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Palo Alto Networks | 4: Statement of changes in beneficial ownership of securities-Officer Klarich Lee

SEC announcement ·  Feb 29 11:59
Summary by Futu AI
On February 26, 2024, Lee Klarich, EVP and Chief Product Officer of Palo Alto Networks, completed a series of transactions involving the company's common stock. Klarich exercised options to acquire 126,667 shares at a price of $64.5033 per share. Subsequently, Klarich sold a total of 126,667 shares through multiple open market transactions, with prices ranging from $287.707 to $313.14 per share, resulting in a total market value of $38,705,523.055. After these transactions, Klarich's direct holdings in Palo Alto Networks amounted to 198,105 shares. Additionally, Klarich has an indirect beneficial ownership of 400,000 shares, the nature of which is detailed in a footnote.
On February 26, 2024, Lee Klarich, EVP and Chief Product Officer of Palo Alto Networks, completed a series of transactions involving the company's common stock. Klarich exercised options to acquire 126,667 shares at a price of $64.5033 per share. Subsequently, Klarich sold a total of 126,667 shares through multiple open market transactions, with prices ranging from $287.707 to $313.14 per share, resulting in a total market value of $38,705,523.055. After these transactions, Klarich's direct holdings in Palo Alto Networks amounted to 198,105 shares. Additionally, Klarich has an indirect beneficial ownership of 400,000 shares, the nature of which is detailed in a footnote.
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