Transaction #4491 · Form 4 · 0001193125-25-265131

Palo Alto Networks Inc · Stock award · Phantom Stock

Palo Alto Networks Inc · Transacted November 1, 2025 · Filed November 4, 2025

Original SEC filing ↗

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 140,410. 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 CIK
0001327567
Security type
Derivative
Acquisition type
Stock award · Code A
Quantity acquired
140,410
Reported price
0
Reference value
0
Currency
Currency not specified
Ownership
Direct
Holdings after transaction
140,410
Ownership description
Not reported
SEC acceptance time
Nov 4, 2025, 6:09 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

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

PANW · Nasdaq

This transaction is not mapped to a specific company listing.

Derivative terms

Underlying security
Common Stock
Underlying quantity
140,410
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
This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of PSUs.
F4
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. Releases of the common stock shares are expected to be in installments beginning on or about January 31, 2030 and ending on or about January 31, 2034.

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.