Palo Alto Networks Director John P. Key Sells $940K in Common Stock

Executive Summary

On September 16, 2026, Palo Alto Networks Inc ($PANW) director John P. Key reported the open-market sale of 2,500 shares of common stock executed on September 14, 2026. The transaction totaled approximately $940,075 at an average price of $376.03 per share.

Transaction Breakdown

• Insider: John P. Key (Director)
• Security: Common Stock
• Transaction Code: S (Open market sale)
• Shares Sold: 2,500
• Execution Price: $376.03
• Gross Proceeds: $940,075.00
• Post-Transaction Direct Ownership: 10,000 shares
• Rule 10b5-1 Plan: Not indicated (aff10b5One is false)

Ownership Impact & Context

Following this transaction, Director John P. Key retains direct ownership of 10,000 shares of Palo Alto Networks common stock. The sale represents a 20% reduction in his direct holdings prior to the trade (from 12,500 shares to 10,000 shares).