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

SEC announcement ·  Jun 7 04:33
Summary by Futu AI
On June 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 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 open market transactions, with prices ranging from $289.723 to $295.253 per share. The total market value of the disposed shares amounted to $17,505,167.01. Following these transactions, Klarich directly owns 166,542 shares of Palo Alto Networks. Additionally, Klarich holds an indirect interest in 400,000 shares of common stock.
On June 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 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 open market transactions, with prices ranging from $289.723 to $295.253 per share. The total market value of the disposed shares amounted to $17,505,167.01. Following these transactions, Klarich directly owns 166,542 shares of Palo Alto Networks. Additionally, Klarich holds an indirect interest in 400,000 shares of common stock.
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