PANW

SEC source: 0001193125-25-335411 · ownership.xml · nonDerivative · entry 2

Jenkins William D Jr · CIK 0001590423 · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 149,121

F1 · kind: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 26, 2025.

F3 · price: This sale price represents the weighted average sale price of the shares sold ranging from $188.38 to $188.52 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-335411 · ownership.xml · nonDerivative · entry 1

Jenkins William D Jr · CIK 0001590423 · President

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 150,892

F1 · kind: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 26, 2025.

F2 · price: This sale price represents the weighted average sale price of the shares sold ranging from $187.34 to $188.31 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-335416 · ownership.xml · nonDerivative · entry 1

Golechha Dipak · CIK 0001852540 · EVP, Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 155,119

F1 · kind: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 6, 2025.

SEC source: 0001193125-25-316348 · ownership.xml · nonDerivative · entry 1

Goodburn Mark A. · CIK 0001929274 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,728

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs shall vest over a three year period, with 1/3 of the shares to vest on December 1, 2026 and the remainder to vest in equal quarterly increments thereafter, subject to the Reporting Person's continued service as of each such date.

SEC source: 0001193125-25-317830 · ownership.xml · nonDerivative · entry 1

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 640,000

F1 · ownership.nature: Shares are held by the Lee and Susan Klarich 2005 Trust, dated Dec. 5, 2005, for which the Reporting Person and his spouse serve as trustees.

SEC source: 0001219231-25-000005 · form4.xml · nonDerivative · entry 5

GOETZ JAMES J · CIK 0001219231 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Goetz Children's Trust 4/24/1998

Disclosed balance after: 62,684

F6 · price: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $196.33 to $196.54, inclusive.

F7 · ownership.nature: Shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person may be deemed to beneficially own the shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001219231-25-000005 · form4.xml · nonDerivative · entry 4

GOETZ JAMES J · CIK 0001219231 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Goetz Children's Trust 4/24/1998

Disclosed balance after: 62,984

F5 · price: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $195.28 to $196.27, inclusive.

F7 · ownership.nature: Shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person may be deemed to beneficially own the shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001219231-25-000005 · form4.xml · nonDerivative · entry 3

GOETZ JAMES J · CIK 0001219231 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Goetz Children's Trust 4/24/1998

Disclosed balance after: 66,954

F4 · price: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $194.23 to $195.17, inclusive.

F7 · ownership.nature: Shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person may be deemed to beneficially own the shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001193125-25-316251 · ownership.xml · nonDerivative · entry 1

Thorning-Schmidt Helle · CIK 0002055370 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,154

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

SEC source: 0001193125-25-316252 · ownership.xml · nonDerivative · entry 1

Key John P. · CIK 0001772458 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,572

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

F2 · balance_after: The number of shares beneficially owned reflects the Issuer's 2-for-1 stock split effected December 13, 2024.

SEC source: 0001193125-25-316253 · ownership.xml · nonDerivative · entry 1

Twohill Lorraine · CIK 0001539925 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,481

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

F2 · balance_after: The number of shares beneficially owned reflects the Issuer's 2-for-1 stock split effected December 13, 2024.

SEC source: 0001193125-25-316254 · ownership.xml · nonDerivative · entry 1

Eschenbach Carl M. · CIK 0001409324 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,123

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

F2 · balance_after: The number of shares beneficially owned reflects the Issuer's 2-for-1 stock split effected December 13, 2024.

SEC source: 0001193125-25-316255 · ownership.xml · nonDerivative · entry 1

Bawa Aparna · CIK 0001773301 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,160

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

SEC source: 0001193125-25-316256 · ownership.xml · nonDerivative · entry 1

Donovan John · CIK 0001353825 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,188

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

F2 · balance_after: The number of shares beneficially owned reflects the Issuer's 2-for-1 stock split effected December 13, 2024.

