Palo Alto Networks (NYSE: PANW) director sells 7,500 shares
Rhea-AI Filing Summary
Palo Alto Networks Inc director John P. Key reported an open-market sale of 7,500 shares of Common Stock. The shares were sold at an average price of $279.24 per share. After this transaction, he directly holds 12,500 shares of Palo Alto Networks Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,500 shares ($2,094,300)
Net Sell
1 txn
Insider
Key John P.
Role
Director
Sold
7,500 shs ($2.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $279.24 | $2.09M |
Holdings After Transaction:
Common Stock — 12,500 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 7,500 shares
Sale price: $279.24 per share
Shares held after: 12,500 shares
3 metrics
Shares sold
7,500 shares
Open-market sale of Palo Alto Networks Common Stock
Sale price
$279.24 per share
Average price for the 7,500 shares sold
Shares held after
12,500 shares
Direct ownership after the reported transaction
Key Terms
open-market sale, Common Stock, non-derivative
3 terms
open-market sale financial
"transaction_action: "open-market sale" for the Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: "non-derivative" describing the nature of the security traded"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Palo Alto Networks (PANW) report for John P. Key?
Palo Alto Networks reported that director John P. Key sold 7,500 shares of Common Stock. The Form 4 shows this was an open-market sale, reducing his holdings but leaving him with a remaining direct position in the company.
Was John P. Key’s Palo Alto Networks (PANW) transaction a buy or a sell?
The transaction was a sale of Palo Alto Networks Common Stock by John P. Key. The Form 4 uses transaction code “S” and describes it as an open-market sale, indicating a disposition rather than an acquisition of shares.
What type of security did John P. Key trade in the Palo Alto Networks (PANW) filing?
John P. Key traded Palo Alto Networks Common Stock in this Form 4 filing. The transaction is classified as a non-derivative open-market sale, not involving options or other derivative securities according to the reported transaction details.