Lee Klarich

Lee Klarich sells 62,904 shares at $258.65 avg for $16.3M under 10b5-1 plan; post-transaction holds 235,983 shares.

Lee Klarich, EVP Chief Product & Tech Officer, executed 12 separate sales totaling 62,904 shares for $16,270,351.92 on 2026-05-22 under a pre-arranged 10b5-1 trading plan adopted 2025-12-11. The blended average price of $258.65 falls near the 52-week high of $261.41, representing a -5.0% discount from peak. This is a scheduled liquidation, not a discretionary trade, so timing interpretation is not applicable. His cross-ticker track record shows 20 prior sells with an average 90-day return of -15.8%; his five prior PANW sales (all on 2026-01-08) averaged -9.2% to -10.0% at 90 days. The disposition reduces his PANW holding by 21.0% from 298,887 to 235,983 shares—a material reduction but still a substantial retained position given the company's $202.8B market cap and strong fundamentals (14.9% annual revenue growth, $2.6B latest-quarter revenue). The 10b5-1 plan structure removes discretion from this execution.

EVP Klarich Lee sold 120,768 shares of PANW for $23,070,680.72 via scheduled 10b5-1 plan

Klarich Lee executed five separate sales on 2026-01-08 totaling 120,768 shares for $23,070,680.72, reducing his holdings from 419,655 shares to 298,887 shares (-28.8%). The sales occurred at prices ranging from $189.60 to $193.16 with a blended average price of $191.03. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2024-09-27, meaning the sales were scheduled and not discretionary. As a material officer (EVP Chief Product & Tech Officer), Lee's sale of this magnitude warrants investor attention regarding insider equity management at PANW, though the pre-arranged nature removes any timing signal.

PANW EVP Klarich Lee sells 120.8K shares for $23.2M across 7 transactions on 2025-12-03 via pre-arranged 10b5-1 plan

Klarich Lee, EVP Chief Product & Tech Officer, executed 7 separate sales totaling 120.8K shares for $23.2M under a 10b5-1 trading plan adopted on 2024-09-27. The sales spanned prices from $187.38 to $193.46 with a blended average of $191.91, reducing his holdings from 448.4K to 327.6K shares (a 26.9% reduction). As a scheduled transaction under a pre-arranged plan, this sale reflects a predetermined strategy established over a year prior, not a discretionary response to current conditions. The multi-tranche execution across seven price points within a single day indicates coordinated liquidation according to the plan's pre-set parameters rather than spontaneous activity.

EVP Klarich Lee sold 120,774 shares of PANW for $26.3M (6 transactions, 2025-11-03) per pre-arranged 10b5-1 plan.

Klarich Lee, EVP Chief Product & Tech Officer, executed 6 separate sales totaling 120,774 shares for $26,321,979.93 at an average price of $217.94, reducing his holdings by 25.3% from 477,183 shares to 356,409 shares. This transaction was executed under a pre-arranged 10b5-1 trading plan adopted on 2024-09-27, meaning the sales were scheduled and mechanical rather than discretionary decisions. The large dollar volume and systematic execution across multiple price points on the same date reflect the mechanics of a structured divestment plan rather than a tactical market decision. Post-transaction holdings of 356,409 shares remain substantial, indicating continued significant stake in the company despite the substantial reduction.

EVP Klarich Lee sells 120,774 shares (44.7% of holdings) for $25,594,749.17 via 10b5-1 plan on 2025-10-06

Klarich Lee, EVP Chief Product & Technology Officer at Palo Alto Networks, executed 5 separate sales totaling 120,774 shares for $25,594,749.17 at prices ranging from $209.70 to $213.36, with a blended average price of $211.92. This represents a reduction in holdings from 269,964 to 149,190 shares (a -44.7% reduction). The transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2024-09-27, meaning it was scheduled in advance and not discretionary. Post-transaction holdings of 149,190 shares remain material, indicating the executive retains significant stake in the company.

