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PALO ALTO NETWORKS INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and PALO ALTO NETWORKS INC.’s Form 8-K, filed 2024-12-12 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 28Reported items
  • 1,269Asset managers
  • 11,075Fund votes
  • 2024-12-10Meeting date

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

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

Official 2024-2025 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 2024-12-12 (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 2024-12-10
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Right Honorable Sir John Key 197,090,83632,809,191557,415 --46,562,793 Majority: yes
Elect Director: Mary Pat McCarthy 223,277,7656,814,117365,560 --46,562,793 Majority: yes
Elect Director: Nir Zuk 213,668,91616,463,261325,265 --46,562,793 Majority: yes
2.The Company's shareholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending July 31, 2025. 271,718,3544,925,217376,664 ---- Majority: yes
4.An advisory resolution to approve named executive officer compensation was approved. 116,025,828112,096,9692,334,645 --46,562,793 Majority: yes
5.An amendment to the 2021 Plan to increase the number of shares reserved for future issuance under the 2021 Plan was approved. 209,507,51718,860,5632,089,362 --46,562,793 Majority: yes
6.A shareholder proposal regarding a report on climate risks to retirement plan beneficiaries was not approved. 27,672,696199,261,8113,522,935 --46,562,793 Majority: no

Source: PALO ALTO NETWORKS INC., Form 8-K, filed with the SEC on 2024-12-12 — read the filing on EDGAR.

How asset managers voted at the PALO ALTO NETWORKS INC. 2024-2025 meeting

Each item below shows how the 1,269 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: yes

Meeting held 2024-12-10.

Combines 28 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 327,700,000 outstanding shares: 35% for, 34% against (70% of the company cast a for/against vote).

The 1,206 asset managers below cast 61% of the shares they voted on this item FOR (123,532,591 for, 78,516,723 against).

FOR 61%AGAINST 39%
FOR: 123,532,591 (60.9%)AGAINST: 78,516,723 (38.7%)ABSTAIN: 361,923 (0.2%)ONE YEAR: 318,720 (0.2%)NOT VOTED: 64,806 (0.0%)NO VOTE: 3,470 (0.0%)0: 296 (0.0%)UNKNOWN: 273 (0.0%)1 YEAR: 112 (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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,258,06929,987 00For
BlackRock14,854,812210,353 00For
State Street11,852,219232,330 00For
Fidelity10,339,440113,727 00For
JPMorgan8,817,00732,696 00For
GEODE CAPITAL MANAGEMENT, LLC7,665,0600 00For
Capital Research Global Investors4,382,3690 00For
Charles Schwab04,054,286 00Against
Invesco03,487,895 00Against
Northern Trust3,103,572112,982 00For
UBS03,078,852 00Against
Nuveen2,887,4892,429 00For
TIAA2,866,3740 00For
JENNISON ASSOCIATES LLC2,786,0195,545 00For
Legal & General Investment Management America Inc02,694,163 00Against
Clearbridge Investments, LLC02,446,736 00Against
AMCAP FUND2,428,0900 00For
BANK OF AMERICA NA02,427,499 00Against
Columbia Threadneedle2,125,83373,396 00For
First Trust02,166,352 00Against
T. Rowe Price02,038,933 00Against
Legal & General Investment Management Ltd01,721,071 00Against
MELLON INVESTMENTS Corp1,584,3340 00For
Amundi01,513,846 00Against
FRANKLIN ADVISERS INC01,478,668 00Against

Showing the 25 largest of 1,206 asset managers. See all 1,206 in the interactive database.

2. 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.

Combines 7 wordings of this item as funds reported it.

99% fund support · no official result

ONE YEAR 70%1 YEAR 27%

The 1,116 asset managers below cast 99% of the shares they voted on this item FOR (139,825 for, 1,847 against).

FOR: 139,825 (0.1%)AGAINST: 1,847 (0.0%)ABSTAIN: 44,308 (0.0%)ONE YEAR: 134,548,930 (69.7%)1 YEAR: 52,131,679 (27.0%)1YR: 4,382,369 (2.3%)3 YEARS: 799,371 (0.4%)THREE YEARS: 538,489 (0.3%)2 YEARS: 144,553 (0.1%)1-YEAR: 137,669 (0.1%)NOT VOTED: 64,778 (0.0%)1: 52,103 (0.0%)TWO YEARS: 37,410 (0.0%)WITHHELD: 846 (0.0%)0: 296 (0.0%)SHARES YEAR 1: 225 (0.0%)
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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard00 00One Year
BlackRock00 001 Year
State Street00 00One Year
Fidelity00 00One Year
GEODE CAPITAL MANAGEMENT, LLC00 00One Year
Capital Research Global Investors00 001Yr
Charles Schwab00 001 Year
Invesco00 00One Year
JPMorgan00 001 Year
Northern Trust00 001 Year
UBS00 00One Year
Nuveen00 00One Year
TIAA00 00One Year
JENNISON ASSOCIATES LLC00 001 Year
Legal & General Investment Management America Inc00 00One Year
Clearbridge Investments, LLC00 00One Year
AMCAP FUND00 00One Year
BANK OF AMERICA NA00 001 Year
Columbia Threadneedle00 00One Year
First Trust00 00One Year
T. Rowe Price00 00One Year
Legal & General Investment Management Ltd00 00One Year
MELLON INVESTMENTS Corp00 00One Year
Amundi00 00One Year
FRANKLIN ADVISERS INC00 00One Year

Showing the 25 largest of 1,116 asset managers. See all 1,116 in the interactive database.

