Palo Alto Networks (PANW) files Form 144 to sell 2,793 and 540 vested RSUs

Rhea-AI Filing Summary

PANW files a Form 144 notice reporting proposed dispositions of vested restricted stock units. The excerpt shows two vesting events: 2,793 shares tied to 09/29/2025 and 540 shares tied to 06/04/2026. The broker listed is J.P. Morgan Securities LLC.

Insights

Securities Compliance Counsel

Form 144 lists planned sales of vested RSUs by holders using J.P. Morgan as broker.

Form 144 is a notice of intent to sell restricted or control securities; the excerpt lists two vesting-related dispositions: 2,793 shares (09/29/2025) and 540 shares (06/04/2026). The broker named is J.P. Morgan Securities LLC.

Timing and exact sale methods are not detailed in the excerpt; subsequent filings or trade reports will show executed transactions.

Key Figures

Vested RSUs - 09/29/2025: 2,793 shares Vested RSUs - 06/04/2026: 540 shares Broker: J.P. Morgan Securities LLC

3 metrics

Vested RSUs - 09/29/2025 2,793 shares Restricted Stock Unit Vesting on <date>09/29/2025</date>

Vested RSUs - 06/04/2026 540 shares Restricted Stock Unit Vesting on <date>06/04/2026</date>

Broker J.P. Morgan Securities LLC Broker listed for the dispositions (address shown in excerpt)

Key Terms

Restricted Stock Unit Vesting, Form 144, J.P. Morgan Securities LLC

3 terms

Restricted Stock Unit Vesting financial

"Restricted Stock Unit Vesting | Issuer | 2793 | 09/29/2025"

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

J.P. Morgan Securities LLC financial

"Common | J.P. Morgan Securities LLC 270 Park Avenue 10th Floor New York NY 10017"

FAQ

What does PANW's Form 144 show about share dispositions?

The Form 144 lists proposed dispositions of vested restricted stock units. It shows 2,793 shares tied to 09/29/2025 and 540 shares tied to 06/04/2026 with a listed broker.

Who is the broker handling the PANW transactions on Form 144?

The filing names J.P. Morgan Securities LLC at 270 Park Avenue, New York. The broker is identified in the broker section of the excerpt as the intermediary for the listed dispositions.

Are these shares from compensation or open-market holdings for PANW?

The excerpt indicates the securities stem from Restricted Stock Unit Vesting, labeled as Compensation, for the dates 09/29/2025 and 06/04/2026 rather than open-market acquisitions.

Does Form 144 confirm sales were completed for PANW?

No. Form 144 provides notice of intent to sell; the excerpt shows planned dispositions but does not confirm executed sales or provide transaction prices or settlement details.

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Accepted by SEC EDGAR 06/11/2026 - 11:51 AM Learn about SEC filing dates

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	0001773301
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	Aparna Bawa
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	Affiliate

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	J.P. Morgan Securities LLC 270 Park Avenue 10th Floor New York NY 10017	3333	862613.73	815000000	06/10/2026	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	09/29/2025	Restricted Stock Unit Vesting	Issuer			2793	09/29/2025	Compensation
Common	06/04/2026	Restricted Stock Unit Vesting	Issuer			540	06/04/2026	Compensation

* 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 shares represented on this filing are being sold by The Bawa Family Trust, Aparna Bawa as Trustee, during 6/10/26 or within 3 months.
Date of Notice	06/11/2026
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/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Aparna Bawa
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)