The CFO's $2.08M open-market sale is the largest insider transaction in this cluster and is not clearly tied to a 10b5-1 plan or tax withholding. Monitor for any upcoming earnings pre-announcement or material change in business outlook that could explain the timing.
Price Chart
Executive Summary
Three Palo Alto Networks insiders, including the CFO, sold a total of $2.34M in open-market sales over a one-week window. The CFO's $2.08M sale dominates the cluster. No insider purchases were reported. While the dollar amount is modest relative to PANW's market cap, the CFO selling is notable.
Key Financial Metrics
Key Facts
- CFO Dipak Golechha sold 5,300 shares for $2.08M on 2026-09-24
- Director Aparna Bawa sold 260 shares for $102K on 2026-09-24
- CAO Josh D. Paul sold 400 shares for $158K on 2026-10-01
- Total insider sales: $2.34M, all open-market (code S), no 10b5-1 plan indicated
- No insider open-market purchases in the cluster
Financial Impact
Total insider sales of $2.34M, representing less than 0.1% of PANW's market cap
Risk Factors
- CFO selling a material dollar amount without a disclosed trading plan may signal concern about near-term valuation or business trends
- Cluster of three insiders selling with no insider buying suggests broad-based selling sentiment among senior leadership
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PANW-1791232252882 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Institutional Cluster | $347.25 | awaiting T+20 | — | $394.91 (−13.72%) |
Oct 9, 2026 17d ago | 144 | $403.83 | awaiting T+20 | — | $394.91 (−2.21%) |
Oct 8, 2026 18d ago | 144 | $418.78 | awaiting T+20 | — | $394.91 (−5.70%) |
Oct 5, 2026 21d ago | Insider Cluster | $419.91 | awaiting T+20 | — | $394.91 (+5.95%) |
Sep 28, 2026 29d ago | Insider Cluster | $388.41 | awaiting T+20 | — | $394.91 (−1.67%) |
Sep 28, 2026 29d ago | Insider Cluster | $388.41 | awaiting T+20 | — | $394.91 (+1.67%) |
Sep 21, 2026 5w ago | Insider Cluster | $374.57 $340.28 | ▼ −9.15% | ▼ −8.59% | $394.91 (+5.43%) |
Sep 21, 2026 5w ago | Insider Cluster | $374.57 $340.28 | ▼ −9.15% | ▼ −8.59% | $394.91 (+5.43%) |
Sep 17, 2026 5w ago | ANALYST-DOWNGRADE | $375.06 $370.27 | ▲ +1.28% | ▲ +2.48% | $394.91 (−5.29%) |
Sep 16, 2026 5w ago | Insider Cluster | $375.06 $370.27 | ▼ −1.28% | ▼ −2.73% | $394.91 (+5.29%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers