Palo Alto Networks Executives Engage in Significant Stock Transactions
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| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Klarich Lee | EVP, Chief Product Officer | Sell | $24,258,176 | Form 4 |
| Bawa Aparna | Director | Sell | $99,940 | Form 4 |
Palo Alto Networks has seen notable stock transactions by its executives, as reported in recent SEC Form 4 filings.
EVP, Chief Product Officer Klarich Lee sold 120,774 shares of common stock on July 7, 2025, in three transactions with weighted average sale prices of $200.33, $201.244, and $201.845, totaling $24,258,176. These sales were conducted under a Rule 10b5-1 trading plan adopted on September 27, 2024. Following these transactions, Lee directly owns 235,482 shares and indirectly owns 740,000 shares through the Klarich 2005 Trust.
Director Bawa Aparna sold 526 shares of Common Stock on May 30, 2025, at a price of $190.0 per share, totaling $99,940. Post-transaction, Aparna directly owns 8,632 shares of the company.