PANW SEC Filing News — Palo Alto Networks, Inc.

Latest SEC filings for Palo Alto Networks, Inc. (PANW) explained in plain English. Covers insider buying and selling (Form 4), proposed insider sales (Form 144), material company events (8-K), and quarterly & annual reports (10-Q / 10-K). StrongBuyAnalytics provides navigation and brief excerpts or summaries; original filings remain at the SEC/source links and were authored by their filers, not StrongBuyAnalytics. Filing dates shown are source dates. Coverage and detection can be delayed or incomplete because of SEC availability, amendments, parsing, caching, or outages. Latest source filing date shown: 2026-10-05.

Palo Alto Networks, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access, a secure access service edge solution; Strata Cloud Manager, a network security management solution; and Prisma AIRS to protect customers' entire AI ecosystem. It provides a comprehensive cloud native application protection platform; and Code to Cloud platform, as well as offers VM-Series and CN-Series virtual firewalls for inline netwo…
Sector: Technology Industry: Software - Infrastructure Market Cap: $332.7B CIK: 1327567
20
Total Filings
0
Bullish Classifications
10
Bearish Classifications
11
Insider Transactions
1
Material Events (8-K)
1
Periodic Reports
Rule-based classifications for PANW currently lean bearish. Of the 20 filing records displayed, 10 carry bearish classifications (such as insider sales or negative 8-K disclosures) versus 0 bullish. This does not necessarily signal fundamental deterioration — insiders sell for many reasons — but it is worth monitoring alongside the company's core financial metrics.
PANW Filing Activity Snapshot 2026-08-25 — 2026-10-05
Insider Transactions (Form 4)
0 buys vs 8 sells
Net insider selling in this period — insiders sell for many reasons beyond conviction.
Largest Form 144 Filing
$13.77M
DIPAK GOLECHHA · 2026-09-24
35,000 shares · Form 144
Form 144 Notices
7
Proposed insider sales filed — Form 144 is a notice of intent, not a confirmed transaction. Actual sales are confirmed via Form 4.
Insider Transactions 11 · Forms 3, 4 and 5

A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Palo Alto Networks, Inc.

The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.

Across the 11 insider filings shown, the breakdown is 8 open-market sale, 1 compensation award, 1 gift and 1 tax withholding. 8 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.

What each transaction type means

Open-market sale ×8
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Compensation award ×1
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Gift ×1
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Tax withholding ×1
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Form 4 Open-market sale Insider Selling 2026-10-05

PANW insider Paul Josh D. (Chief Accounting Officer) sold 400 shares (~$158.3K)

Paul Josh D., listed as Chief Accounting Officer at Palo Alto Networks Inc, reported an open-market sale of 400 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
F Tax withholding on vested shares 1,308 $397.31 $519.7K
S Open-market sale 400 $395.70 $158.3K
Filing: Form 4 (Insider Transaction) Insider: Paul Josh D. (Chief Accounting Officer) Shares: 400 Est. Value: $158.3K
Form 4 Gift Tax / Compensation Filing 2026-10-01

PANW insider Form 4 filed for equity award, exercise, or tax withholding

Klarich Lee (Director, EVP Chief Product & Tech Ofcr) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.

Transactions reported on this filing
Code Nature Shares Price Value
G Gift 25,000 — —
Filing: Form 4 (Insider Transaction) Insider: Klarich Lee (Director, EVP Chief Product & Tech Ofcr) Shares: 25,000
Form 4 Open-market sale Insider Selling 2026-09-28

PANW insider Golechha Dipak (EVP, Chief Financial Officer) sold 27,500 shares (~$10.77M)

Golechha Dipak, listed as EVP, Chief Financial Officer at Palo Alto Networks Inc, reported an open-market sale of 27,500 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 900 $388.69 $349.8K
S Open-market sale 2,160 $389.85 $842.1K
S Open-market sale 9,539 $390.65 $3.73M
S Open-market sale 5,301 $391.71 $2.08M
S Open-market sale 6,400 $392.71 $2.51M
S Open-market sale 2,200 $393.58 $865.9K
S Open-market sale 900 $394.98 $355.5K
S Open-market sale 100 $396.21 $39.6K
Filing: Form 4 (Insider Transaction) Insider: Golechha Dipak (EVP, Chief Financial Officer) Shares: 27,500 Est. Value: $10.77M
Form 4 Open-market sale Insider Selling 2026-09-28

