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Palo Alto Networks | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Feb 26 18:06
Summary by Moomoo AI
Palo Alto Networks, Inc. officer Lee Klarich is set to sell 126,667 Class A Common shares on 02/26/2024, as announced by the company. The shares, valued at approximately $38,352,234.26, were originally acquired as compensation through stock options on 10/20/2018. The transaction is part of a cashless exercise/same-day sale arrangement, with the securities being sold as part of a compensation package. This planned sale follows a series of transactions over the past three months, where a total of 135,000 shares were sold by the officer.
Palo Alto Networks, Inc. officer Lee Klarich is set to sell 126,667 Class A Common shares on 02/26/2024, as announced by the company. The shares, valued at approximately $38,352,234.26, were originally acquired as compensation through stock options on 10/20/2018. The transaction is part of a cashless exercise/same-day sale arrangement, with the securities being sold as part of a compensation package. This planned sale follows a series of transactions over the past three months, where a total of 135,000 shares were sold by the officer.
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