KLARICH LEE

PrivateCIK: 1682260
Location

SANTA CLARA, CA

KLARICH LEE (EVP, Chief Product Officer) sold 28.8% of their position (120.77K shares) of PALO ALTO NETWORKS INC on the open market

Open‑market sale worth $23.07M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 5 sales
InsiderKLARICH LEECIK 1682260
IssuerPALO ALTO NETWORKS INCCIK 1327567
Officer· EVP, Chief Product Officer
Since Jul 2018
-120.77K
Net shares
Net seller
$23.07M
Total sold
5
Open market trades
0B · 5S
7
Total transactions
92.01K acquired · 212.78K disposed
Non-Derivative Transactions6

Common Stock

Direct
M · Option Exercise

Shares

+92.01K

Price / share

$32.25

Trade value

$2.97M

% of position

28.1%
1/8/2026
327.64K419.65K

Common Stock

Direct
S · Sale

Shares

12.62K

Price / share

$189.60

Trade value

$2.39M

% of position

3.0%
1/8/2026
419.65K407.04K

Common Stock

Direct
S · Sale

Shares

46.19K

Price / share

$190.69

Trade value

$8.81M

% of position

11.3%
1/8/2026
407.04K360.84K

Common Stock

Direct
S · Sale

Shares

54.88K

Price / share

$191.47

Trade value

$10.51M

% of position

15.2%
1/8/2026
360.84K305.96K

Common Stock

Direct
S · Sale

Shares

6.71K

Price / share

$192.38

Trade value

$1.29M

% of position

2.2%
1/8/2026
305.96K299.25K

Common Stock

Direct
S · Sale

Shares

367.00

Price / share

$193.16

Trade value

$70.89K

% of position

0.1%
1/8/2026
299.25K298.89K
Total

Net shares

28.76K

Net value

-$20.10M

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

0.00

Exercisable

1/8/2026
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect
Shares owned640K
Total
640K indirect640K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
KLARICH LEE — Insider Transaction (Form 4) Filed Jan 12, 2026 | Finecho