Palo Alto Networks CTO Nir Zuk sold 100,000 shares at blended avg $172.80 on 2025-08-01 ($17.3M); stock now -18.8% from 52-wk high.
Nir Zuk, EVP and Chief Technology Officer of Palo Alto Networks, executed 8 separate sales totaling 100,000 shares for $17,280,449.86 on 2025-08-01 at prices ranging from $169.11 to $175.63, with a blended average price of $172.80. This reduces his holdings from 3.24M shares to 3.14M shares—a 3.1% reduction. The timing of this sale is notable: the stock traded from $169.11 to $175.63 during execution, but has since declined to a current price of $169.09, marking an -18.8% retreat from its 52-week high of $208.28 and a -16.2% drop over the prior 30 days. His same-ticker history at PANW shows five prior sells on 2025-07-01, all of which registered significant negative 30-day returns (-11.3% to -14.8%), establishing a recent pattern of selling into weakness at this company. While his cross-ticker track record spans 20 prior open-market sells with a 37.50% well-timed rate and a positive average 90-day return of +8.6%, the more immediate PANW-specific pattern suggests recent insider sales have preceded further declines in the stock.