SEC source: 0001193125-25-316257 · ownership.xml · nonDerivative · entry 1

McCarthy Mary Pat · CIK 0001565570 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,023

F1 · shares: Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal quarterly increments over a one year period, subject to the Reporting Person's continued service as of each such date.

F2 · balance_after: The number of shares beneficially owned reflects the Issuer's 2-for-1 stock split effected December 13, 2024.

SEC source: 0001219231-25-000005 · form4.xml · nonDerivative · entry 2

GOETZ JAMES J · CIK 0001219231 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Goetz Children's Trust 4/24/1998

Disclosed balance after: 75,184

F3 · price: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $195.89 to $196.29, inclusive.

F7 · ownership.nature: Shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person may be deemed to beneficially own the shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001219231-25-000005 · form4.xml · nonDerivative · entry 1

GOETZ JAMES J · CIK 0001219231 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Goetz Children's Trust 4/24/1998

Disclosed balance after: 75,612

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.84 to $195.83, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) as well as footnotes (3), (4), (5), and (6) to this Form 4

F2 · balance_after: The number of shares reflects the Issuer's 2-for-1 stock split effected December 13, 2024.

F7 · ownership.nature: Shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person may be deemed to beneficially own the shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001193125-25-308140 · ownership.xml · derivative · entry 10

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 92,010

Underlying: Common Stock · 92,010 shares

Expires 2025-10-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · derivative.exercise_date: The shares subject to the option are fully vested and exercisable.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 8

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 327,645

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F8 · price: This sale price represents the weighted average sale price of the shares sold ranging from $193.16 to $193.96 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 7

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 349,766

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F7 · price: This sale price represents the weighted average sale price of the shares sold ranging from $192.16 to $193.155 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 6

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 403,521

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F6 · price: This sale price represents the weighted average sale price of the shares sold ranging from $191.16 to $192.155 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 5

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 410,422

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F5 · price: This sale price represents the weighted average sale price of the shares sold ranging from $190.16 to $191.155 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 4

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 430,092

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F4 · price: This sale price represents the weighted average sale price of the shares sold ranging from $189.15 to $190.13 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 3

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 438,690

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F3 · price: This sale price represents the weighted average sale price of the shares sold ranging from $188.145 to $189.14 per share. Upon request by the Commission staff, the Issuer, or a security holder of the 1Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 2

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 446,282

F1 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F2 · price: This sale price represents the weighted average sale price of the shares sold ranging from $187.06 to $187.95 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-308140 · ownership.xml · nonDerivative · entry 1

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 448,419

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001193125-25-305332 · ownership.xml · nonDerivative · entry 1

Paul Josh D. · CIK 0001882285 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 46,805

F1 · kind: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 1, 2024.

SEC source: 0001193125-25-303942 · ownership.xml · nonDerivative · entry 1

Golechha Dipak · CIK 0001852540 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 160,119

SEC source: 0001193125-25-265144 · ownership.xml · derivative · entry 11

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 184,020

Underlying: Common Stock · 92,010 shares

Expires 2028-10-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · derivative.exercise_date: The shares subject to the option are fully vested and exercisable.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 9

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 356,409

F3 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 8

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 356,439

F3 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F8 · price: This sale price represents the weighted average sale price of the shares sold ranging from $219.37 to $220.31 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 7

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 359,993

F3 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F7 · price: This sale price represents the weighted average sale price of the shares sold ranging from $218.37 to $219.34 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 6

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 403,102

F3 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F6 · price: This sale price represents the weighted average sale price of the shares sold ranging from $217.37 to $218.365 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 5

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 448,617

F3 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F5 · price: This sale price represents the weighted average sale price of the shares sold ranging from $216.37 to $217.345 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 4

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 468,812

F3 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2024.

F4 · price: This sale price represents the weighted average sale price of the shares sold ranging from $215.37 to $216.365 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 3

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 477,183

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001193125-25-265166 · ownership.xml · nonDerivative · entry 3

Paul Josh D. · CIK 0001882285 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 47,505

F3 · kind: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 1, 2024.

