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Form 144 | Palo Alto Networks(PANW.US)高管拟出售23.55万股股份,价值约4,315.39万美元

Form 144 | Palo Alto Networks(PANW.US) Officer Proposes to Sell 43.15 Million in Common Stocks

Moomoo News ·  Jan 3 15:58

SEC FILLINGS DISCLOSED/ Jan 3, $Palo Alto Networks (PANW.US)$ Officer Nikesh Arora intends to sell 235.49K shares of its common stock on Jan 3, with a total market value of approximately $43.15 million.

Nikesh Arora has reduced shareholding in $Palo Alto Networks (PANW.US)$ by 458.26K shares since Oct 10, 2024, with a total value of approximately $98.22 million.

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What is Form 144?

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.

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