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PALO ALTO NETWORKS INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and PALO ALTO NETWORKS INC.’s Form 8-K, filed 2023-12-14 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 16Reported items
  • 1,145Asset managers
  • 8,635Fund votes
  • 2023-12-12Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore PALO ALTO NETWORKS INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by PALO ALTO NETWORKS INC.

These tallies are PALO ALTO NETWORKS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2023-12-14 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

PALO ALTO NETWORKS INC. — official shareholder meeting results, meeting held 2023-12-12
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Nikesh Arora 208,952,59314,369,3951,204,327 --43,578,992 Majority: yes
Elect Director: Aparna Bawa 190,132,09734,145,146249,072 --43,578,992 Majority: yes
Elect Director: Carl Eschenbach 220,598,6563,684,595243,064 --43,578,992 Majority: yes
Elect Director: Lorraine Twohill 194,755,64629,522,967247,702 --43,578,992 Majority: yes
Proposal Three – Advisory Vote on Executive Compensation . 85,104,562136,176,3263,245,427 --43,578,992 Majority: no
Proposal Four – Amendment to 2021 Equity Incentive Plan . The Company's stockholders approved an amendment to the 2021 Plan to increase the number of plan shares reserved for future issuance. 136,598,94085,419,4472,507,928 --43,578,992 Majority: yes

Source: PALO ALTO NETWORKS INC., Form 8-K, filed with the SEC on 2023-12-14 — read the filing on EDGAR.

How asset managers voted at the PALO ALTO NETWORKS INC. 2023-2024 meeting

Each item below shows how the 1,145 asset managers that disclosed a PALO ALTO NETWORKS INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PALO ALTO NETWORKS INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. To approve, on an advisory basis, the compensation of our named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: no

Meeting held 2023-12-12.

Combines 13 wordings of this item as funds reported it.

38% Majority: no · of votes cast

FOR 38%AGAINST 62%
FOR: 85,104,562AGAINST: 136,176,326

PALO ALTO NETWORKS INC.’s own tally for this item (“Proposal Three – Advisory Vote on Executive Compensation .”): 85,104,562 for, 136,176,326 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 27% for, 43% against (71% of the company cast a for/against vote).

The 1,044 asset managers below cast 45% of the shares they voted on this item FOR (92,945,716 for, 113,849,060 against).

FOR 45%AGAINST 54.7%
FOR: 92,945,716 (44.7%)AGAINST: 113,849,060 (54.7%)ABSTAIN: 1,109,894 (0.5%)NOT VOTED: 76,279 (0.0%)NO VOTE: 7,342 (0.0%)UNKNOWN: 146 (0.0%)
Largest asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard26,585,737328,412 385,6500For
Fidelity13,900,211568,526 00For
BlackRock287,83412,297,679 00Against
State Street2,151,4436,952,184 00Against
GEODE CAPITAL MANAGEMENT, LLC5,888,2910 00For
Capital Research Global Investors5,843,7560 00For
Nuveen05,144,063 00Against
TIAA04,983,313 00Against
Charles Schwab03,322,197 00Against
UBS03,106,015 00Against
Invesco3,035,9910 00For
Maryland State Retirement & Pension System03,000,000 00Against
Capital Group2,148,859765,969 00For
Clearbridge Investments, LLC2,869,94515,113 00For
Columbia Threadneedle2,692,25851,547 00For
JPMorgan02,642,716 00Against
AMCAP FUND2,587,0390 00For
BANK OF AMERICA NA02,351,419 00Against
CANADA PENSION PLAN INVESTMENT BOARD02,203,773 00Against
First Trust02,030,645 00Against
Goldman Sachs8351,903,827 00Against
Legal & General Investment Management Ltd01,848,649 00Against
Putnam1,687,3941,848 00For
PICTET ASSET MANAGEMENT SA01,595,309 00Against
Janus Henderson1,236,773338,962 00For

Showing the 25 largest of 1,044 asset managers. See all 1,044 in the interactive database.

