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Palo Alto Networks(PANW.US) Officer Sells US$22.87 Million in Common Stock

Moomoo News ·  Sep 6 16:38

$Palo Alto Networks (PANW.US)$ Officer Arora Nikesh sold 66,666 shares of common stock on Sep 4, 2024 at an average price of $342.983 for a total value of $22.87 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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