PANW insider Bawa Aparna (Director) sold 260 shares (~$102.1K)

Bawa Aparna, listed as Director at Palo Alto Networks Inc, reported an open-market sale of 260 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 260 $392.69 $102.1K
Filing: Form 4 (Insider Transaction) Insider: Bawa Aparna (Director) Shares: 260 Est. Value: $102.1K
Form 4 Compensation award Tax / Compensation Filing 2026-09-22

PANW insider Form 4 filed for equity award, exercise, or tax withholding

Paul Josh D. (Chief Accounting Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 7,211 — —
Filing: Form 4 (Insider Transaction) Insider: Paul Josh D. (Chief Accounting Officer) Shares: 7,211
Form 4 Open-market sale Insider Selling 2026-09-21

PANW insider GOETZ JAMES J (Director) sold 20,000 shares (~$7.53M)

GOETZ JAMES J, listed as Director at Palo Alto Networks Inc, reported an open-market sale of 20,000 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 900 $372.51 $335.3K
S Open-market sale 910 $373.53 $339.9K
S Open-market sale 3,348 $374.72 $1.25M
S Open-market sale 4,313 $375.73 $1.62M
S Open-market sale 4,751 $376.66 $1.79M
S Open-market sale 1,293 $377.65 $488.3K
S Open-market sale 1,504 $378.74 $569.6K
S Open-market sale 700 $379.61 $265.7K
S Open-market sale 1,000 $380.71 $380.7K
S Open-market sale 781 $381.86 $298.2K
S Open-market sale 500 $382.69 $191.3K
Filing: Form 4 (Insider Transaction) Insider: GOETZ JAMES J (Director) Shares: 20,000 Est. Value: $7.53M
Form 4 Open-market sale Insider Selling 2026-09-16

PANW insider Key John P. (Director) sold 2,500 shares (~$940.1K)

Key John P., listed as Director at Palo Alto Networks Inc, reported an open-market sale of 2,500 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 2,500 $376.03 $940.1K
Filing: Form 4 (Insider Transaction) Insider: Key John P. (Director) Shares: 2,500 Est. Value: $940.1K
Form 4 Open-market sale Insider Selling 2026-09-16

PANW insider Bawa Aparna (Director) sold 1,500 shares (~$562.2K)

Bawa Aparna, listed as Director at Palo Alto Networks Inc, reported an open-market sale of 1,500 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 1,000 $373.61 $373.6K
S Open-market sale 500 $377.18 $188.6K
Filing: Form 4 (Insider Transaction) Insider: Bawa Aparna (Director) Shares: 1,500 Est. Value: $562.2K
Form 4 Tax withholding Tax / Compensation Filing 2026-09-03

PANW insider Form 4 filed for equity award, exercise, or tax withholding

Thorning-Schmidt Helle (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.

Transactions reported on this filing
Code Nature Shares Price Value
F Tax withholding on vested shares 211 $382.13 $80.6K
Filing: Form 4 (Insider Transaction) Insider: Thorning-Schmidt Helle (Director) Shares: 211
Form 4 Open-market sale Insider Selling 2026-09-03

PANW insider Paul Josh D. (Chief Accounting Officer) sold 900 shares (~$336.3K)

Paul Josh D., listed as Chief Accounting Officer at Palo Alto Networks Inc, reported an open-market sale of 900 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 900 $373.68 $336.3K
Filing: Form 4 (Insider Transaction) Insider: Paul Josh D. (Chief Accounting Officer) Shares: 900 Est. Value: $336.3K
Form 4 Open-market sale Insider Selling 2026-08-27

PANW insider Paul Josh D. (Chief Accounting Officer) sold 900 shares (~$318.4K)

Paul Josh D., listed as Chief Accounting Officer at Palo Alto Networks Inc, reported an open-market sale of 900 PANW shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 900 $353.77 $318.4K
Filing: Form 4 (Insider Transaction) Insider: Paul Josh D. (Chief Accounting Officer) Shares: 900 Est. Value: $318.4K
Proposed Insider Sales 7 · Form 144

A Form 144 is a notice of intent to sell restricted or control securities. It is not a record that anything was sold. Palo Alto Networks, Inc. has 7 such notices in this period.

