Form 4: Palo Alto Networks Executive Josh D. Paul Reports Stock Sale and Tax Withholding

Josh D. Paul, Chief Accounting Officer of Palo Alto Networks, reports the sale of 700 shares of common stock and a transaction related to tax withholding on restricted stock units.

Summary

• On March 20, 2025, Josh D. Paul, Chief Accounting Officer of Palo Alto Networks, sold 700 shares of common stock at a price of $185.5 per share.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 1, 2024.
• Additionally, 1,400 shares were withheld by Palo Alto Networks to cover income tax obligations related to the vesting of restricted stock units at a price of $187.54.
• Following these transactions, Paul directly owns 45,974 shares of Palo Alto Networks common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports required transactions without indicating any positive or negative outlook.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Key Dates

Keywords

Form 4, Palo Alto Networks, PANW, Josh D. Paul, Chief Accounting Officer, Stock Sale, Rule 10b5-1, Tax Withholding, Insider Trading