2. To approve an amendment to the 2021 Palo Alto Networks, Inc. Equity Incentive Plan.

CAPITAL STRUCTUREMajority of the votes cast: yes

Meeting held 2023-12-12.

Combines 12 wordings of this item as funds reported it.

62% Majority: yes · of votes cast

FOR 62%AGAINST 38%
FOR: 136,598,940AGAINST: 85,419,447

PALO ALTO NETWORKS INC.’s own tally for this item (“Proposal Four – Amendment to 2021 Equity Incentive Plan . The Company's stockholders approved an amendment to the 2021 Plan to increase the number of plan shares reserved for future issuance.”): 136,598,940 for, 85,419,447 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 44% for, 27% against (71% of the company cast a for/against vote).

The 222 asset managers below cast 83% of the shares they voted on this item FOR (68,759,995 for, 13,924,426 against).

FOR 83%AGAINST 17%
FOR: 68,759,995 (83.1%)AGAINST: 13,924,426 (16.8%)ABSTAIN: 16,725 (0.0%)UNKNOWN: 5,615 (0.0%)
Largest asset managers voting on “To approve an amendment to the 2021 Palo Alto Networks, Inc. Equity Incentive Plan.” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard25,879,392119,315 00For
Fidelity5,620,0014,022,567 00For
BlackRock4,966,4040 00For
TIAA4,908,2780 00For
Columbia Threadneedle2,692,2580 00For
AMCAP FUND2,587,0390 00For
Capital Group2,527,5780 00For
State Street2,449,5480 00For
JPMorgan1,975,2590 00For
First Trust01,875,216 00Against
Charles Schwab1,651,9840 00For
JANUS INVESTMENT FUND1,121,1740 00For
Franklin Custodian Funds1,100,0000 00For
Invesco1,075,1660 00For
Legg Mason1,033,5533,082 00For
Jackson National963,6163,720 00For
Putnam0732,655 00Against
NEW ECONOMY FUND643,1310 00For
MUTUAL FUND SERIES TRUST0532,621 00Against
OLD WESTBURY FUNDS INC0517,070 00Against
Victory Capital12,655495,001 00Against
INVESTMENT CO OF AMERICA499,6410 00For
American Century0445,080 00Against
Equitable443,171428 00For
Allspring431,3500 00For

Showing the 25 largest of 222 asset managers. See all 222 in the interactive database.

3. Election of Class III Directors: Aparna Bawa

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-12-12.

Combines 8 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%AGAINST 15%
FOR: 190,132,097AGAINST: 34,145,146

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Aparna Bawa”): 190,132,097 for, 34,145,146 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 61% for, 11% against (71% of the company cast a for/against vote).

The 209 asset managers below cast 87% of the shares they voted on this item FOR (71,400,450 for, 11,116,114 against).

FOR 87%13%
FOR: 71,400,450 (86.5%)AGAINST: 11,116,114 (13.5%)ABSTAIN: 19,215 (0.0%)
Largest asset managers voting on “Election of Class III Directors: Aparna Bawa” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard25,789,610209,097 00For
Fidelity9,371,785270,783 00For
BlackRock04,966,404 00Against
TIAA4,908,2780 00For
Columbia Threadneedle2,692,2580 00For
AMCAP FUND2,587,0390 00For
Capital Group2,527,5780 00For
State Street2,449,5480 00For
JPMorgan1,975,2590 00For
First Trust1,875,2160 00For
Charles Schwab01,651,984 00Against
JANUS INVESTMENT FUND1,121,1740 00For
Franklin Custodian Funds01,100,000 00Against
Invesco1,075,1660 00For
Legg Mason1,036,6350 00For
Jackson National330,072637,264 00Against
Putnam732,6550 00For
NEW ECONOMY FUND643,1310 00For
MUTUAL FUND SERIES TRUST532,6210 00For
OLD WESTBURY FUNDS INC517,0700 00For
Victory Capital507,6560 00For
INVESTMENT CO OF AMERICA499,6410 00For
American Century445,0800 00For
Equitable332,895110,704 00For
Allspring431,3500 00For

Showing the 25 largest of 209 asset managers. See all 209 in the interactive database.

