Palo Alto (PANW)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-04-01 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Palo Alto Networks Inc (PANW) CIK: 0001327567 --- Reporting Owner --- Name: Paul Josh D. CIK: 0001882285 Role: Officer (Chief Accounting Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-04-01 | Code: F (Payment of exercise/tax) Shares: -947 | Price: $160.32 Total Value: $151,823.04 Shares Owned After: 84,236 | Ownership: D (Direct) Footnotes: [F1] 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 previously reported restricted stock units. [Transaction #2] Security: Common Stock Date: 2026-04-01 | Code: S (Open market sale) Shares: -1,100 | Price: $161.40 Total Value: $177,540.00 Shares Owned After: 83,136 | Ownership: D (Direct) Footnotes: [F2] The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 17, 2025. --- Footnotes (Complete Index) --- F1: 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 previously reported restricted stock units. F2: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 17, 2025. --- Signature --- /s/ /s/ Elizabeth Villalobos, Attorney-in-Fact for Josh D. Paul (2026-04-03)