EVP Klarich Lee sold 120,774 shares of PANW for $23,081,150.57 on 2025-09-03 via 10b5-1 plan

Klarich Lee, EVP Chief Product & Tech Officer, executed 5 separate sales totaling 120,774 shares for $23,081,150.57 at prices ranging from $188.60 to $192.22. This transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on 2024-09-27, meaning it was scheduled rather than discretionary. Post-transaction holdings of 177,954 shares represent a significant reduction from pre-transaction holdings of 298,728 shares. As a scheduled plan execution, this sale reflects no timing signal regarding the insider's current conviction in the stock.

Chief Product Officer Klarich Lee sells 120,774 shares for $20,722,616.76 under pre-arranged 10b5-1 plan adopted 2024-09-27.

On 2025-08-04, Klarich Lee (EVP, Chief Product Officer) executed 5 separate sales totaling 120,774 shares at prices ranging from $170.80 to $174.15, generating $20,722,616.76. This represents a reduction of 36.9% versus pre-transaction holdings (from 327,492 shares to 206,718 shares post-transaction). The sales were conducted under a pre-arranged 10b5-1 trading plan adopted 2024-09-27, meaning this activity was scheduled rather than discretionary. The multi-tranche execution across a single trading day at progressively higher prices reflects structured plan mechanics rather than market timing by the executive.

Klarich Lee (CPO) sells 120,774 shares at avg $200.86 for $24.3M under scheduled 10b5-1 plan; retains 235,482 shares.

Klarich Lee, EVP and Chief Product Officer at Palo Alto Networks, executed 3 separate sales totaling 120,774 shares for $24,258,176.33 on 2025-07-07 under a pre-arranged 10b5-1 trading plan adopted on 2024-09-27. This represents a -33.9% reduction from his pre-transaction holdings of 356,256 shares, leaving him with 235,482 shares post-transaction. As this is a scheduled trade under a 10b5-1 plan, the transaction reflects a previously established disposition schedule rather than discretionary timing. Investors should note the substantial magnitude of the divestiture relative to prior holdings, though the continued retention of 235,482 shares indicates ongoing equity exposure at the company.

PANW EVP CPO Klarich Lee sold 120,774 shares for $23.6M via scheduled 10b5-1 plan on 2025-06-04

Klarich Lee executed four separate sales totaling 120,774 shares for $23,568,096.04 at a blended average price of $195.14, reducing his post-transaction holdings to 264,246 shares, a 31.4% reduction from his prior 385,020 shares. This transaction was conducted pursuant to a pre-arranged 10b5-1 trading plan adopted on 2024-09-27, meaning the sales were scheduled rather than discretionary. The multi-tranche execution across different price points on the same date reflects the mechanics of an automated trading program rather than real-time market timing decisions. As a scheduled divestiture tied to a pre-commitment, this sale does not reflect current sentiment or conviction about the company's prospects.

PANW EVP/CPO Klarich Lee sold 120,774 shares for $22.9M in 6 transactions on 2025-05-05

Klarich Lee, serving as EVP and Chief Product Officer at Palo Alto Networks, executed six separate open-market sales totaling 120,774 shares at prices between $186.33 and $190.90, realizing $22,859,093.98. This transaction represents a 29.2% reduction in his documented holdings, from 413,784 to 293,010 shares. The blended average sale price of $189.27 sits approximately 0.6% above the current price of $188.14, and 9.7% below the 52-week high of $208.28. The transaction occurred during a period when the stock has gained 23.4% over the prior 30 days but remains flat on a 90-day basis. His prior five sales at PANW (executed on 2025-04-07) showed subsequent 30-day gains ranging from 18.5% to 28.7%, suggesting his recent sells preceded further price appreciation rather than declines. The substantial size and multi-tranche execution pattern reflect material portfolio activity by a senior product executive, warranting investor awareness of the magnitude and timing context relative to recent stock momentum.