PANW · Insider Trading

Palo Alto Networks, Inc. Common Stock

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Every open-market purchase and sale reported by PANW officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings

most recent

Open-Market Buys

code P

Sales

code S

Reporting Insiders

current holders

PANW — Recent Form 4 Transactions (latest 2026-10-14)

Filed	Insider	Role	Type	Shares	Value
2026-10-14	Nikesh Arora	Chief Executive Officer	J	−500,000 deriv.	—
2026-10-09	Lee Klarich	EVP Chief Product & Tech Ofcr	G	−60,000	—
2026-10-09	Aparna Bawa	Director	Sell	−250	−$103.07K
2026-10-05	Josh D. Paul	Chief Accounting Officer	MIXED	−1,708	−$677.96K
2026-10-01	Lee Klarich	EVP Chief Product & Tech Ofcr	G	−25,000	—
2026-09-28	Aparna Bawa	Director	Sell	−260	−$102.10K
2026-09-28	Dipak Golechha	EVP, Chief Financial Officer	Sell	−27,500	−$10.77M
2026-09-22	Josh D. Paul	Chief Accounting Officer	A	+7,211	—
2026-09-21	James J Goetz	Director	Sell	−20,000	−$7.53M
2026-09-16	John P. Key	Director	Sell	−2,500	−$940.07K
2026-09-16	Aparna Bawa	Director	Sell	−1,500	−$562.20K
2026-09-03	Josh D. Paul	Chief Accounting Officer	Sell	−900	−$336.31K
2026-09-03	Helle Thorning-Schmidt	Director	F	−211	−$80.63K
2026-08-27	Josh D. Paul	Chief Accounting Officer	Sell	−900	−$318.39K
2026-08-24	Josh D. Paul	Chief Accounting Officer	F	−1,529	−$534.48K
2026-08-04	Josh D. Paul	Chief Accounting Officer	F	−3,861	−$1.28M
2026-07-08	Helle Thorning-Schmidt	Director	Sell	−700	−$242.80K
2026-07-02	Nikesh Arora	Chief Executive Officer	I	−865,090 deriv.	—
2026-07-01	Josh D. Paul	Chief Accounting Officer	MIXED	−1,992	−$682.89K
2026-07-01	Aparna Bawa	Director	Sell	−922	−$302.53K
2026-06-24	Dipak Golechha	EVP, Chief Financial Officer	Sell	−5,000	−$1.45M
2026-06-22	Aparna Bawa	Director	Sell	−345	−$100.11K
2026-06-16	James J Goetz	Director	Sell	−20,000	−$5.60M
2026-06-12	John P. Key	Director	Sell	−7,500	−$2.09M
2026-06-12	Aparna Bawa	Director	Sell	−1,468	−$399.83K
2026-06-08	William D Jenkins Jr	President	I	−69,499 deriv.	—
2026-06-02	Helle Thorning-Schmidt	Director	F	−211	−$59.44K
2026-06-02	Josh D. Paul	Chief Accounting Officer	Sell	−1,100	−$313.59K
2026-05-27	Lee Klarich	EVP Chief Product & Tech Ofcr	Sell	−62,904	−$16.27M
2026-05-22	Josh D. Paul	Chief Accounting Officer	Sell	−400	−$94.78K
2026-05-05	James J Goetz	Director	—	—	—
2026-04-28	Aparna Bawa	Director	A	+24	—
2026-04-10	John P. Key	Director	Sell	−1,572	−$272.46K
2026-04-03	Dipak Golechha	EVP, Chief Financial Officer	Sell	−5,000	−$802.08K
2026-04-03	Josh D. Paul	Chief Accounting Officer	MIXED	−2,047	−$329.36K
2026-03-27	Nikesh Arora	Chief Executive Officer	Buy	+68,085	+$10.00M
2026-03-12	Josh D. Paul	Chief Accounting Officer	A	+26,369	—
2026-03-10	James J Goetz	Director	Sell	−22,684	−$3.73M
2026-03-04	Josh D. Paul	Chief Accounting Officer	Sell	−1,700	−$251.43K
2026-03-03	Helle Thorning-Schmidt	Director	F	−345	−$51.38K
2026-02-17	Nikesh Arora	Chief Executive Officer	A	+165	—
2026-02-17	Lee Klarich	EVP Chief Product & Tech Ofcr	A	+70	—
2026-01-27	Josh D. Paul	Chief Accounting Officer	A	+14,393	—
2026-01-12	Lee Klarich	EVP Chief Product & Tech Ofcr	MIXED	−28,758	−$20.10M
2026-01-06	Josh D. Paul	Chief Accounting Officer	Sell	−800	−$147.85K
2026-01-06	William D Jenkins Jr	President	Sell	−904	−$167.07K
2025-12-29	William D Jenkins Jr	President	Sell	−6,218	−$1.17M
2025-12-29	Dipak Golechha	EVP, Chief Financial Officer	Sell	−5,000	−$940.91K
2025-12-12	Lee Klarich	EVP Chief Product & Tech Ofcr	G	−50,000	—
2025-12-11	Helle Thorning-Schmidt	Director	A	+1,983	—

PANW — Current Insider Holders

Insider	Role	Shares Held	Value
Nir Zuk	EVP, Chief Technology Officer	3,231,524	$1.23B
Nikesh Arora	Chief Executive Officer	1,069,836	$407.13M
Lee Klarich	EVP Chief Product & Tech Ofcr	791,053	$301.04M
James J Goetz	Director	332,770	$126.64M
William D Jenkins Jr	President	148,217	$56.40M
Dipak Golechha	EVP, Chief Financial Officer	117,850	$44.85M
Josh D. Paul	Chief Accounting Officer	78,387	$29.83M
Mary Pat McCarthy	Director	55,023	$20.94M
Lorraine Twohill	Director	44,481	$16.93M
Helene D Gayle	Director	26,100	$9.93M
Carl M. Eschenbach	Director	22,123	$8.42M
John Donovan	Director	16,114	$6.13M
John P. Key	Director	10,000	$3.81M
Aparna Bawa	Director	6,071	$2.31M
Mark A. Goodburn	Director	5,728	$2.18M
Helle Thorning-Schmidt	Director	5,687	$2.16M
Ralph Hamers	Director	5,171	$1.97M

PANW Insider Trading FAQ

Who are the insiders at PANW?

17 officers, directors and 10%+ beneficial owners currently report holdings in PANW via SEC Form 4.

Are PANW insiders buying or selling?

Across the 50 most recent Form 4 filings for PANW, 1 were open-market purchases (code P) and 26 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is PANW insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent PANW filing is dated 2026-10-14.

How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the PANW quote page; the site-wide leaderboard is on the insider transactions hub.