Summary by Futu AI
On September 4, 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 60,000 shares at a price of $64.5033 per share. Subsequently, he sold a total of 60,000 shares through multiple transactions at prices ranging from $339.961 to $347.147, resulting in a total market value of $20,698,787.91. After these transactions, Klarich held 159,009 shares of Palo Alto Networks directly. Additionally, Klarich reported a bona fide gift of 30,000 shares, after which he indirectly held 370,000 shares.