Palo Alto Networks Director Aparna Bawa Sells $562K in Stock

Insider Transaction Overview

Palo Alto Networks Inc ($PANW) Director Aparna Bawa reported the open-market sale of 1,500 shares of common stock across two transactions on September 14 and September 15, 2026, generating total proceeds of $562,195.

Transaction Details:

• September 14, 2026: Sold 1,000 shares at an average price of $373.605 per share.
• September 15, 2026: Sold 500 shares at an average price of $377.180 per share.
• Ownership Nature: Held indirectly via The Bawa Family Trust, where Bawa and her spouse serve as trustees.
• Remaining Holdings: Following the reported sales, the trust retains 4,937 shares, alongside 1,644 shares held directly by the reporting person.

Significance:

This transaction represents a modest reduction in indirect holdings (~23% of the trust's position) with a low overall dollar value, typical of periodic portfolio rebalancing.