How much PANW stock has Nikesh Arora sold?

Between Jul 01, 2024 and Jun 30, 2026, Nikesh Arora sold $895.9M of Palo Alto Networks, Inc. (PANW) stock in 102 open-market sales, all of them under a pre-arranged Rule 10b5-1 trading plan. The largest single sale was $77.6M on Sep 23, 2025.

Has Nikesh Arora bought PANW stock?

Yes: 2 open-market purchases worth $10M between Jul 01, 2024 and Jun 30, 2026. The largest was $10M on Mar 27, 2026, at about $146.87 a share.

Are Nikesh Arora's stock sales planned in advance?

100% of the sales on record (102 of 102) were marked on the Form 4 as made under a Rule 10b5-1 plan, which fixes dates or amounts months ahead so the sale is not a reaction to that day's news. A planned sale says nothing about where the stock is going.

Where does this data come from?

From SEC's quarterly Form 3, 4 and 5 data sets. Company insiders like Nikesh Arora — SEC lists the filer as "Arora Nikesh", role Chief Executive Officer — must report a trade in their company's stock within two business days. Only open-market purchases (code P) and sales (code S) are counted; grants, option exercises and gifts are not.

Company insider · SEC Form 4

Nikesh Arora

Palo Alto Networks, Inc. (PANW)

SEC Form 4 data · Jul 01, 2024 – Jun 30, 2026

Nikesh Arora's stock sales and purchases

Every open-market purchase and sale Nikesh Arora reported on Form 4 over two years, as SEC lists the filer: “Arora Nikesh”. Grants, option exercises and gifts are not trades and are left out.

Bought: $10M
Sold: $895.9M
Trades: 104
Sales on a 10b5-1 plan: 100%

PANWPalo Alto Networks, Inc.Chief Executive Officer

2 purchases worth $10M and 102 sales worth $895.9M (all on a 10b5-1 plan). Largest sale: $77.6M on Sep 23, 2025. Largest purchase: $10M on Mar 27, 2026.

Quarter	Bought	Sold
Q1 2026	+$10M2 buys	—
Q3 2025	—	−$172.7M7 sales · all on a plan
Q2 2025	—	−$133.3M18 sales · all on a plan
Q1 2025	—	−$432.4M49 sales · all on a plan
Q4 2024	—	−$30M4 sales · all on a plan
Q3 2024	—	−$127.5M24 sales · all on a plan

Most recent trades30 of 104

Nikesh Arora
Chief Executive Officer · Director
+$10M
Mar 27, 2026
67,985 sh · $146.87
Nikesh Arora
Chief Executive Officer · Director
+$14.7K
Mar 27, 2026
100 sh · $147.48
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$77.6M
Sep 23, 2025
382,040 sh · $203.10
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$51.5M
Sep 23, 2025
251,559 sh · $204.64
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$22.5M
Sep 23, 2025
110,592 sh · $203.69
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$9.7M
Sep 23, 2025
47,064 sh · $206.85
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$6.7M
Sep 23, 2025
32,463 sh · $205.63
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$3.9M
Sep 23, 2025
18,669 sh · $207.63
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$837.8K
Sep 23, 2025
4,021 sh · $208.35
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$13.5M
Apr 03, 2025
81,510 sh · $165.75
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$11.9M
Apr 03, 2025
71,272 sh · $167.65
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$9.3M
Apr 03, 2025
56,076 sh · $166.70
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$7.2M
Apr 03, 2025
44,182 sh · $163.65
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$6.5M
Apr 03, 2025
39,501 sh · $164.69
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$723.5K
Apr 03, 2025
4,297 sh · $168.38
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$15M
Apr 02, 2025
86,586 sh · $172.76
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$9.6M
Apr 02, 2025
55,147 sh · $173.62
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$9.4M
Apr 02, 2025
54,560 sh · $171.89
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$2.9M
Apr 02, 2025
16,799 sh · $174.43
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$1.6M
Apr 02, 2025
9,589 sh · $170.96
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$426.7K
Apr 02, 2025
2,532 sh · $168.54
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$373.6K
Apr 02, 2025
2,201 sh · $169.72
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$16.3M
Apr 01, 2025
95,562 sh · $170.13
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$12.9M
Apr 01, 2025
76,159 sh · $169.41
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$7.3M
Apr 01, 2025
43,151 sh · $168.28
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$4.8M
Apr 01, 2025
28,120 sh · $171.26
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$3.5M
Apr 01, 2025
21,152 sh · $167.51
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$4.8M
Mar 05, 2025
26,549 sh · $181.55
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$4.1M
Mar 05, 2025
22,454 sh · $180.71
Nikesh Arora10b5-1
Chief Executive Officer · Director
−$3.8M
Mar 05, 2025
20,864 sh · $182.48

