Transaction · 0001493152-26-046991

Arora Nikesh

Arora Nikesh, CEO, reported a transaction classified as other at Palo Alto Networks Inc involving 500000.000000 shares. Reported holdings after the transaction were 2093369.000000 shares. A 10b5-1 reference was not detected in the stored filing text.

otherSEC transaction code JCEO
PANWPalo Alto Networks Inc
Trade date
Oct 12, 2026
Filing date
Oct 14, 2026
View on SEC Insider profile
Estimated value—Shares × reported price
Shares traded500kPrice unknown
Holdings after2.09MIndirect · See Footnote
% of reported position tradedUnavailableThis security and ownership context
How reported position traded is calculated

Not calculated for derivative securities.

Row-level estimate for this security and ownership context, not the insider’s complete portfolio. Joint ownership, other transactions in the filing, amendments and footnotes can affect interpretation.

Filing warnings

Notes recorded with this filing
2 warnings
missing priceThe filing did not provide a usable price per share.
ambiguous transaction codeThe transaction code is missing or represents other activity; review the filing and footnotes.

PANW price since this filing

Daily closing prices, with the filing date and available return windows
PANW · Daily closing priceLoading daily prices…
Filing dateReturn windows appear as prices become available.
Pre-filing1mo ago -16.7%1w ago +2.5%1d ago +5.5%
Returns since7d30d90d180d1y

Transaction facts

Stored Form 4 columns with their raw values

Derivative
Type
other
Code J
Identifier
0001493152-26-046991
Variable Prepaid Forward (obligation to sell)
Transaction date
Oct 12, 2026
Filed Oct 14, 2026, 07:10 PM · 2d delay
Shares
500,000 sh
Price unknown
Estimated value
—
Computed from shares × price
Holdings after
2,093,369 sh
Indirect · See Footnote

Filing signal explanations

Badges describe filing facts only — not predictions.

Cluster 14dRepeat 30dPattern $100kLarge $1.00M
Derivative Transaction
Filing-only score

-20 points

Compact filing score computed from stored Form 4 facts. Version v1.

Low filing signal

This filing has a meaningfully negative filing-only score. It is likely less useful as a positive insider-activity signal.

How this score is calculated
  • timely_filing+4 points

    reporting_delay_days = 2

    Filing reported within two business days of the transaction.
  • derivative_transaction-16 points

    is_derivative = true

    Derivative exercise rows are less discretionary than open-market purchases.
  • missing_price-8 points

    price_cents is null

    Missing price reduces confidence in value-based signals.
Missing facts
  • price_cents
Read the scoring methodology

Signed filing-only points, not a probability or expected return. Version v1.

Reported relationships & other filings

Form 4 relationship flags and nearby filing context

Reported roles

Chief Executive Officer

Officer YesDirector Yes10% NoOther No
Footnotes & amended
  1. F1

    On October 12, 2026, the Reporting Person executed a prepaid variable share forward contract (the "Contract") under Rule 144 with an unaffiliated dealer on the Common Stock (the "Shares") of Palo Alto…

  2. F2

    The number of Shares to be delivered (or equivalent cash) to the dealer at settlement will be determined as follows: (A) if the Settlement Price is less than or equal to $342.38 (the "Floor Price"), t…

  3. F3

    The Contract is expected to be settled in October 2029. Under the Contract, the Reporting Person pledged the Maximum Number of Shares to the dealer (the "Pledged Shares"). The Reporting Person retains…

  4. F4

    See Exhibit 99 for an explanatory note discussing the rationale for entering into the Contract, the Reporting Person's equity holdings and tax obligations, and the Issuer's approval of the Contract. C…

  5. F5

    The Shares are held in the Aurora Trust, for which the Reporting Person serves as a trustee.

Original filing · 0001493152-26-046991
Related transactions

0 other transactions

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Recent company activity

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