Palo Alto Networks Officer Proposes $13.8M Share Sale

The securities were acquired upon vesting of restricted stock units and performance stock units from December 20, 2023 through October 20, 2024.

Available on EDGAR 09/24/2026 - 04:41 PM EDT Accepted by SEC EDGAR 09/24/2026 - 04:40 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Palo Alto Networks, Inc. (PANW) officer Dipak Golechha reported a proposed sale of 35,000 common shares, with an aggregate market value of $13,765,500. The approximate sale date is September 24, 2026. The securities were acquired upon vesting of restricted stock units and performance stock units from December 20, 2023 through October 20, 2024.

Key Figures

Common shares proposed for sale: 35,000 shares Aggregate market value: $13,765,500 Approximate sale date: September 24, 2026

3 metrics

Common shares proposed for sale 35,000 shares Proposed sale by Dipak Golechha

Aggregate market value $13,765,500 Proposed sale

Approximate sale date September 24, 2026 Proposed sale date

Key Terms

restricted stock units, performance stock units, aggregate market value, Rule 144

4 terms

restricted stock units financial

"acquired upon the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance stock units financial

"restricted stock units and performance stock units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

aggregate market value financial

"aggregate market value"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Rule 144 regulatory

"sales required by paragraph (e) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PANW shares did Dipak Golechha report for sale?

Dipak Golechha, an officer of Palo Alto Networks (PANW), reported a proposed sale of 35,000 common shares, with an aggregate market value of $13,765,500. The approximate sale date is September 24, 2026.

How did Dipak Golechha acquire the PANW shares?

The shares were acquired upon vesting of restricted stock units and performance stock units from December 20, 2023 through October 20, 2024.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001852540
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PALO ALTO NETWORKS, INC.
SEC File Number	001-35594
Address of Issuer	3000 Tannery Way Santa Clara CALIFORNIA 95054
Phone	4087534000
Name of Person for Whose Account the Securities are To Be Sold	DIPAK GOLECHHA
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	35000	13765500.00	815000000	09/24/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/20/2023	RSU/PSU	Issuer			35000	12/20/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units and performance stock units during the period of 12/20/2023 through 10/20/2024.
Date of Notice	09/24/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/25/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Dipak Golechha
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)