The distinction matters because a Form 144 is frequently reported as though it were a completed insider sale. The filer may sell all of the shares covered, some of them, or none at all, and there is no obligation to update the notice either way. A sale that is actually executed by an officer or director shows up separately on a Form 4, which is the filing to check before treating a proposed sale as a real one.

Form 144 Proposed Insider Sale 2026-09-24

PANW Form 144 filed for proposed insider sale by Aparna Bawa (750 shares) ~$295.0K

Aparna Bawa filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Aparna Bawa Shares: 750 Est. Value: $295.0K
Form 144 Large Proposed Insider Sale 2026-09-24

PANW Form 144 filed for proposed insider sale by DIPAK GOLECHHA (35,000 shares) ~$13.77M

DIPAK GOLECHHA filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4. The proposed dollar value is large enough to merit attention.

Filing: Form 144 (Proposed Sale Notice) Insider: DIPAK GOLECHHA Shares: 35,000 Est. Value: $13.77M
Form 144 Large Proposed Insider Sale 2026-09-17

PANW Form 144 filed for proposed insider sale by GOETZ 2025 IRR CHILDRENS TRUST (20,000 shares) ~$7.53M

GOETZ 2025 IRR CHILDRENS TRUST filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4. The proposed dollar value is large enough to merit attention.

Filing: Form 144 (Proposed Sale Notice) Insider: GOETZ 2025 IRR CHILDRENS TRUST Shares: 20,000 Est. Value: $7.53M
Form 144 Proposed Insider Sale 2026-09-15

PANW Form 144 filed for proposed insider sale by Aparna Bawa (500 shares) ~$187.0K

Aparna Bawa filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Aparna Bawa Shares: 500 Est. Value: $187.0K
Form 144 Proposed Insider Sale 2026-09-14

PANW Form 144 filed for proposed insider sale by Aparna Bawa (1,000 shares) ~$330.6K

Aparna Bawa filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Aparna Bawa Shares: 1,000 Est. Value: $330.6K
Form 144 Proposed Insider Sale 2026-09-14

PANW Form 144 filed for proposed insider sale by JOHN KEY (2,500 shares) ~$940.1K

JOHN KEY filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: JOHN KEY Shares: 2,500 Est. Value: $940.1K
Form 144 Proposed Insider Sale 2026-08-25

PANW Form 144 filed for proposed insider sale by JOSHUA PAUL (3,300 shares) ~$1.16M

JOSHUA PAUL filed a Form 144 with the SEC indicating intent to sell PANW (Palo Alto Networks Inc) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: JOSHUA PAUL Shares: 3,300 Est. Value: $1.16M
Material Events 1 · Form 8-K

An 8-K reports a material event in the window between scheduled reports. There is 1 in this period for Palo Alto Networks, Inc. Each 8-K names the item number it is filed under, and that number is the fastest way to tell a routine disclosure from a consequential one.

Item 2.02 is an earnings release, Item 5.02 is a change of directors or officers, and Item 1.01 or 2.01 covers a material agreement or a completed acquisition. Item 7.01 and Item 8.01 are the general-purpose disclosure items and carry no fixed meaning on their own.

Form 8-K Material Company Update 2026-09-01

PANW filed 8-K — material company event

Palo Alto Networks Inc filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Periodic Reports 1 · Forms 10-K and 10-Q

The periodic reports are where the audited and reviewed financial statements live. This period contains 1 annual report (10-K) for Palo Alto Networks, Inc.

