Palo Alto Networks, Inc. officer Lee Klarich is set to sell 800 shares of Class A Common stock on 06/06/2024, as announced by the company. The shares, valued at an aggregate market value of $236,744, were originally acquired on 10/20/2018 as part of compensation through stock options. The transaction will be executed as a cashless exercise/same-day sale, which is a common method for insiders to exercise their options without the need for upfront cash. This upcoming sale follows a series of transactions over the past three months, where a total of 306,667 shares were sold by company insiders, generating gross proceeds of approximately $88.6 million. The notice for the planned sale was filed on the same date as the sale, with the plan for this transaction having been adopted on 11/22/2023.

Palo Alto Networks, Inc. officer Lee Klarich is set to sell 800 shares of Class A Common stock on 06/06/2024, as announced by the company. The shares, valued at an aggregate market value of $236,744, were originally acquired on 10/20/2018 as part of compensation through stock options. The transaction will be executed as a cashless exercise/same-day sale, which is a common method for insiders to exercise their options without the need for upfront cash. This upcoming sale follows a series of transactions over the past three months, where a total of 306,667 shares were sold by company insiders, generating gross proceeds of approximately $88.6 million. The notice for the planned sale was filed on the same date as the sale, with the plan for this transaction having been adopted on 11/22/2023.