Palo Alto (PANW)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-14 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: 2026-09-14 | Code: S (Open market sale) Shares: -1,000 | Price: $373.61 Total Value: $373,605.00 Shares Owned After: 5,437 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F1] 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: 2026-09-15 | Code: S (Open market sale) Shares: -500 | Price: $377.18 Total Value: $188,590.00 Shares Owned After: 4,937 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F1] 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 (Complete Index) --- F1: 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 (2026-09-16)