Summary by Moomoo AI
Palo Alto Networks, Inc. officer Nikesh Arora is set to sell 66,166 shares of common stock on 08/13/2024, as announced by the company. These shares, valued at approximately $22,048,496.18, were originally acquired on 06/07/2018 as part of compensation through stock options. The transaction is part of a pre-arranged trading plan adopted on 03/27/2024. This planned sale follows a recent transaction history where a total of 67,168 shares were sold in the past three months, generating gross proceeds of $22,602,650.95.
