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Palo Alto Networks: Bawa trust sells 250 shares

Palo Alto Networks Inc director Aparna Bawa reported two sales of Common Stock held by The Bawa Family Trust on October 9, 2026: 170 shares at $410 per share and 80 shares at $417.125 per share.

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Form Type
4

Rhea-AI Filing Summary

Palo Alto Networks Inc director Aparna Bawa reported two sales of Common Stock held by The Bawa Family Trust on October 9, 2026: 170 shares at $410 per share and 80 shares at $417.125 per share. Bawa and her spouse serve as trustees of the trust. The sales were not reported as made under a Rule 10b5-1 plan. Separately, Bawa reported 1,644 shares held directly after the transactions.

Insider Bawa Aparna
Role Director
Sold 250 shs ($103K)
Type Security Shares Price Value
Sale Common Stock F1 170 $410.00 $70K
Sale Common Stock F1 80 $417.125 $33K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 4,427 shares (Indirect, See footnote); Common Stock — 1,644 shares (Direct)
Footnotes (1)
  1. F1. Shares are held by The Bawa Family Trust, for which the Reporting Person and her spouse serve as trustees.
Trust shares sold 170 shares The Bawa Family Trust sale on October 9, 2026
Sale price per share $410 per share The Bawa Family Trust sale of 170 shares on October 9, 2026
Trust shares sold 80 shares The Bawa Family Trust sale on October 9, 2026
Sale price per share $417.125 per share The Bawa Family Trust sale of 80 shares on October 9, 2026
Direct Common Stock holdings 1,644 shares Aparna Bawa's reported holdings after the transactions on October 9, 2026

FAQ

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

How many PANW shares did The Bawa Family Trust sell, and at what prices?

On October 9, 2026, The Bawa Family Trust sold 170 shares at $410 per share and 80 shares at $417.125 per share. Aparna Bawa and her spouse serve as trustees of the trust.

How many PANW shares did Aparna Bawa hold directly after the transactions?

Aparna Bawa reported direct holdings of 1,644 shares of Common Stock on October 9, 2026.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bawa Aparna

(Last)(First)(Middle)
C/O PALO ALTO NETWORKS INC.
3000 TANNERY WAY

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Palo Alto Networks Inc [ PANW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/09/2026S170D$4104,507ISee footnote(1)
Common Stock10/09/2026S80D$417.1254,427ISee footnote(1)
Common Stock1,644D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares are held by The Bawa Family Trust, for which the Reporting Person and her spouse serve as trustees.
/s/ Elizabeth Villalobos, Attorney-in-Fact for Aparna Bawa10/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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