Zuk Nir's Form 4 filing
Palo Alto Networks Inc (PANW) · filed Nov 26, 2024
- Accession no.
- 0000950170-24-131063
- Filed
- Nov 26, 2024
- Trade date
- Nov 22-25, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 14 non-derivative transactions and 1 derivative transaction. Open-market sales total $65.1M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Zuk NirCIK 0001250333 | Director, Officer (EVP, Chief Technology Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 22, 2024 | Common Stock | MOption exerciseAcquired | +1,509,057 | $64.50 | +$97,334,176.5 | 2,646,456 | Direct | |
| Nov 22, 2024 | Common Stock | FTax withholdingDisposed | −656,698 | $383.36 | −$251,751,745.28 | 1,989,758 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −4,225 | $383.95F2 | −$1,622,188.75 | 1,985,533 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −14,288 | $385.01F3 | −$5,501,022.88 | 1,971,245 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −76,463 | $386.17F4 | −$29,527,716.71 | 1,894,782 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −16,880 | $386.73F5 | −$6,528,002.4 | 1,877,902 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −13,916 | $387.96F6 | −$5,398,851.36 | 1,863,986 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −17,562 | $389.00F7 | −$6,831,618 | 1,846,424 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −8,973 | $390.02F8 | −$3,499,649.46 | 1,837,451 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −3,381 | $391.18F9 | −$1,322,579.58 | 1,834,070 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −3,000 | $392.32F10 | −$1,176,960 | 1,831,070 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −3,144 | $393.39F11 | −$1,236,818.16 | 1,827,926 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −5,868 | $395.03F12 | −$2,318,036.04 | 1,822,058 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −300 | $395.79F13 | −$118,737 | 1,821,758 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 22, 2024 | Common Stock | MOption exerciseDisposed | −1,509,057 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This sale price represents the weighted average sale price of the shares sold ranging from $383.45 to $384.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
This sale price represents the weighted average sale price of the shares sold ranging from $384.46 to $385.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F4
This sale price represents the weighted average sale price of the shares sold ranging from $385.46 to $386.44 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F5
This sale price represents the weighted average sale price of the shares sold ranging from $386.46 to $387.22 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F6
This sale price represents the weighted average sale price of the shares sold ranging from $387.50 to $388.48 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F7
This sale price represents the weighted average sale price of the shares sold ranging from $388.54 to $389.51 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F8
This sale price represents the weighted average sale price of the shares sold ranging from $389.63 to $390.50 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F9
This sale price represents the weighted average sale price of the shares sold ranging from $390.85 to $391.76 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F10
This sale price represents the weighted average sale price of the shares sold ranging from $392.00 to $392.99 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F11
This sale price represents the weighted average sale price of the shares sold ranging from $393.19 to $393.46 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F12
This sale price represents the weighted average sale price of the shares sold ranging from $394.47 to $395.45 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F13
This sale price represents the weighted average sale price of the shares sold ranging from $395.68 to $395.91 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.