4. Election of Class III Directors: Carl Eschenbach

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-12-12.

Combines 8 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 220,598,656AGAINST: 3,684,595

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Carl Eschenbach”): 220,598,656 for, 3,684,595 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 70% for, 1% against (71% of the company cast a for/against vote).

The 209 asset managers below cast 99.5% of the shares they voted on this item FOR (82,125,606 for, 390,958 against).

FOR 99.5%
FOR: 82,125,606 (99.5%)AGAINST: 390,958 (0.5%)ABSTAIN: 19,215 (0.0%)
Largest asset managers voting on “Election of Class III Directors: Carl Eschenbach” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard25,998,7070 00For
Fidelity9,571,36871,200 00For
BlackRock4,966,4040 00For
TIAA4,908,2780 00For
Columbia Threadneedle2,692,2580 00For
AMCAP FUND2,587,0390 00For
Capital Group2,527,5780 00For
State Street2,449,5480 00For
JPMorgan1,975,2590 00For
First Trust1,875,2160 00For
Charles Schwab1,651,9840 00For
JANUS INVESTMENT FUND1,121,1740 00For
Franklin Custodian Funds1,100,0000 00For
Invesco1,075,1660 00For
Legg Mason1,036,6350 00For
Jackson National966,936400 00For
Putnam732,6550 00For
NEW ECONOMY FUND643,1310 00For
MUTUAL FUND SERIES TRUST532,6210 00For
OLD WESTBURY FUNDS INC517,0700 00For
Victory Capital507,6560 00For
INVESTMENT CO OF AMERICA499,6410 00For
American Century445,0800 00For
Equitable443,5990 00For
Allspring431,3500 00For

Showing the 25 largest of 209 asset managers. See all 209 in the interactive database.

5. Election of Class III Directors: Lorraine Twohill

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-12-12.

Combines 9 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%13%
FOR: 194,755,646AGAINST: 29,522,967

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Lorraine Twohill”): 194,755,646 for, 29,522,967 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 62% for, 9% against (71% of the company cast a for/against vote).

The 209 asset managers below cast 91% of the shares they voted on this item FOR (75,404,395 for, 7,112,169 against).

FOR 91%9%
FOR: 75,404,395 (91.4%)AGAINST: 7,112,169 (8.6%)ABSTAIN: 19,215 (0.0%)
Largest asset managers voting on “Election of Class III Directors: Lorraine Twohill” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard25,789,610209,097 00For
Fidelity9,571,36871,200 00For
BlackRock4,966,4040 00For
TIAA4,908,2780 00For
Columbia Threadneedle2,692,2580 00For
AMCAP FUND2,587,0390 00For
Capital Group2,392,146135,432 00For
State Street2,449,5480 00For
JPMorgan1,975,2590 00For
First Trust1,875,2160 00For
Charles Schwab01,651,984 00Against
JANUS INVESTMENT FUND1,121,1740 00For
Franklin Custodian Funds01,100,000 00Against
Invesco01,075,166 00Against
Legg Mason1,036,6350 00For
Jackson National570,245397,091 00For
Putnam732,6550 00For
NEW ECONOMY FUND643,1310 00For
MUTUAL FUND SERIES TRUST532,6210 00For
OLD WESTBURY FUNDS INC517,0700 00For
Victory Capital507,6560 00For
INVESTMENT CO OF AMERICA499,6410 00For
American Century445,0800 00For
Equitable268,812174,787 00For
Allspring431,3500 00For

Showing the 25 largest of 209 asset managers. See all 209 in the interactive database.

6. Election of Class III Directors: Nikesh Arora

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-12-12.

Combines 8 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 208,952,593AGAINST: 14,369,395

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Nikesh Arora”): 208,952,593 for, 14,369,395 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 67% for, 5% against (71% of the company cast a for/against vote).

The 209 asset managers below cast 99.8% of the shares they voted on this item FOR (82,431,711 for, 84,839 against).

