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sellModerate cluster of 510b5-1 plan

Dipak Golechha sold $11M of PANW

EVP, Chief Financial Officer at Palo Alto Networks Inc. 27,500 shares at an average of $391.61, traded Sep 24, 2026, filed Sep 28, 2026.

Warning score
47
Value
$11M
27,500 shares
Holdings after
117,750
-19% from before
From 52-week low
+175%
low $141.67, close $389.92
From 52-week high
-2%
high $396.00, as of Sep 24, 2026

Score components

  • Role
    CFO
    +22
  • Trade size
    $10.8M at market
    +25
  • Share of holdings sold
    Sold 19% of holdings
    +5
  • Cluster
    5 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

PANWOct 9, 2026 · close 418.78
Since filing Sep 28, 2026: +6.8%SPY +1.7% · excess +5.1%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001852540-26-000007, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-900$388.69$350k144,35014 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-2,160$389.85$842k142,19014 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-9,539$390.66$3.7M132,65114 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-5,301$391.71$2.1M127,35014 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-6,400$392.71$2.5M120,95014 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-2,200$393.58$866k118,75014 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-900$394.98$355k117,85014 d ago
Sep 24, 2026SOpen-market sale
Common Stock10b5-1
-100$396.21$40k117,75014 d ago

Related signals

Other insiders at Palo Alto Networks Inc and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
33Weak
PANWsell 2
Palo Alto Networks Inc
Aparna Bawa
director
$103k
250 shares
-5%
21Weak
PANWsell 410b5-1
Palo Alto Networks Inc
Josh D. Paul
Chief Accounting Officer
$158k
400 shares
-1%
40Moderate
PANWsell 5
Palo Alto Networks Inc
Aparna Bawa
director
$102k
260 shares
-5%
75Notable
PANWsell 5
Palo Alto Networks Inc
James J Goetz
director
$7.5M
20,000 shares
-100%
54Moderate
PANWsell 5
Palo Alto Networks Inc
Aparna Bawa
director
$562k
1,500 shares
-23%
59Moderate
PANWsell 5
Palo Alto Networks Inc
John P. Key
director
$940k
2,500 shares
-20%
25Weak
PANWsell 310b5-1
Palo Alto Networks Inc
Josh D. Paul
Chief Accounting Officer
$336k
900 shares
-1%
43Moderate
PANWsell 210b5-1
Palo Alto Networks Inc
Nikesh Arora
Chief Executive Officer
$173M
846,408 shares
-75%
35Weak
PANWsell 210b5-1
Palo Alto Networks Inc
Dipak Golechha
EVP, Chief Financial Officer
$1.0M
5,000 shares
-5%
15Weak
PANWsell10b5-1
Palo Alto Networks Inc
Lee Klarich
EVP Chief Product & Tech Ofcr
$23M
120,774 shares
-40%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Dipak Golechha sold $11M of PANW | InsiderTell