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EdgarHawk

Dipak Golechha

EVP, Chief Financial Officer

Officer

Latest: CFO selling · April 2026

8 filings analyzed · 1 company · Latest 2026-06-24

Companies

Company Buys Sells Direction
Palo Alto Networks Inc PANW 0 24 Net selling

Activity

June 2026
2026-06-24 Palo Alto Networks Inc PANW
low
Sell
5,000 shares
$1,447,825
Significance 3/10

CFO Dipak Golechha sold 5,000 PANW shares for $1,447,824.78 via scheduled 10b5-1 plan, reducing stake 3.3%.

Dipak Golechha, EVP and CFO of Palo Alto Networks, executed 6 separate sales totaling 5,000 shares for $1,447,824.78 on 2026-06-23. The blended average price across all transactions was $289.56, which sits near the current price of $285.26 (+9.5% over 30 days and +82.4% over 90 days). Critically, this transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-05, meaning it was scheduled and not discretionary. At the same ticker, Golechha's recent prior sales on 2026-04-01 showed strong 30-day performance (+12.7%, +14.8%, +13.2%), though longer-term outcomes from those April trades remain unmeasured. The sale reduces his post-transaction holdings to 145,250 shares from 150,250 shares—a modest -3.3% reduction. With the company posting $2.6B in latest quarterly revenue, +14.9% annual growth, and strong net income of $432.0M, the fundamentals remain intact; the sale appears consistent with a previously scheduled liquidity event rather than a signal driven by conviction or concern.

April 2026
2026-04-03 Palo Alto Networks Inc PANW
high
Sell
5,000 shares
$802,077
Significance 6/10

CFO Golechha sells 5,000 PANW shares for $802.1K; all 5 prior PANW sales were well-timed at 90-day mark

Golechha Dipak, EVP and CFO of Palo Alto Networks, executed 3 separate sales totaling 5,000 shares (5.0K shares) for $802,076.70 on 2026-04-01 at blended average price $160.42, reducing holdings from 155,250 shares to 150,250 shares (-3.2% vs pre-transaction holdings). This sale occurred when the stock was trading at -26.3% from its 52-week high of $221.38 and with the 90-day change showing -9.0%. Notably, all 5 of Golechha's prior trades at PANW were well-timed at the 90-day mark, with sales consistently followed by negative 90-day returns (-12.8%, -8.4%, -8.0%, -6.7%, -7.5%), suggesting a consistent pattern of selling before subsequent declines. The current P/E of 103.96 against annual revenue growth of +14.9% provides structural context for evaluating the valuation at which this sale occurred.

December 2025
2025-12-29 Palo Alto Networks Inc PANW
high
Sell
5,000 shares
$940,910
Significance 6/10

CFO Golechha sells 5,000 PANW shares at $188.18; stock now -15.6% from 52-week high; 5 prior PANW sales all showed negative 90-day returns

Golechha, serving as EVP and Chief Financial Officer, sold 5,000 shares of Palo Alto Networks at $188.18 on 2025-12-23, reducing holdings by 3.1% from 160,119 to 155,119 shares. The sale's significance is anchored in the insider's demonstrated pattern: across his 5 prior trades at PANW, all 5 prior sells exhibited negative 90-day returns—a 100% well-timed rate at this ticker—with outcomes ranging from -6.7% to -8.4% in the 90-day windows. The current stock price of $186.85 represents a decline of 15.6% from the 52-week high of $221.38, placing the stock in marked weakness. While the cross-ticker track record shows a 90-day well-timed rate of 58.82% across 17 prior sales (suggesting modest consistency), the prior PANW-specific pattern is notably stronger and suggests the insider has successfully navigated downturns at this specific holding.

September 2025
2025-09-24 Palo Alto Networks Inc PANW
medium
Sell
5,000 shares
$1,020,942
Significance 4/10

CFO Golechha sells 5,000 PANW shares for $1.0M at blended avg $204.19; retains 96.1K shares post-transaction.

Golechha Dipak, EVP and Chief Financial Officer, executed 5 separate sales totaling 5,000 shares for $1,020,942.08 on 2025-09-23 at prices ranging from $203.01 to $206.81, well above the current price of $200.70. His post-transaction holdings of 96.1K shares represent a -4.9% reduction from pre-transaction holdings of 101.1K shares, a material but not majority divestment. Notably, in his prior 5 sales at PANW (all on 2025-06-23), none were well-timed at the 90-day mark; all resulted in positive 90-day returns of +2.2% to +5.2%, meaning the stock rose after those sales. His cross-ticker track record shows a 90-day well-timed rate of 41.67% and average 90-day return of -15.6% across 12 prior sells, indicating mixed historical performance. The timing and context here merit observation, as the insider has established a pattern of selling PANW shares without capturing subsequent upside, though the current sale at prices near the 52-week high of $208.28 (only -3.6% below) warrants monitoring of whether this execution pattern continues.