FOR 99.8%
FOR: 82,431,711 (99.9%)AGAINST: 84,839 (0.1%)ABSTAIN: 19,228 (0.0%)
Largest asset managers voting on “Election of Class III Directors: Nikesh Arora” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard25,998,7070 00For
Fidelity9,642,5680 00For
BlackRock4,966,4040 00For
TIAA4,908,2780 00For
Columbia Threadneedle2,692,2580 00For
AMCAP FUND2,587,0390 00For
Capital Group2,527,5780 00For
State Street2,449,5480 00For
JPMorgan1,975,2590 00For
First Trust1,875,2160 00For
Charles Schwab1,651,9840 00For
JANUS INVESTMENT FUND1,121,1740 00For
Franklin Custodian Funds1,100,0000 00For
Invesco1,075,1660 00For
Legg Mason1,036,6350 00For
Jackson National967,3360 00For
Putnam732,6550 00For
NEW ECONOMY FUND643,1310 00For
MUTUAL FUND SERIES TRUST532,6210 00For
OLD WESTBURY FUNDS INC517,0700 00For
Victory Capital507,6560 00For
INVESTMENT CO OF AMERICA499,6410 00For
American Century445,0800 00For
Equitable443,5990 00For
Allspring431,3500 00For

Showing the 25 largest of 209 asset managers. See all 209 in the interactive database.

7. To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for our fiscal year ending July 31, 2024.

AUDIT-RELATED

Meeting held 2023-12-12.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.8%

The 202 asset managers below cast 99.9% of the shares they voted on this item FOR (82,371,923 for, 77,573 against).

FOR: 82,371,923 (99.9%)AGAINST: 77,573 (0.1%)ABSTAIN: 15,665 (0.0%)
Largest asset managers voting on “To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for our fi” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard25,998,7070 00For
Fidelity9,642,5680 00For
BlackRock4,966,4040 00For
TIAA4,908,2780 00For
Columbia Threadneedle2,692,2580 00For
AMCAP FUND2,587,0390 00For
Capital Group2,527,5780 00For
State Street2,449,5480 00For
JPMorgan1,975,2590 00For
First Trust1,875,2160 00For
Charles Schwab1,651,9840 00For
JANUS INVESTMENT FUND1,121,1740 00For
Franklin Custodian Funds1,100,0000 00For
Invesco1,075,1660 00For
Legg Mason1,036,6350 00For
Jackson National967,3360 00For
Putnam732,6550 00For
NEW ECONOMY FUND643,1310 00For
MUTUAL FUND SERIES TRUST532,6210 00For
OLD WESTBURY FUNDS INC517,0700 00For
Victory Capital507,6560 00For
INVESTMENT CO OF AMERICA499,6410 00For
American Century445,0800 00For
Equitable443,5990 00For
Allspring431,3500 00For

Showing the 25 largest of 202 asset managers. See all 202 in the interactive database.

8. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATIONMajority of the votes cast: no

Meeting held 2023-12-12.

Combines 10 wordings of this item as funds reported it.

38% Majority: no · of votes cast

FOR 38%AGAINST 62%
FOR: 85,104,562AGAINST: 136,176,326

PALO ALTO NETWORKS INC.’s own tally for this item (“Proposal Three – Advisory Vote on Executive Compensation .”): 85,104,562 for, 136,176,326 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 27% for, 43% against (71% of the company cast a for/against vote).

The 67 asset managers below cast 6% of the shares they voted on this item FOR (321,466 for, 5,093,517 against).

