secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001193125-25-291350
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000119312525291350/0001193125-25-291350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000119312525291350/d882056d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-291350

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer