Palo Alto Networks, Inc.
Nikesh Arora (Chief Executive Officer) reports PANW insider transactions
AI-generated summary
Chief Executive Officer, Director Nikesh Arora received a grant of 1,056,783 shares of Phantom Stock at $0 per share on November 1, 2026. The transaction resulted from the certification of performance conditions for performance-based restricted stock units granted in August 2023, which were deferred.
Key facts
- Insider
- Nikesh Arora · Chief Executive Officer, Director
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Nov 1, 2026 | A · grantPhantom StockFootnotes F1, F2 | +1,056,783 | $0.00 | $0.00 | 3,150,152 | Direct |
Footnotes
- F1 Represents an award of performance-based restricted stock units granted to the Reporting Person on August 21, 2023 ("PSUs"). Effective on November 1, 2026, the Issuer's Compensation and People Committee certified the achievement of the performance conditions for the PSUs. Pursuant to Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan"), the Reporting Person elected to defer these shares.
- F2 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.
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.