $184.81 $167.1K 148,217 −0.6% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 800 $184.81 $147.8K 46,005 −1.7% of holding
Jenkins William D Jr 2 fills President Sell 10b5-1 6,218 $188.07 $1.2M 150,892 −4% of holding
Golechha Dipak EVP, Chief Financial Officer Sell 10b5-1 5,000 $188.18 $940.9K 155,119 −3.1% of holding
GOETZ JAMES J 3 fills Director Sell 12,500 $195.07 $2.4M 66,954 −15.7% of holding
GOETZ JAMES J 2 fills Director Sell 12,500 $195.33 $2.4M 75,612 −14.2% of holding
Klarich Lee 7 fills EVP Chief Product & Tech Ofcr Sell 10b5-1 120,774 $191.91 $23.2M 446,282 −21.3% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 700 $189.39 $132.6K 46,805 −1.5% of holding
Klarich Lee 6 fills EVP Chief Product & Tech Ofcr Sell 10b5-1 120,774 $217.94 $26.3M 468,812 −20.5% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 700 $219.97 $154.0K 47,505 −1.5% of holding
Klarich Lee 5 fills EVP Chief Product & Tech Ofcr Sell 10b5-1 120,774 $211.92 $25.6M 262,166 −31.5% of holding
Paul Josh D. Chief Accounting Officer Sell 10b5-1 700 $202.16 $141.5K 32,474 −2.1% of holding
Arora Nikesh 7 fills Chief Executive Officer Sell 10b5-1 846,408 $204.06 $172.7M 739,381 −53.4% of holding
Golechha Dipak 5 fills EVP, Chief Financial Officer Sell 10b5-1 5,000 $204.19 $1.0M 99,228 −4.8% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.