Transaction #4489 · Form 4 · 0001193125-25-265124
Palo Alto Networks Inc · Stock award · Phantom Stock
Palo Alto Networks Inc · Transacted November 1, 2025 · Filed November 4, 2025
What does this filing report?
An SEC Form 4 filing for Palo Alto Networks Inc records a stock award involving Phantom Stock on November 1, 2025. The reported quantity was 1,185,721. The filing date is November 4, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- Palo Alto Networks Inc
- Company CIK
- 0001327567
- Security type
- Derivative
- Acquisition type
- Stock award · Code A
- Quantity acquired
- 1,185,721
- Reported price
- 0
- Reference value
- 0
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 2,958,459
- Ownership description
- Not reported
- SEC acceptance time
- Nov 4, 2025, 6:07 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Arora Nikesh ↗
Chief Executive Officer · Director
CIK 0001468233
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Derivative terms
- Underlying security
- Common Stock
- Underlying quantity
- 42,558
- Conversion / exercise price
- Not reported
- Exercise date
- Not reported
- Expiration date
- Not reported
Filing footnotes & remarks
- F1
- The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.
- F2
- In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").
- F3
- Shares are held by Bacchey Investments L.P., of which Bacchey Management LLC (the "LLC") is the General Partner. The Reporting Person is the manager of the LLC. The sole member of the LLC is the Aurora Trust, for which the Reporting Person serves as a trustee.
- F4
- Shares are held by the Nikesh Arora 2025 Annuity Trust, for which the Reporting Person serves as trustee.
- F5
- Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. A portion of the common stock shares will be released on or about January 31, 2027, and another portion will be released on or about January 31, 2028.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.