---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-119729"
form_type: "8-K"
ticker: "PANW"
cik: "0001327567"
company_name: "Palo Alto Networks Inc"
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:20:59.983575+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# CyberArk Sets Combination Settlement for 0.00% Convertible Notes due 2030

## Summary
- On March 23, 2026, CyberArk notified holders of its 0.00% Convertible Senior Notes due 2030 of a change in the Default Settlement Method.
- The new settlement method is Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount for conversions on or after March 23, 2026.
- The conversion settlement change will apply until the Company modifies the Settlement Method in accordance with the Indenture.
- Palo Alto Networks is a party to the Supplemental Indenture as a guarantor of the notes.

## SEC filing metadata
- accession: 0001193125-26-119729
- form_type: 8-K
- ticker: PANW
- cik: 0001327567
- company_name: Palo Alto Networks Inc
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327567/000119312526119729/0001193125-26-119729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327567/000119312526119729/d84927d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-119729
- JSON: https://secwatch.observer/filing/0001193125-26-119729.json
- Plain text: https://secwatch.observer/filing/0001193125-26-119729.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.