The two are not equivalent in weight. A 10-K is audited by an external firm and includes the full risk factor disclosure, business description and management discussion; a 10-Q is unaudited, reviewed rather than examined, and much shorter. When a figure in a quarterly report is later revised, the annual report is usually where the correction appears.

An amended report — 10-K/A or 10-Q/A — restates or corrects something in the original filing, and is worth reading against the version it replaces.

Form 10-K Annual Report 2026-09-10

PANW filed Annual Report (10-K)

Palo Alto Networks Inc filed its annual report with the SEC. This report includes audited financial statements, business overview, risk factors, and management discussion.

Filing: 10-K (Annual Report)

How we classify Palo Alto Networks, Inc.'s filings

Straight from EDGAR

Each displayed record links to an original source document. StrongBuyAnalytics provides navigation and brief excerpts or summaries, not the filing itself. Parsing may omit context or contain errors, so read the original document in full.

Transaction codes, not guesswork

The nature shown on each insider filing comes from the transaction code the filer entered on the form itself — P for an open-market purchase, A for a compensation award, F for shares withheld to pay tax, M for an option exercise. Where one filing contains several codes, the transaction table lists them line by line.

Why the distinction matters

Insider activity is routinely summarised as buying or selling, which flattens together decisions that mean very different things. Shares withheld for tax on a vesting grant are an automatic administrative step; shares bought on the open market are someone committing their own money at the current price.

What this page does not tell you

A filing records what happened, not why. Form 4 does not always disclose whether a sale was executed under a pre-arranged Rule 10b5-1 plan, and no single filing is a basis for a decision on PANW. Read these alongside the fundamentals rather than in isolation.

Frequently Asked Questions — PANW SEC Filings

What SEC filings does Palo Alto Networks, Inc. submit to the SEC?

Palo Alto Networks, Inc. (PANW) submits several types of SEC filings including Form 4 (insider transactions), Form 144 (proposed insider sales), 8-K reports (material events such as earnings releases, acquisitions, leadership changes), and periodic reports — the 10-Q (quarterly) and 10-K (annual). All filings are publicly available through SEC EDGAR.

What does a Form 4 filing tell me about PANW?

A Form 4 for PANW discloses a transaction by a company insider — typically a director, officer, or 10%+ shareholder. It shows the source-reported date, number of shares, price, and updated ownership. These facts do not establish motive or predict future returns.

How do I interpret an 8-K filing from Palo Alto Networks, Inc.?

An 8-K signals a material event requiring prompt disclosure. Common triggers include earnings pre-announcements, acquisitions, leadership appointments or departures, credit changes, or regulatory actions. Read the item codes inside the filing to understand exactly what was disclosed before drawing conclusions.

What is the difference between a 10-K and 10-Q for PANW?

The 10-K is Palo Alto Networks, Inc.'s annual report with fully audited financial statements, comprehensive MD&A, and complete risk factor disclosures — filed 60–90 days after fiscal year-end. The 10-Q is a lighter quarterly report with unaudited financials filed for the first three quarters. Together they provide a continuous financial picture of the company.

Where can I see all PANW SEC filings directly on EDGAR?

You can view all historical Palo Alto Networks, Inc. filings on the SEC EDGAR company page for PANW. Each filing card on this page links directly to the original SEC document.

How often does Palo Alto Networks, Inc. file with the SEC?

Palo Alto Networks, Inc. files one 10-K per year and up to three 10-Qs per year. Form 4 insider transactions must be reported within two business days of each trade, so the frequency depends on how often insiders are buying or selling PANW shares. 8-K filings occur whenever a material event happens — which can be several times per quarter for an active company.

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Publisher, sources & limitations — September 15, 2026. StrongBuyAnalytics provides navigation and brief excerpts or summaries for educational use. Original filings remain at SEC EDGAR or other displayed source links; StrongBuyAnalytics does not author them. Filing dates are source dates, not publication dates for this page. Coverage can be delayed, incomplete, amended, or unavailable because of SEC/source availability, parsing, caching, or outages. Verify every material statement in the original filing.
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