Director-level sales of this size are routine and non-informative. Monitor for any C-suite open-market selling or a material uptick in director sale volume above $5M+ in a single window, which would warrant closer attention.
Price Chart
Executive Summary
Three Palo Alto Networks directors sold a total of $1.46M in open-market sales over a 7-day window. The sales are modest relative to the company's market cap and involve only directors, not C-suite executives. No 10b5-1 plan indication is present, but the dollar amounts are small and lack the informational signal of officer-level selling.
Key Financial Metrics
Key Facts
- Total insider sales: $1.46M across 3 directors
- Largest sale: Director Key John P. sold 2,500 shares for $940K
- No C-suite (CEO/CFO) participation in the cluster
- All sales are open-market (code S) with no 10b5-1 plan noted
- Sales represent a trivial fraction of PANW's market cap
Financial Impact
$1.46M in total director sales, negligible relative to PANW's ~$100B+ market cap
Risk Factors
- No immediate risk — sales are small and director-level only
- If future filings show C-suite selling, the pattern would become more concerning
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PANW-1790057845148 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Institutional Cluster | $347.25 | awaiting T+20 | — | $402.73 (−15.98%) |
Oct 9, 2026 17d ago | 144 | $403.83 | awaiting T+20 | — | $402.73 (−0.27%) |
Oct 8, 2026 18d ago | 144 | $418.78 | awaiting T+20 | — | $402.73 (−3.83%) |
Oct 5, 2026 21d ago | Insider Cluster | $419.91 | awaiting T+20 | — | $402.73 (+4.09%) |
Sep 28, 2026 29d ago | Insider Cluster | $388.41 | awaiting T+20 | — | $402.73 (−3.69%) |
Sep 28, 2026 29d ago | Insider Cluster | $388.41 | awaiting T+20 | — | $402.73 (+3.69%) |
Sep 21, 2026 5w ago | Insider Cluster | $374.57 $340.28 | ▼ −9.15% | ▼ −8.59% | $402.73 (+7.52%) |
Sep 21, 2026 5w ago | Insider Cluster | $374.57 $340.28 | ▼ −9.15% | ▼ −8.59% | $402.73 (+7.52%) |
Sep 17, 2026 5w ago | ANALYST-DOWNGRADE | $375.06 $370.27 | ▲ +1.28% | ▲ +2.48% | $402.73 (−7.38%) |
Sep 16, 2026 5w ago | Insider Cluster | $375.06 $370.27 | ▼ −1.28% | ▼ −2.73% | $402.73 (+7.38%) |
US Market Status
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