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

SEC announcement ·  Mar 14 05:07
Summary by Futu AI
On March 11, 2024, Lee Klarich, EVP and Chief Product Officer of Palo Alto Networks, completed a series of transactions involving the company's common stock. Klarich acquired 60,000 shares through the exercise of derivative securities at a price of $64.5033 per share. On the same day, Klarich sold a total of 60,000 shares in multiple transactions with prices ranging from $279.626 to $286.604 per share, resulting in a total market value of $17,059,885.45. Following these transactions, Klarich directly holds 198,105 shares of Palo Alto Networks. Additionally, Klarich has an indirect beneficial ownership of 400,000 shares, the nature of which is detailed in a footnote.
On March 11, 2024, Lee Klarich, EVP and Chief Product Officer of Palo Alto Networks, completed a series of transactions involving the company's common stock. Klarich acquired 60,000 shares through the exercise of derivative securities at a price of $64.5033 per share. On the same day, Klarich sold a total of 60,000 shares in multiple transactions with prices ranging from $279.626 to $286.604 per share, resulting in a total market value of $17,059,885.45. Following these transactions, Klarich directly holds 198,105 shares of Palo Alto Networks. Additionally, Klarich has an indirect beneficial ownership of 400,000 shares, the nature of which is detailed in a footnote.
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