Form 4 | Palo Alto Networks Inc Officer Nikesh Arora sold 790,196 Shares.
Filings Track
02-19
Nikesh Arora, CEO and Director of Palo Alto Networks Inc, conducted several transactions from February 3rd to February 4th, 2025. He exercised options to acquire 490,723 shares on February 3rd and sold 387,725 shares. On February 4th, he exercised additional options to acquire 297,673 shares and sold 402,471 shares, totaling to a sale of 790,196 shares. Large-scale sales by executives are often seen as bearish signals, potentially indicating the stock is overvalued.