Date	Insider	Shares	Price	Value
Mar 27, 2026	Nikesh AroraChief Executive Officer · Director	67,985	$146.87	+$10M
Mar 27, 2026	Nikesh AroraChief Executive Officer · Director	100	$147.48	+$14.7K
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	382,040	$203.10	−$77.6M
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	251,559	$204.64	−$51.5M
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	110,592	$203.69	−$22.5M
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	47,064	$206.85	−$9.7M
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	32,463	$205.63	−$6.7M
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	18,669	$207.63	−$3.9M
Sep 23, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	4,021	$208.35	−$837.8K
Apr 03, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	81,510	$165.75	−$13.5M
Apr 03, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	71,272	$167.65	−$11.9M
Apr 03, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	56,076	$166.70	−$9.3M
Apr 03, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	44,182	$163.65	−$7.2M
Apr 03, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	39,501	$164.69	−$6.5M
Apr 03, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	4,297	$168.38	−$723.5K
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	86,586	$172.76	−$15M
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	55,147	$173.62	−$9.6M
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	54,560	$171.89	−$9.4M
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	16,799	$174.43	−$2.9M
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	9,589	$170.96	−$1.6M
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	2,532	$168.54	−$426.7K
Apr 02, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	2,201	$169.72	−$373.6K
Apr 01, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	95,562	$170.13	−$16.3M
Apr 01, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	76,159	$169.41	−$12.9M
Apr 01, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	43,151	$168.28	−$7.3M
Apr 01, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	28,120	$171.26	−$4.8M
Apr 01, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	21,152	$167.51	−$3.5M
Mar 05, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	26,549	$181.55	−$4.8M
Mar 05, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	22,454	$180.71	−$4.1M
Mar 05, 2025	Nikesh Arora10b5-1Chief Executive Officer · Director	20,864	$182.48	−$3.8M

From SEC's quarterly Form 3, 4 and 5 data sets through Jun 30, 2026; newer filings appear on each company's page and the live dashboard. A 10b5-1 plan fixes a sale's dates or amounts in advance. Monitoring, not advice.

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Questions

How much PANW stock has Nikesh Arora sold?: Between Jul 01, 2024 and Jun 30, 2026, Nikesh Arora sold $895.9M of Palo Alto Networks, Inc. (PANW) stock in 102 open-market sales, all of them under a pre-arranged Rule 10b5-1 trading plan. The largest single sale was $77.6M on Sep 23, 2025.
Has Nikesh Arora bought PANW stock?: Yes: 2 open-market purchases worth $10M between Jul 01, 2024 and Jun 30, 2026. The largest was $10M on Mar 27, 2026, at about $146.87 a share.
Are Nikesh Arora's stock sales planned in advance?: 100% of the sales on record (102 of 102) were marked on the Form 4 as made under a Rule 10b5-1 plan, which fixes dates or amounts months ahead so the sale is not a reaction to that day's news. A planned sale says nothing about where the stock is going.
Where does this data come from?: From SEC's quarterly Form 3, 4 and 5 data sets. Company insiders like Nikesh Arora — SEC lists the filer as "Arora Nikesh", role Chief Executive Officer — must report a trade in their company's stock within two business days. Only open-market purchases (code P) and sales (code S) are counted; grants, option exercises and gifts are not.

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