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Palo Alto Networks Director Aparna Bawa Disposes of $102K in Common Stock

Low SignificanceSeptember 28, 2026 at 4:40:35 PM EDT

Palo Alto Networks Inc

$PANW4CIK: 0001327567

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Filing Summary

# Insider Transaction: Palo Alto Networks Inc ($PANW)

**Insider:** Aparna Bawa
**Role:** Director
**Transaction Date:** 2026-09-24
**Filing Date:** 2026-09-28

### Details
- **Action:** Sale (Disposed)
- **Shares:** 260
- **Price:** $392.685
- **Total Value:** $102,098.10
- **Post-Transaction Holdings:** 4,677 indirect shares (The Bawa Family Trust) + 1,644 direct shares
- **Significance:** Low

Comprehensive Analysis

Executive Summary

On September 28, 2026, a Form 4 was filed for Palo Alto Networks Inc ($PANW) detailing an open market sale executed by Director Aparna Bawa on September 24, 2026.

Transaction Details

  • Reporting Owner: Aparna Bawa (Director)
  • Security: Common Stock
  • Transaction Code: S (Open market or private sale)
  • Shares Sold: 260 shares
  • Price per Share: $392.685
  • Total Proceeds: $102,098.10
  • Nature of Ownership: Indirect via The Bawa Family Trust
  • Post-Transaction Beneficial Ownership:
    • 4,677 shares held indirectly via The Bawa Family Trust
    • 1,644 shares held directly

Trading Significance

The transaction is categorized as Low significance due to the modest dollar amount (~$102.1K) and relatively minor portion of overall holdings liquidated. The sale was executed without an indicated Rule 10b5-1 trading plan.

Topics:#PANW#PaloAltoNetworks#InsiderTrading#SECForm4#StockMarket

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