$PANW · Palo Alto Networks Inc
Palo Alto Networks director James J. Goetz reported the sale of 20,000 shares across 11 transactions at prices ranging from $372.51 to $382.69, generating total proceeds of $7,533,686.03. Post-transaction, Goetz holds zero shares. No 10b5-1 plan was indicated.
- Director James J. Goetz sold 20,000 shares across 11 transactions at prices ranging from $372.51 to $382.69.
- Total proceeds: $7,533,686.03, with post-transaction ownership dropping to zero shares.
- No 10b5-1 trading plan was indicated — sales were discretionary.
- Goetz is a non-executive director, not an officer or 10% owner.
- The sales occurred in a single filing, suggesting a coordinated liquidation of his entire PANW position.
PANW closed the regular session at $371.76, up 2.25%. The filing was submitted after hours; the stock's after-hours move is not yet reflected. Director liquidations to zero are notable but often less impactful for non-executive board members at a $303B market-cap company.
A director selling 100% of his position without a pre-arranged trading plan is a stronger signal than routine diversification sales, though Goetz is non-executive.
_Not applicable._
Director liquidating entire position without a 10b5-1 plan may signal reduced confidence, though non-executive directors often have limited visibility into operations.
Get filings like this before the market reacts.
Real-time SEC filing alerts, AI summaries, and a free daily digest — plus portfolio tracking that ties filings to your positions.