AGAINST 94%
FOR: 321,466 (5.9%)AGAINST: 5,093,517 (93.5%)ABSTAIN: 37 (0.0%)NOT VOTED: 24,540 (0.5%)UNKNOWN: 5,615 (0.1%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan02,751,495 00Against
APG Asset Management US Inc.0550,974 00Against
NORDEA INVESTMENT MANAGEMENT AB0377,760 00Against
TD ASSET MANAGEMENT INC0353,782 00Against
ADAGE CAPITAL PARTNERS GP, L.L.C.0339,031 00Against
STOREBRAND ASSET MANAGEMENT AS0249,571 00Against
Desjardins Global Asset Management Inc.0132,999 00Against
Metzler Asset Management GmbH106,9000 00For
Thematics Asset Management080,596 00Against
RIPOSTE CAPITAL LLC80,0000 00For
iA Global Asset Management Inc.055,084 00Against
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND52,3970 00For
Empower035,227 00Against
Union Investment Privatfonds GmbH034,556 00Against
TOBAM025,234 00Against
SIERRA SUMMIT ADVISORS LLC00 00Not Voted
Sandhill Capital Partners LLC23,1590 00For
TIMOTHY PLAN021,473 00Against
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma018,377 00Against
Ramsay, Stattman, Vela & Price, Inc.14,5850 00For
EFG Asset Management (North America) Corp.011,492 00Against
Insight Holdings Group, LLC11,2000 00For
GAM Holding AG09,873 00Against
Triasima Portfolio Management inc.09,054 00Against
Vinva Investment Management Ltd08,949 00Against

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

9. Amend Omnibus Stock Plan

COMPENSATIONMajority of the votes cast: yes

Meeting held 2023-12-12.

62% Majority: yes · of votes cast

FOR 62%AGAINST 38%
FOR: 136,598,940AGAINST: 85,419,447

PALO ALTO NETWORKS INC.’s own tally for this item (“Proposal Four – Amendment to 2021 Equity Incentive Plan . The Company's stockholders approved an amendment to the 2021 Plan to increase the number of plan shares reserved for future issuance.”): 136,598,940 for, 85,419,447 against, per its Form 8-K filed 2023-12-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 44% for, 27% against (71% of the company cast a for/against vote).

The 12 asset managers below cast 14% of the shares they voted on this item FOR (17,975 for, 114,725 against).

14%AGAINST 86%
FOR: 17,975 (13.5%)AGAINST: 114,725 (86.5%)
Largest asset managers voting on “Amend Omnibus Stock Plan” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
iA Global Asset Management Inc.055,084 00Against
Empower033,853 00Against
TIMOTHY PLAN021,473 00Against
Insight Holdings Group, LLC11,2000 00For
Brighthouse5,1400 00For
SARATOGA ADVANTAGE TRUST02,208 00Against
Symmetry Panoramic Trust01,086 00Against
Tidal Trust III01,021 00Against
Lincoln Financial9170 00For
Hanson & Doremus Investment Management4470 00For
Milliman Variable Insurance Trust1900 00For
Warren Street Wealth Advisors, LLC810 00For

10. Ratify Ernst & Young LLP as Auditors

AUDIT-RELATED

Meeting held 2023-12-12.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (65,969 for, 0 against).

FOR: 65,969 (100.0%)
Largest asset managers voting on “Ratify Ernst & Young LLP as Auditors” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Empower33,8530 00For
TIMOTHY PLAN21,4730 00For
Brighthouse5,1400 00For
SARATOGA ADVANTAGE TRUST2,2080 00For
Symmetry Panoramic Trust1,0860 00For
Tidal Trust III1,0210 00For
Lincoln Financial9170 00For
Milliman Variable Insurance Trust1900 00For
Warren Street Wealth Advisors, LLC810 00For

11. To approve, on an advisory basis, the compensation of our named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-12-10 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 5 wordings of this item as funds reported it.

50.9% Majority: yes · of votes cast

FOR 50.9%AGAINST 49.1%
FOR: 116,025,828AGAINST: 112,096,969

PALO ALTO NETWORKS INC.’s own tally for this item (“4.An advisory resolution to approve named executive officer compensation was approved.”): 116,025,828 for, 112,096,969 against, per its Form 8-K filed 2024-12-12 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 313,700,000 outstanding shares: 37% for, 36% against (73% of the company cast a for/against vote).

The 8 asset managers below cast 94% of the shares they voted on this item FOR (8,505 for, 550 against).

