Form 4: Palo Alto Networks Chief Accounting Officer Reports Tax-Related Share Withholding
SEC Form 4 Filing
Josh D. Paul, Chief Accounting Officer of Palo Alto Networks, reports the withholding of shares to cover income tax obligations related to vesting restricted stock units.
Summary
- On September 20, 2024, Josh D. Paul, the Chief Accounting Officer of Palo Alto Networks, had 982 shares of common stock withheld by the issuer to satisfy income tax and withholding obligations.
- The withholding occurred in connection with the vesting and net settlement of previously reported restricted stock units.
- Following the transaction, Paul directly owns 26,420 shares of Palo Alto Networks common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of the transaction where shares were withheld to cover tax obligations. |
| 09/24/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.