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 Chief Product & Tech Klarich Lee sold 120,768 shares for $23,070,680.72 in 5 transactions on 2026-01-08

Klarich Lee executed five separate open-market sales totaling 120,768 shares (120.8K shares) for $23,070,680.72 ($23.1M) at blended average price of $191.03, reducing his holdings by 28.8%. The sale occurred while PANW trades at $188.88 current price, down 14.7% from its 52-week high of $221.38 and down 9.0% over the past 90 days. Notably, Lee has a strong cross-ticker track record with a 90d well-timed rate of 100.00% on 20 prior sells, indicating his recent sales have consistently preceded declines; however, his five same-ticker sales at PANW in December 2025 showed early 30-day declines averaging -6.0%, suggesting prior timing accuracy is not transferring cleanly to this position. The large single-day sale volume and reduction of nearly 29% of holdings merit monitoring given the stock's proximity to its 52-week low range and the fundamental valuation constraint (P/E of 118.05 against $2.5B quarterly revenue and 14.9% annual growth).

EVP Klarich Lee sold 120,774 shares (120.8K) for $23,177,225.82 in 7 transactions on 2025-12-03.

Klarich Lee, EVP Chief Product & Tech Officer, executed 7 separate sales totaling 120,774 shares for $23,177,225.82 on 2025-12-03, reducing his holdings by 26.9% from 448,419 to 327,645 shares. The blended average price across all transactions was $191.91, which is below the current price of $195.68 and notably above his trailing 30-day average given the stock's -8.8% decline in that window. His prior trades at PANW show a pattern of consecutive sells on 2025-11-03 (each measuring -10.3% to -12.2% over 30 days), indicating sustained liquidation activity rather than a one-time event. His cross-ticker track record across 20 prior sells shows an average 90-day return of +12.2% post-sale, meaning he historically sold before gains materialized—a poorly-timed pattern reflected in a 33.33% well-timed rate.

EVP Chief Product & Tech Officer sells 120.8K PANW shares for $26.3M across 6 transactions on 2025-11-03

Klarich Lee executed 6 separate sales totaling 120,774 shares for $26,321,979.93 on 2025-11-03, reducing holdings by 25.3% from 477,183 to 356,409 shares at an average price of $217.94 per share. This represents a material reduction in his equity stake, executed at prices near the 52-week high of $221.38 (the blended average of $217.94 is -3.1% from that peak). Lee's cross-ticker track record shows a 90-day well-timed rate of 20.00% across 20 prior sells, but at PANW specifically, the 5 prior sales from 2025-10-06 lack measurable 90-day outcomes yet. The timing of this large liquidation—just weeks after five prior sales at the same ticker—warrants attention from investors monitoring executive sentiment relative to current market valuation (P/E of 125.45) and the stock's recent strong performance (+24.1% over 90 days).

EVP Klarich Lee sells 120,774 shares at $211.92 avg for $25.6M, reducing holdings by 44.7% on 2025-10-06

Klarich Lee, EVP Chief Product & Tech Officer, executed 5 separate sales totaling 120.8K shares for $25.6M on a single day, with prices ranging from $209.70 to $213.36, near the stock's 52-week high of $212.58 (-0.7% from peak). The sales reduced his holdings from 269,964 shares to 149,190 shares, a net reduction of 44.7%. His cross-ticker track record shows a 70% well-timed sell rate (avg 90d return -2.6% after his sells), though his 5 prior trades at PANW all occurred on 2025-09-03 and cannot yet be assessed at the 90-day mark. The company carries a high P/E of 123.42 and recently reported $2.3B quarterly revenue with $262.1M net income (14.9% annual growth), characteristics of a mature, expansive valuation that may warrant heightened attention to insider liquidity decisions.

