# EDGAR Filing Document

**Accession Number:** 0001327567
**File Stem:** 0001193125-25-291350
**Filing Date:** 2025-11
**Character Count:** 5406
**Document Hash:** 79145712ebfee2b5df6b15603e634fd6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-291350.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001193125-25-291350

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20251121

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Palo Alto Networks Inc
- **CENTRAL INDEX KEY:** 0001327567
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 202530195
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35594
- **FILM NUMBER:** 251507914

**BUSINESS ADDRESS:**
- **STREET 1:** 3000 TANNERY WAY
- **CITY:** SANTA CLARA
- **STATE:** CA
- **ZIP:** 95054
- **BUSINESS PHONE:** 408-753-4000

**MAIL ADDRESS:**
- **STREET 1:** 3000 TANNERY WAY
- **CITY:** SANTA CLARA
- **STATE:** CA
- **ZIP:** 95054

?xml version='1.0' encoding='ASCII'? 8-K

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of The Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported) November 21, 2025

## PALO ALTO NETWORKS, INC.

#### (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-35594** | **20-2530195** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

#### 3000 Tannery Way

#### Santa Clara, California 95054

#### (Address of principal executive office, including zip code)
(408) 753-4000

#### (Registrant's telephone number, including area code)

#### Not Applicable

#### (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol(s)** | **Name of each exchange<br>on which registered** |
| Common stock, $0.0001 par value per share | PANW | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

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| | |
|:---|:---|
| **Item 8.01** | **Other Events.**  |

---

On November 7, 2025, Palo Alto Networks, Inc. (the "Company") filed its definitive proxy statement (the "Proxy Statement") for the Company's 2025 Annual Meeting of Shareholders to be held on December 9, 2025. The following information supplements the disclosures set forth in the Proxy Statement.

On November 10, 2025, the Company granted additional equity awards totaling 2,735,105 shares of the Company's common stock under the Company's 2021 Equity Incentive Plan (the "2021 Plan"), with a maximum potential payout of up to 2,958,667 shares. Following these grants, 24,341,864 shares remained available for grant under the 2021 Plan. Additionally, 26,116,221 shares are subject to outstanding awards under the Company's 2012 Equity Incentive Plan and the 2021 Plan.

*Additional Equity Plan Information* 

The following table provides certain additional information regarding the Company's equity compensation plans as of the latest practicable date prior to this filing, excluding the Company's 2012 Employee Stock Purchase Plan:

---

| | |
|:---|:---|
| | **As of 11/17/2025** |
|  Total Stock Options (including Performance-Based Stock Options) Outstanding | 184020 |
|  Weighted-Average Exercise Price of Stock Options Outstanding | $32.25 per share |
|  Weighted-Average Remaining Duration of Stock Options Outstanding | 0.42 years |
|  Total Restricted Stock Units (including Performance-Based Restricted Stock Units) Outstanding | 25932201 |
|  Total Shares Available for Grant under the 2021 Equity Incentive Plan | 24341864 |

---

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| **PALO ALTO NETWORKS, INC.** | **PALO ALTO NETWORKS, INC.** |
| By: | /s/ Bruce Byrd |
|  | Bruce Byrd |
|  | Executive Vice President, General Counsel and Secretary |

---

Date: November 21, 2025