{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-157474","form_type":"8-K","ticker":"PANW","cik":"0001327567","company_name":"Palo Alto Networks Inc","filed_at":"2022-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.243306+00:00","generated_at":"2026-06-25T08:08:33.251172+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Palo Alto Networks switches to majority voting for directors; creates deferred comp plan for executives","bullets":["Board adopted majority voting standard for director elections (more for than against); incumbent directors failing to secure majority must tender resignation.","If director fails to receive majority, resignation considered by ESG/Nominating Committee within 90 days; Board must disclose decision in SEC filing.","Also adopted Deferred Compensation Plan for VP+ employees, including executive officers, allowing deferral of salary, bonuses, commissions, RSUs, and PSUs.","Deferred amounts are unfunded and unsecured; investment options include notional shares of PANW common stock.","Equity deferrals vest upon satisfaction of underlying award conditions; payments in shares from Equity Plan or cash if insufficient shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-157474","json":"https://secwatch.observer/filing/0001193125-22-157474.json","markdown":"https://secwatch.observer/filing/0001193125-22-157474.md","text":"https://secwatch.observer/filing/0001193125-22-157474.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327567/000119312522157474/0001193125-22-157474-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327567/000119312522157474/d274773d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T08:08:33.251172+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}