Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on an end-customer's network and instances in public or private cloud environments, as a virtual or a physical appliance; and virtual system upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, uniform resource locator filtering, laptop and mobile device protection, and firewall; and DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security analytics and automation, and threat intelligence and cyber security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. Palo Alto Networks, Inc. sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.

Palo Alto Networks, Inc.

Initial Statement of Beneficial Ownership

Derivative Disposition Under Employee Benefit Plan

Insider	Title	Transaction Type	Shares Traded	% of Shares Traded	% Chg. in Shares	End of Filing Shares	Price	Transaction Value	Filing Date	Transaction Date
Lee Klarich	Executive VP, Chief Product Officer, CTO & Director Show All	Derivative Exercise and Sale (Derivative Exercise and Sale)	-92.0K	-0.0132%	—	1.0M	32.3 - 192.7	-14.7M	04 Dec 2025	03 Dec 2025 - 03 Dec 2025
Lee Klarich	Executive VP, Chief Product Officer, CTO & Director Show All	Automatic Disposition (Automatic Disposition)	-28.8K	-0.004126%	-2.7%	1.0M	192.7 - 193.5	-5.6M	04 Dec 2025	03 Dec 2025 - 03 Dec 2025
Lee Klarich	Executive VP, Chief Product Officer, CTO & Director Show All	Sale	-120.8K	—	—	—	193.6 - 193.6	-23.4M	03 Dec 2025	03 Dec 2025 - 03 Dec 2025
Josh D. Paul	Senior VP & Chief Accounting Officer Show All	Automatic Disposition (Automatic Disposition)	-700.0	-0.0001%	-1.8%	37.7K	189.4 - 189.4	-132.6K	02 Dec 2025	01 Dec 2025 - 01 Dec 2025
Mark A. Goodburn	Director Show All	Initial Statement of Beneficial Ownership (Initial Statement of Beneficial Ownership)	—	—	—	784.0	—	—	02 Dec 2025	18 Nov 2025 - 18 Nov 2025
Dipak Golechha
Josh D. Paul
Josh D. Paul
Josh D. Paul
William D. Jenkins
William D. Jenkins
Lee Klarich
Lee Klarich
Lee Klarich
Lee Klarich
Dipak Golechha
Dipak Golechha
Dipak Golechha
Nikesh Arora
Nikesh Arora
Nikesh Arora
Lee Klarich
Lee Klarich
Lee Klarich
Lee Klarich
Josh D. Paul
Nir Zuk
Dipak Golechha
Nikesh Arora
Josh D. Paul