KLARICH LEE

PrivateCIK: 1682260
Location

SANTA CLARA, CA

KLARICH LEE (EVP, Chief Product Officer) sold 26.9% of their position (120.77K shares) of PALO ALTO NETWORKS INC on the open market

Open‑market sale worth $23.18M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 7 sales
InsiderKLARICH LEECIK 1682260
IssuerPALO ALTO NETWORKS INCCIK 1327567
Officer· EVP, Chief Product Officer
Since Jul 2018
-120.77K
Net shares
Net seller
$23.18M
Total sold
7
Open market trades
0B · 7S
9
Total transactions
92.01K acquired · 212.78K disposed
Non-Derivative Transactions8

Common Stock

Direct
M · Option Exercise

Shares

+92.01K

Price / share

$32.25

Trade value

$2.97M

% of position

25.8%
12/3/2025
356.41K448.42K

Common Stock

Direct
S · Sale

Shares

2.14K

Price / share

$187.38

Trade value

$400.43K

% of position

0.5%
12/3/2025
448.42K446.28K

Common Stock

Direct
S · Sale

Shares

7.59K

Price / share

$188.85

Trade value

$1.43M

% of position

1.7%
12/3/2025
446.28K438.69K

Common Stock

Direct
S · Sale

Shares

8.60K

Price / share

$189.57

Trade value

$1.63M

% of position

2.0%
12/3/2025
438.69K430.09K

Common Stock

Direct
S · Sale

Shares

19.67K

Price / share

$190.71

Trade value

$3.75M

% of position

4.6%
12/3/2025
430.09K410.42K

Common Stock

Direct
S · Sale

Shares

6.90K

Price / share

$191.50

Trade value

$1.32M

% of position

1.7%
12/3/2025
410.42K403.52K

Common Stock

Direct
S · Sale

Shares

53.76K

Price / share

$192.74

Trade value

$10.36M

% of position

13.3%
12/3/2025
403.52K349.77K

Common Stock

Direct
S · Sale

Shares

22.12K

Price / share

$193.46

Trade value

$4.28M

% of position

6.3%
12/3/2025
349.77K327.64K
Total

Net shares

28.76K

Net value

-$20.21M

Derivative Transactions1

Stock Option (right to buy)

Direct
M · Option Exercise
Converts to

Common Stock

92.01K shares

Shares

92.01K

Strike price

32.25

Held after

92.01K

Exercisable

12/3/2025
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect
Shares owned690K
Total
690K indirect690K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
KLARICH LEE — Insider Transaction (Form 4) Filed Dec 4, 2025 | Finecho