Palo Alto Networks, Inc. Reports Equity Award Grants and Plan Updates
Summary
On November 10, 2025, Palo Alto Networks, Inc. granted additional equity awards totaling 2,735,105 shares of common stock under its 2021 Equity Incentive 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 and 2021 Equity Incentive Plans. As of November 17, 2025, total outstanding stock options were 184,020, with a weighted-average exercise price of $32.25 per share and a remaining duration of 0.42 years. Total Restricted Stock Units outstanding were 25,932,201.
Why It Matters
Investors should note the recent equity award grants and the updated shares available under the 2021 Equity Incentive Plan, as these impact potential future dilution and employee compensation. The detailed equity plan information provides transparency on outstanding awards and options.
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Key Quote
“Following these grants, 24,341,864 shares remained available for grant under the 2021 Plan.”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001327567
- Filing Date
- Friday, November 21, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- medium
- Sentiment
- positive