{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-163506","form_type":"8-K","ticker":"PANW","cik":"0001327567","company_name":"Palo Alto Networks Inc","filed_at":"2023-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.423468+00:00","generated_at":"2026-06-14T04:46:50.678081+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Palo Alto Networks CEO Nikesh Arora sells 549,838 shares, adopts 10b5-1 plan for up to 2M more shares","bullets":["CEO sold ~549,838 shares on June 6-7, 2023, including ~474,300 from expiring option exercises.","Adopted Rule 10b5-1 trading plan to sell up to ~2,000,000 additional shares from ~Sept 2023 through ~Aug 2024.","Proceeds will fund option exercises, satisfy tax obligations, and diversify CEO's holdings.","CEO certified no material non-public information at time of sales or plan adoption."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-163506","json":"https://secwatch.observer/filing/0001193125-23-163506.json","markdown":"https://secwatch.observer/filing/0001193125-23-163506.md","text":"https://secwatch.observer/filing/0001193125-23-163506.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327567/000119312523163506/0001193125-23-163506-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327567/000119312523163506/d515129d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T04:46:50.678081+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"}