Morgan Stanley Smith Barney lists Rule 144 common sales

Morgan Stanley Smith Barney LLC reported proposed sales of Common stock under Rule 144, listing specific lots distributed by Sequoia Capital on 04/11/2005 and 01/12/2006.

Accepted by SEC EDGAR 03/06/2026 - 04:09 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC reported proposed sales of Common stock under Rule 144, listing specific lots distributed by Sequoia Capital on 04/11/2005 and 01/12/2006. The filing also lists recent Common sales by GOETZ 1998 IR CH TR on 12/08/2025 and 12/09/2025.

FAQ

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

What does PANW Form 144 disclose about planned sales?

It lists proposed sales of Common stock under Rule 144. The entry shows distributions dated 04/11/2005 (1,692 shares) and 01/12/2006 (20,992 shares), identified with Sequoia Capital in the securities-to-be-sold section.

Which recent sales are reported in the Form 144 excerpt for PANW?

The excerpt reports two recent sales by GOETZ 1998 IR CH TR. On 12/08/2025 and 12/09/2025, the trust sold 12,500 shares on each date with dollar amounts $2,441,696.25 and $2,438,386.25 respectively.

Who is the broker or executing firm named on this Form 144?

The filing names Morgan Stanley Smith Barney LLC as the securities intermediary. The address shown is 1 New York Plaza, 8th Floor, New York, NY 10004, and the exchange listed is NASDAQ in the header information.

Does the excerpt specify cash proceeds or sale method for the planned sales?

Yes, some transactions are labeled as Cash in the securities-to-be-sold section. The entries for distributions from a partnership (Sequoia Capital) and the listed past sales show the payment type as Cash alongside dates and share counts.

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	0001219231
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	408-753-4000
Name of Person for Whose Account the Securities are To Be Sold	GOETZ 2025 IRR CHILDRENS TRUST
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	Director

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	22684	3729551.30	816000000	03/06/2026	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	04/11/2005	Distribution from a Partnership	Sequoia Capital			1692	04/11/2005	Cash
Common	01/12/2006	Distribution from a Partnership	Sequoia Capital			20992	01/12/2006	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
GOETZ 1998 IR CH TR 3000 Tannery Way Santa Clara CA 95054	Common	12/09/2025	12500	2438386.25
GOETZ 1998 IR CH TR 3000 Tannery Way Santa Clara CA 95054	Common	12/08/2025	12500	2441696.25

144: Remarks and Signature

Remarks
Date of Notice	03/06/2026
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/ James J Goetz, Trustee
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)