Lee Klarich compensation by year
Palo Alto Networks Summary Compensation Table · all 9 fiscal years held| Component | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $531,250 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 |
| Stock awards | $8,309,938 | $10,205,854 | $0 | $9,693,233 | $4,671,565 | $15,685,347 | $19,126,156 | $24,654,517 | $12,626,393 |
| Option awards | $0 | $40,000,131 | $0 | $0 | $0 | — | $0 | $0 | $0 |
| Non-equity incentive | $372,540 | $220,000 | $508,750 | $825,000 | $825,000 | $825,000 | $660,000 | $660,000 | $550,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 |
| All other | $1,914 | $1,957 | $1,957 | $1,957 | $1,996 | $32,023 | $2,162 | $106,720 | $106,720 |
| Total | $9,215,642 | $50,977,942 | $1,060,707 | $11,070,190 | $6,048,561 | $17,092,370 | $20,338,318 | $25,971,237 | $13,833,113 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Palo Alto Networks, Inc. DEF 14A filed October 27, 2026, accession 0001308179-26-000432, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Palo Alto Networks, Inc. filed document, accession 0001308179-26-000432. Every figure is read from that document and cited to the page and table it appears in. Filed October 27, 2026.
Equity holdings
unvested awards at FY2026 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 230,292 | $76,417,794 | — |
| RSU | 198,152 | $65,752,778 | — |
| PSU | 119,536 | $39,665,631 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Palo Alto Networks, Inc.'s FY2026 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
2 Form 4 lines since the FY2025 proxy (filed October 27, 2026)current to 2026-11-10 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-11-01 | Grant or award | — | 198,152 | $0.00 | 434,135 |
| 2026-11-01 | Tax withholding | — | 98,245 | $365.87 | 335,890 |
The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Palo Alto Networks’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Nikesh Arora | Chief Executive Officer and Chairman | $99,736,336 |
| William Jenkins | President | $26,959,402 |
| Lee Klarich · this page | Chief Product and Technology Officer | $25,971,237 |
| Dipak Golechha | Executive Vice President and Chief Financial Officer | $25,527,681 |
| Nir Zuk | Founder Emeritus; Former Chief Technology Officer and Former Director | $15,707,598 |
Board service
Palo Alto Networks board · FY2022–FY2026How this board is paid
Company policy: Palo Alto Networks pays directors a $0 cash retainer and $320,000 in RSUs. As stated in Palo Alto Networks's FY2026 proxy.
Committees
Security Committee
Lee Klarich's compensation dossier, Palo Alto Networks
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Palo Alto Networks's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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