FOR 94%
FOR: 8,505 (93.9%)AGAINST: 550 (6.1%)
Largest asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
DOHJ, LLC3,4660 00For
First County Bank /CT/2,4490 00For
Ignite Planners, LLC1,5900 00For
Series Portfolios Trust6100 00For
MBA Advisors LLC0550 00Against
Foster Victor Wealth Advisors, LLC2000 00For
VISTA CAPITAL PARTNERS, INC.1860 00For
Weil Company, Inc.40 00For

12. To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

1 YEAR 79%3 YEARS 16%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (204 for, 0 against).

FOR: 204 (5.4%)1 YEAR: 2,999 (78.7%)3 YEARS: 610 (16.0%)
Largest asset managers voting on “To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer co” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
First County Bank /CT/00 001 Year
Series Portfolios Trust00 003 Years
MBA Advisors LLC00 001 Year
Foster Victor Wealth Advisors, LLC2000 00For
Weil Company, Inc.40 00For

13. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2023-12-12.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (10,068 for, 0 against).

FOR: 10,068 (100.0%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Williamson Legacy Group, LLC5,1980 00For
Ultimus Managers Trust2,9500 00For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC1,0000 00For
Northern Lights Fund Trust IV9150 00For
Simplify Exchange Traded Funds50 00For

14. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2023-12-12.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC7,0190 00For
Williamson Legacy Group, LLC5,1980 00For
Ultimus Managers Trust2,9500 00For
Simplify Exchange Traded Funds50 00For

15. To approve, on an advisory basis, the compensation of our named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2023-10-16; no official results on file for that date.

23% fund support · no official result

FOR 23%AGAINST 77%

The 2 asset managers below cast 23% of the shares they voted on this item FOR (1,941 for, 6,552 against).

FOR: 1,941 (22.9%)AGAINST: 6,552 (77.1%)
Largest asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
F/M Investments LLC06,552 00Against
Federated Hermes1,9410 00For

16. To approve, on an advisory basis, the H of our named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-12-12.

0% fund support · no official result

AGAINST 100%

The 1 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 26,220 against).

AGAINST: 26,220 (100.0%)
Largest asset managers voting on “To approve, on an advisory basis, the H of our named executive officers.” at PALO ALTO NETWORKS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
MUTUAL FUND SERIES TRUST026,220 00Against

Largest PALO ALTO NETWORKS INC. shareholders voting in 2023-2024

Ranked by the number of PALO ALTO NETWORKS INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 313,700,000 shares outstanding at the time of that meeting.

Top PALO ALTO NETWORKS INC. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 8.70%
2Fidelity 4.61%
3BlackRock 4.01%
4State Street 2.90%
5GEODE CAPITAL MANAGEMENT, LLC 1.88%
6Capital Research Global Investors 1.86%
7Nuveen 1.64%
8TIAA 1.59%
9Charles Schwab 1.08%
10UBS 0.99%

Reported PALO ALTO NETWORKS INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

PALO ALTO NETWORKS INC. beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
Vanguard Group 20.81% 13F
BlackRock 17.67% 13F
Morgan Stanley 9.81% 13F
JPMorgan Chase 5.02% 13F
State Street 4.14% 13F
FMR (Fidelity) 2.42% 13F
Goldman Sachs 2.27% 13F
Geode Capital 2.24% 13F
Citadel Advisors 2.23% 13F
Norges Bank 1.72% 13F

Percentages above are of 313,700,000 shares outstanding, as reported by PALO ALTO NETWORKS INC. on its Form 10-Q dated 2023-10-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from PALO ALTO NETWORKS INC.’s 10-Q dated 2023-10-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At PALO ALTO NETWORKS INC.'s shareholder meeting held 2023-12-12, in the 2023-2024 proxy season, 1,145 asset managers reported how they voted in their SEC Form N-PX filings, covering 8,635 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on an advisory basis, the compensation of our named executive officers. — FOR was 38% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is not more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: PALO ALTO NETWORKS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2023-12-14.

PALO ALTO NETWORKS INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.