SEC source: 0001193125-25-265124 · ownership.xml · derivative · entry 5

Arora Nikesh · CIK 0001468233 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,958,459

Underlying: Common Stock · 42,558 shares

Expires not disclosed

F2 · derivative.exercise_price: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

F5 · derivative.exercise_price: Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. A portion of the common stock shares will be released on or about January 31, 2027, and another portion will be released on or about January 31, 2028.

F2 · derivative.exercise_date: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

F5 · derivative.exercise_date: Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. A portion of the common stock shares will be released on or about January 31, 2027, and another portion will be released on or about January 31, 2028.

F2 · derivative.expiration_date: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

F5 · derivative.expiration_date: Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. A portion of the common stock shares will be released on or about January 31, 2027, and another portion will be released on or about January 31, 2028.

SEC source: 0001193125-25-265124 · ownership.xml · nonDerivative · entry 2

Arora Nikesh · CIK 0001468233 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 275,013

F2 · kind: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

SEC source: 0001193125-25-265124 · ownership.xml · nonDerivative · entry 1

Arora Nikesh · CIK 0001468233 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,460,734

F1 · shares: The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.

SEC source: 0001193125-25-265131 · ownership.xml · derivative · entry 4

Golechha Dipak · CIK 0001852540 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 140,410

Underlying: Common Stock · 140,410 shares

Expires not disclosed

F2 · derivative.exercise_price: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

F4 · derivative.exercise_price: Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. Releases of the common stock shares are expected to be in installments beginning on or about January 31, 2030 and ending on or about January 31, 2034.

F2 · derivative.exercise_date: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

F4 · derivative.exercise_date: Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. Releases of the common stock shares are expected to be in installments beginning on or about January 31, 2030 and ending on or about January 31, 2034.

F2 · derivative.expiration_date: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

F4 · derivative.expiration_date: Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. Releases of the common stock shares are expected to be in installments beginning on or about January 31, 2030 and ending on or about January 31, 2034.

SEC source: 0001193125-25-265131 · ownership.xml · nonDerivative · entry 3

Golechha Dipak · CIK 0001852540 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 162,619

F3 · kind: This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of PSUs.

SEC source: 0001193125-25-265131 · ownership.xml · nonDerivative · entry 2

Golechha Dipak · CIK 0001852540 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 236,545

F2 · kind: In connection with the vesting of of the PSUs described in Footnote 1, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").

SEC source: 0001193125-25-265131 · ownership.xml · nonDerivative · entry 1

Golechha Dipak · CIK 0001852540 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 376,955

F1 · shares: The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 2

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 385,173

F2 · kind: This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of PSUs.

SEC source: 0001193125-25-265144 · ownership.xml · nonDerivative · entry 1

Klarich Lee · CIK 0001682260 · Director · EVP Chief Product & Tech Ofcr

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 617,228

F1 · shares: The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.

SEC source: 0001193125-25-265150 · ownership.xml · nonDerivative · entry 2

Jenkins William D Jr · CIK 0001590423 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 155,339

F2 · kind: This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of PSUs.

SEC source: 0001193125-25-265150 · ownership.xml · nonDerivative · entry 1

Jenkins William D Jr · CIK 0001590423 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 319,558

F1 · shares: The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.

SEC source: 0001193125-25-265166 · ownership.xml · nonDerivative · entry 2

Paul Josh D. · CIK 0001882285 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 48,205

F2 · kind: This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of PSUs.

SEC source: 0001193125-25-265166 · ownership.xml · nonDerivative · entry 1

Paul Josh D. · CIK 0001882285 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 63,675

F1 · shares: The number of shares acquired represents the number of shares that vested, effective on November 1, 2025, under certain performance-based restricted stock units granted to the Reporting Person on August 23, 2022 ("PSUs"). The Issuer's Compensation and People Committee certified the achievement of the performance conditions under the PSUs effective as of November 1, 2025.