Summary by Moomoo AI
Palo Alto Networks, Inc. officer Nikesh Arora is set to sell 163,174 common shares of the company, with an aggregate market value of approximately $60,049,663.74, on 08/20/2024. These shares were originally acquired on 06/07/2018 as stock options compensation from the issuer. The transaction is part of a pre-planned trading strategy adopted on 03/27/2024. Over the past three months, Arora has sold a total of 133,334 shares, generating gross proceeds of $44,688,259.64.