Palo Alto Networks grants 2.7M equity awards, updates plan availability

Palo Alto Networks Inc

On Nov 10, 2025, granted 2,735,105 shares under 2021 Equity Incentive Plan; max payout up to 2,958,667 shares.
After grants, 24,341,864 shares remain available for grant under the 2021 Plan.
Total outstanding awards under 2012 and 2021 plans: 26,116,221 shares as of Nov 17, 2025.
Stock options outstanding: 184,020 with weighted-average exercise price $32.25/share, remaining duration 0.42 years.
Restricted stock units outstanding: 25,932,201 shares.

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