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Form 144 | Palo Alto Networks(PANW.US)高管拟出售12万股股份,价值约2,154万美元

Form 144 | Palo Alto Networks(PANW.US) Officer Proposes to Sell 21.54 Million in Common Stocks

Moomoo News ·  Jan 6 17:25

SEC FILLINGS DISCLOSED/ Jan 6, $Palo Alto Networks (PANW.US)$ Officer Lee Klarich intends to sell 120K shares of its common stock on Jan 6, with a total market value of approximately $21.54 million.

Lee Klarich has reduced shareholding in $Palo Alto Networks (PANW.US)$ by 180K shares since Oct 4, 2024, with a total value of approximately $65.39 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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