Palo Alto Networks EVP & Director Reports Gift of 25,000 Shares
Palo Alto Networks Inc
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Filing Summary
# Palo Alto Networks Inc (PANW) - Form 4 Filing
**Insider:** Klarich Lee (EVP Chief Product & Tech Ofcr, Director)
**Transaction Date:** September 30, 2026
**Type:** Gift (Code G) | **Disposition**
**Shares:** 25,000 @ $0.00
**Value:** $0.00
**Ownership Post-Transaction:** 615,070 indirect shares (Trust) + 235,983 direct shares
**Significance:** Low (Bona fide gift / non-market transfer)
Comprehensive Analysis
Insider Filing Analysis: Palo Alto Networks Inc (PANW)
Executive Summary
On October 1, 2026, Lee Klarich, EVP Chief Product & Technology Officer and Director at Palo Alto Networks Inc, filed a Form 4 detailing the disposition of 25,000 shares of Common Stock on September 30, 2026. The transaction was coded as G (Bona fide gift), involving no cash exchange ($0.00 per share).
Transaction Details
- Security: Common Stock
- Transaction Code: G (Gift)
- Shares Disposed: 25,000
- Price per Share: $0.00
- Gross Consideration: $0.00
- Ownership Type: Indirect via the Lee and Susan Klarich 2005 Trust
- Remaining Holdings: 615,070 indirect shares following the transaction; 235,983 shares held directly.
Market Significance
The trading significance is Low. Gifts of stock represent personal tax planning, estate planning, or charitable giving rather than market-driven sentiment regarding the company's valuation or operational prospects. The executive continues to maintain a significant equity position of over 850,000 total shares.
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Important Disclaimer
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