Palo Alto Networks, Inc. officer William D Jenkins Jr. filed a Form 144 notice on November 2, 2026, disclosing a proposed sale of 18,222 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services.

Key Highlights

  • Proposed shares: 18,222 shares of Palo Alto Networks common stock are proposed to be sold.
  • Aggregate market value: The filing lists an aggregate market value of $6,666,883.14 for the proposed sale.
  • Source of shares: The shares were acquired on November 1, 2025, through Performance Stock Units granted by the issuer.
  • Approximate sale date: The proposed sale is dated November 2, 2026, on the NASDAQ exchange.
  • 10b5-1 plan: The filing indicates a Rule 10b5-1 plan adoption date of June 28, 2026.
  • Prior sales: The filing reports nothing to report for securities sold during the past three months.
  • Shares outstanding: The filing states 818,000,000 shares of common stock outstanding.

Jenkins Files Rule 144 Notice for Performance Stock Unit Shares

According to the Form 144 filing, William D Jenkins Jr., identified as an officer of Palo Alto Networks, Inc. (NASDAQ:PANW), has provided notice of a proposed sale of 18,222 shares of the company's common stock. The filing lists an aggregate market value of $6,666,883.14 for those shares, with the approximate date of sale given as November 2, 2026. The broker identified in the notice is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

The filing discloses that the shares subject to the proposed sale were acquired on November 1, 2025, through a Performance Stock Unit transaction, with the issuer listed as the person from whom the securities were acquired. The date of payment is also listed as November 1, 2025, with the nature of payment noted as N/A. The filing states that 818,000,000 shares of common stock were outstanding at the time of filing.

Jenkins indicated, by signing the notice, reliance on a Rule 10b5-1 plan, with an adoption date of June 28, 2026. The filing further states that there is nothing to report with respect to securities sold during the past three months by the person for whose account the securities are to be sold. The notice was signed by William D Jenkins Jr. and dated November 2, 2026.

What Was Disclosed

The Form 144 notice covers a proposed sale of 18,222 Palo Alto Networks common shares by officer William D Jenkins Jr., valued at $6,666,883.14 in aggregate, with shares sourced from a Performance Stock Unit award acquired November 1, 2025, under a 10b5-1 plan adopted June 28, 2026.