EVP Chief Product & Tech Officer Lee sells 120,774 shares at blended $191.11 for $23.1M, reducing holdings by 40.4%

Klarich Lee executed five separate sales on 2025-09-03 totaling 120,774 shares for $23,081,150.57, reducing his PANW holdings from 298,728 to 177,954 shares. The transaction prices ranged from $188.60 to $192.22 with a blended average of $191.11. This represents a substantial liquidation of 40.4% of his pre-transaction position by a senior technology officer. Lee's cross-ticker track record shows strong sell timing (83.33% well-timed rate across 20 prior sells), though his five most recent PANW-specific sales from 2025-08-04 are showing 30-day returns between +10.0% and +12.1%, suggesting the stock has risen since those August sales. The current market price of $194.46 sits 1.8% above the blended transaction price, indicating modest post-execution appreciation; however, the stock remains 6.6% below its 52-week high of $208.28.

PANW EVP CPO Klarich Lee sold 120.8K shares for $20.7M in 5 separate transactions at $169.09–$174.15, reducing holdings by 36.9%

Klarich Lee, EVP and Chief Product Officer at Palo Alto Networks, executed 5 separate sales totaling 120,774 shares for $20,722,616.76 on 2025-08-04, with a blended average price of $171.58, reducing his post-transaction holdings to 206,718 shares (36.9% reduction from prior holdings of 327,492 shares). The timing coincides with a period of stock weakness: PANW is currently trading at $169.09, down 18.8% from its 52-week high of $208.28 and down 16.2% over the past 30 days. Notably, across his cross-ticker open-market history, this insider's sells have had an average 90-day return of +14.4% and a well-timed rate of 46.15%, but his prior trades specifically at PANW (5 measurable trades) show mixed recent outcomes with 30-day returns of +3.0% and +2.6% on June 2025 sales, and no yet-measurable 90-day results on July 2025 sales. The substantial reduction in share count (120.8K shares, representing more than one-third of prior holdings) merits monitoring, though the lack of measurable outcomes from his most recent PANW trades limits the ability to assess whether the timing pattern established elsewhere in his portfolio applies to this transaction.

EVP/CPO Klarich Lee sold 120,774 shares for $24,258,176.33 across 3 transactions on 2025-07-07; reduces holdings 33.9% to 235,482 shares

Klarich Lee, EVP and Chief Product Officer, executed 3 separate sales totaling 120,774 shares for $24,258,176.33 at prices ranging from $200.33 to $201.84 (blended average $200.86), reducing his holdings by 33.9% from 356,256 to 235,482 shares. The transaction occurred near PANW's 52-week high of $208.28, with current price at $206.06. His prior 5 trades at PANW (all in May–June 2025) have produced modest near-term returns of 2.0%–4.1% at the 30-day mark, but measurable 90-day outcomes are not yet available for any of these recent trades. Across his broader cross-ticker trading history, his 20 prior sells averaged a 0.00% well-timed rate at the 90-day mark, indicating his historical sell decisions have not preceded stock declines. The material reduction in a senior executive's stake warrants investor attention to whether this reflects strategic portfolio activity or other factors, particularly given the executive's direct role in product strategy at a cybersecurity firm with a P/E of 110.78.

PANW CPO Klarich Lee sells 120,774 shares for $23.6M across 4 transactions on 2025-06-04

Klarich Lee, EVP and Chief Product Officer at Palo Alto Networks, executed 4 separate sales totaling 120,774 shares for $23,568,096.04 at an average price of $195.14 on June 4, 2025, reducing his holdings by 31.4% from 385,020 shares to 264,246 shares. This represents a material reduction in his executive position, executed across multiple price points ($193.94 to $196.72). The transaction occurred with the stock near its 52-week range and trading 4.2% below the 52-week high of $208.28. His prior sales at PANW have shown modest 30-day returns (+1.7% to +4.2% across 5 recent May transactions), though the 90-day outcome data is not yet measurable for those trades. The scale of this divestiture—liquidating roughly one-third of his holdings—and his senior product leadership role warrant investor attention to understand whether this reflects portfolio management or signals regarding 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.