Palo Alto Networks announces 2-for-1 stock split, equity plan increase, and shareholder votes

Palo Alto Networks Inc

Two-for-one stock split effective Dec 12; split-adjusted trading begins Dec 16.
Shareholders approved amendment to 2021 Equity Incentive Plan, adding 3M shares pre-split (6M post-split).
Directors Key, McCarthy, Zuk elected; Key had 32.8M votes against (15% of votes cast).
Say-on-pay passed with 116M for vs 112M against (narrow approval); frequency set at one year.
Ernst & Young ratified as auditor; shareholder climate proposal rejected with 199M against.

item 5.02 item 5.03 item 5.07 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Palo Alto Networks Inc: 公司修订了注册证书以实施2-for-1股票分割，将授权普通股从10亿股增加到20亿股，于2024年12月12日生效 (effective 2024-12-12).

Change: charter amendment
Effective: 2024-12-12

Exact text from the filing

On November 20, 2024, the Company announced that its Board of Directors had approved a two-for-one stock split (the “ Stock Split ”) of its outstanding shares of common stock to be effected through an amendment to the Company’s Restated Certificate of Incorporation (the “ Amendment ”). The Company filed the Amendment with the Secretary of State of the State of Delaware to effect the Stock Split and proportionately increase the number of shares of the Company’s authorized common stock from 1.0 billion to 2.0 billion. The Amendment, which became effective at 4:01 p.m. Eastern Standard Time on December 12, 2024, is filed as Exhibit 3.1 hereto.

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Source: SEC EDGAR

accession 0001193125-24-277082

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