{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-169870","form_type":"8-K","ticker":"PANW","cik":"0001327567","company_name":"Palo Alto Networks Inc","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.687436+00:00","generated_at":"2026-05-17T22:12:47.200729+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Palo Alto Networks to acquire CyberArk for 2.2005 PANW shares plus $45 cash per share","bullets":["Merger consideration: 2.2005 PANW shares + $45 cash per CyberArk share; cash from balance sheet.","CyberArk shareholders must approve; expected close by July 30, 2026 (possible extension to Oct 30, 2026).","Termination fees: CyberArk pays $750M if it backs out for superior proposal; PANW pays $1B if regulatory issues prevent close.","Boards of both companies unanimously approved; CyberArk board recommends to shareholders.","Transaction subject to customary conditions including HSR and Israeli regulatory approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-169870","json":"https://secwatch.observer/filing/0001193125-25-169870.json","markdown":"https://secwatch.observer/filing/0001193125-25-169870.md","text":"https://secwatch.observer/filing/0001193125-25-169870.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327567/000119312525169870/0001193125-25-169870-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327567/000119312525169870/d804159d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:12:47.200729+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"}