Palo Alto Networks Inc (PANW) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-11 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Palo Alto Networks Inc (PANW) CIK: 0001327567 --- Reporting Owner --- Name: Bawa Aparna CIK: 0001773301 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-06-10 | Code: S (Open market sale) Shares: -377 | Price: $265.00 Total Value: $99,905.00 Shares Owned After: 8,795 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F1] Reflects a transfer of 540 Common Stock shares from the Reporting Person to The Bawa Family Trust. [F2] Shares are held by The Bawa Family Trust, for which the Reporting Person and her spouse serve as trustees. [Transaction #2] Security: Common Stock Date: 2026-06-11 | Code: S (Open market sale) Shares: -555 | Price: $270.00 Total Value: $149,850.00 Shares Owned After: 8,240 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] Shares are held by The Bawa Family Trust, for which the Reporting Person and her spouse serve as trustees. [Transaction #3] Security: Common Stock Date: 2026-06-12 | Code: S (Open market sale) Shares: -536 | Price: $280.00 Total Value: $150,080.00 Shares Owned After: 7,704 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] Shares are held by The Bawa Family Trust, for which the Reporting Person and her spouse serve as trustees. --- Holdings --- [Holding #1] Security: Common Stock Ownership: D (Direct) Footnotes: [F1] Reflects a transfer of 540 Common Stock shares from the Reporting Person to The Bawa Family Trust. --- Footnotes (Complete Index) --- F1: Reflects a transfer of 540 Common Stock shares from the Reporting Person to The Bawa Family Trust. F2: Shares are held by The Bawa Family Trust, for which the Reporting Person and her spouse serve as trustees. --- Signature --- /s/ /s/ Elizabeth Villalobos, Attorney-in-Fact for Aparna Bawa (2026-06-12)