June 2025
2025-06-24 Palo Alto Networks Inc PANW
high
Sell
5,000 shares
$1,009,244
Significance 7/10

CFO Dipak Golechha sells 5,000 PANW shares in 6 transactions for $1.0M at $201.85 blended avg; prior 4 trades 90d well-timed at 100%

Golechha executed 6 separate sales totaling 5,000 shares for $1,009,243.53 on June 23, 2025, reducing holdings to 101,135 shares from 106,135. His prior trades at PANW show a strong pattern: 4 of 4 measurable prior sells at this ticker were well-timed at the 90-day mark, with all four followed by significant declines (ranging from -38.8% to -54.4% over 90 days). The current stock price of $201.69 is within 3 basis points of the blended sale price of $201.85 and sits 3.2% below the 52-week high of $208.28, suggesting the sales occurred near recent peak levels. The stock is trading at a P/E of 108.44 despite solid fundamentals (16.5% annual revenue growth, $262.1M net income on $2.3B revenue), which creates a valuation backdrop consistent with prior selling opportunities that preceded declines. The timing pattern across his same-ticker history warrants attention as the 90-day post-sale period unfolds.

April 2025
2025-04-09 Palo Alto Networks Inc PANW
high
Sell
5,000 shares
$750,000
Significance 7/10

CFO Golechha sells 5,000 PANW shares at $150.00; prior 5 PANW sells all showed negative 90d returns (100% well-timed).

Golechha, Chief Financial Officer of Palo Alto Networks, sold 5,000 shares at $150.00 on 2025-04-07, reducing holdings from 111,135 to 106,135 shares. This transaction is notable because the CFO's prior trades at PANW show an unusually consistent pattern: all 5 prior sells at this ticker were well-timed at the 90-day mark, with 90-day post-sale returns of -53.4%, -53.2%, -42.4%, -54.4%, and -53.3%, indicating the stock fell after each sale. The current price of $173.02 is -16.9% from the 52-week high of $208.28, though still 15.3% above the transaction price. With a P/E of 91.54 and revenue growth of +16.5%, the stock remains elevated on valuation metrics. The consistency of well-timed execution across the 5 prior PANW sales at the 90-day horizon warrants attention to whether this pattern extends to the current transaction.

December 2024
2024-12-03 Palo Alto Networks Inc PANW
high
Sell
2,500 shares
$975,600
Significance 7/10

CFO Golechha sells 2,500 PANW shares at $390.24 (Dec 2024); prior 4 PANW sales all well-timed with negative 90-day returns averaging -47.9%

Golechha, PANW's CFO, sold 2,500 shares at $390.24 on December 2, 2024, reducing holdings by 3.8% to 64,165 shares. His prior 4 open-market sales at PANW each generated negative 90-day returns (average -47.9%), with 4 of 4 trades well-timed at the 90-day mark. Across his full cross-ticker trading history, his 4 prior sells averaged 90-day return of -47.7% with a 100.00% well-timed rate. The stock now trades at $196.30, down from the $390.24 transaction price, but this occurred after the 2024 transaction. The persistent pattern of well-timed exits at this specific ticker warrants investor attention to whether the CFO's timing instincts continue to forecast price declines.

September 2024
2024-09-05 Palo Alto Networks Inc PANW
high
Sell
2,500 shares
$897,675
Significance 7/10

PANW CFO Golechha sold 2,500 shares at $359.07; stock now $171.87, down 52% from transaction price

Golechha, PANW's CFO, sold 2,500 shares (57.4K remaining) on 2024-09-03 at $359.07, and the stock has since fallen 52% to $171.87 current price. His prior three sales at PANW all proved well-timed at the 90-day mark (returns of -42.4%, -54.4%, and -46.7%), and his cross-ticker track record shows a 100.00% well-timed rate across 3 prior sells with avg 90d return -48.4%. This current transaction presents material significance because it aligns with an established pattern of prescient sales by a senior financial officer at a cybersecurity leader with strong fundamentals (revenue $1,984,800,000.00, net income $278,800,000.00, annual growth +25.3%, P/E 22.73). The subsequent 52% decline suggests the 2024-09-03 sale preceded a substantial repricing of PANW's valuation, raising questions about the forward visibility that informed the CFO's timing despite the company's reported financial strength.

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