Josh D. Paul, Chief Accounting Officer of Palo Alto Networks Inc., filed a statement of changes in beneficial ownership on August 24, 2026, reporting a share-withholding transaction dated August 21, 2026, tied to the vesting of previously reported restricted stock units.

Key Highlights

  • Reporting person: Josh D. Paul, identified as Chief Accounting Officer of Palo Alto Networks Inc.
  • Transaction type: 1,529 shares of Common Stock disposed of (Code F) at $349.56 per share on August 21, 2026.
  • Nature of transaction: Shares were withheld by the issuer to satisfy income tax, withholding, and remittance obligations connected to RSU vesting and net settlement, according to the filing.
  • Remaining ownership: Following the transaction, Paul directly held 74,254 shares of Common Stock, according to the filing.
  • Filing date: The statement was filed August 24, 2026, signed by Elizabeth Villalobos as Attorney-in-Fact for Josh D. Paul.

Share Withholding at RSU Vesting for Palo Alto Networks Chief Accounting Officer

According to the filing, Josh D. Paul, Chief Accounting Officer at Palo Alto Networks Inc. (NASDAQ:PANW), a cybersecurity company headquartered at 3000 Tannery Way, Santa Clara, California 95054, reported a single non-derivative transaction on August 21, 2026. The transaction involved 1,529 shares of Common Stock disposed of at a price of $349.56 per share under transaction Code F, which designates payment of an exercise price or tax liability by delivering or withholding securities.

The filing's footnote states explicitly: "This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units." Following this disposition, Paul's directly held beneficial ownership in Palo Alto Networks Common Stock stood at 74,254 shares, as reported in Table I of the filing. No derivative securities transactions were reported in Table II.

The statement was filed by one reporting person, as indicated in section 6 of the form. Elizabeth Villalobos signed the filing as Attorney-in-Fact for Josh D. Paul on August 24, 2026. No amendment date was listed, indicating this is an original filing rather than a revision of a prior report.

What Was Disclosed

Palo Alto Networks disclosed that its Chief Accounting Officer had 1,529 shares withheld by the company at $349.56 per share on August 21, 2026, to cover tax obligations from RSU vesting, leaving him with direct beneficial ownership of 74,254 shares.