3. To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for our fiscal year ending July 31, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 271,718,354AGAINST: 4,925,217

PALO ALTO NETWORKS INC.’s own tally for this item (“2.The Company's shareholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending July 31, 2025.”): 271,718,354 for, 4,925,217 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 327,700,000 outstanding shares: 83% for, 2% against (84% of the company cast a for/against vote).

The 208 asset managers below cast 99.4% of the shares they voted on this item FOR (79,076,045 for, 418,809 against).

FOR 99.4%
FOR: 79,076,045 (99.4%)AGAINST: 418,809 (0.5%)ABSTAIN: 19,478 (0.0%)UNKNOWN: 273 (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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,379,2550 00For
Fidelity8,747,2950 00For
BlackRock5,680,1690 00For
State Street3,455,85889 00For
JPMorgan3,283,3620 00For
TIAA2,836,4960 00For
AMCAP FUND2,428,0900 00For
Columbia Threadneedle2,119,1790 00For
Charles Schwab2,003,1110 00For
First Trust1,962,9670 00For
Invesco1,256,7380 00For
Capital Group1,184,2300 00For
Franklin Custodian Funds1,000,0000 00For
Prudential/PGIM938,4420 00For
Legg Mason859,3320 00For
Victory Capital758,4310 00For
Jackson National664,0250 00For
T. Rowe Price587,7370 00For
INVESTMENT CO OF AMERICA577,6780 00For
HARBOR FUNDS538,0270 00For
MASTER INVESTMENT PORTFOLIO479,8020 00For
ProShares369,1340 00For
Global X352,5430 00For
Equitable345,8340 00For
Dimensional320,9410 00For

Showing the 25 largest of 208 asset managers. See all 208 in the interactive database.

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

COMPENSATIONMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 4 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 209,507,517AGAINST: 18,860,563

PALO ALTO NETWORKS INC.’s own tally for this item (“5.An amendment to the 2021 Plan to increase the number of shares reserved for future issuance under the 2021 Plan was approved.”): 209,507,517 for, 18,860,563 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 327,700,000 outstanding shares: 64% for, 6% against (70% of the company cast a for/against vote).

The 205 asset managers below cast 97% of the shares they voted on this item FOR (76,639,297 for, 2,598,018 against).

FOR 97%
FOR: 76,639,297 (96.7%)AGAINST: 2,598,018 (3.3%)ABSTAIN: 19,519 (0.0%)UNKNOWN: 273 (0.0%)
Largest asset managers voting on “To approve an amendment to the Palo Alto Networks, Inc. 2021 Equity Incentive Plan.” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,379,2550 00For
Fidelity7,187,5911,559,704 00For
BlackRock5,680,1690 00For
State Street3,455,85889 00For
JPMorgan3,283,3620 00For
TIAA2,836,4960 00For
AMCAP FUND2,428,0900 00For
Columbia Threadneedle2,119,1790 00For
Charles Schwab2,003,1110 00For
First Trust1,962,9670 00For
Invesco1,256,7380 00For
Capital Group1,184,2300 00For
Franklin Custodian Funds1,000,0000 00For
Prudential/PGIM938,4420 00For
Legg Mason859,3320 00For
Victory Capital758,4310 00For
Jackson National664,0250 00For
T. Rowe Price587,7370 00For
INVESTMENT CO OF AMERICA577,6780 00For
HARBOR FUNDS538,0270 00For
MASTER INVESTMENT PORTFOLIO479,8020 00For
ProShares369,1340 00For
Global X352,5430 00For
Equitable345,8340 00For
Dimensional320,9410 00For

Showing the 25 largest of 205 asset managers. See all 205 in the interactive database.

5. Election of Class I Directors: Right Honorable Sir John Key

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 5 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%AGAINST 14%
FOR: 197,090,836AGAINST: 32,809,191

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Right Honorable Sir John Key”): 197,090,836 for, 32,809,191 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 327,700,000 outstanding shares: 60% for, 10% against (70% of the company cast a for/against vote).

The 203 asset managers below cast 90% of the shares they voted on this item FOR (71,819,435 for, 7,673,444 against).

FOR 90%10%
FOR: 71,819,435 (90.3%)AGAINST: 7,673,444 (9.7%)ABSTAIN: 18,631 (0.0%)UNKNOWN: 273 (0.0%)
Largest asset managers voting on “Election of Class I Directors: Right Honorable Sir John Key” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,379,2550 00For
Fidelity8,696,09951,196 00For
BlackRock5,678,1881,981 00For
State Street3,455,9470 00For
JPMorgan3,283,3620 00For
TIAA2,836,4960 00For
AMCAP FUND2,428,0900 00For
Columbia Threadneedle2,119,1790 00For
Charles Schwab02,003,111 00Against
First Trust1,962,9670 00For
Invesco01,256,738 00Against
Capital Group1,184,2300 00For
Franklin Custodian Funds01,000,000 00Against
Prudential/PGIM811,888126,554 00For
Legg Mason3,716855,616 00Against
Victory Capital758,4310 00For
Jackson National542,051121,974 00For
T. Rowe Price0587,737 00Against
INVESTMENT CO OF AMERICA577,6780 00For
HARBOR FUNDS538,0270 00For
MASTER INVESTMENT PORTFOLIO479,8020 00For
ProShares369,1340 00For
Global X0352,543 00Against
Equitable146,381199,453 00Against
Dimensional320,9410 00For

Showing the 25 largest of 203 asset managers. See all 203 in the interactive database.

6. Election of Class I Directors: Mary Pat McCarthy

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 223,277,765AGAINST: 6,814,117

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Mary Pat McCarthy”): 223,277,765 for, 6,814,117 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 327,700,000 outstanding shares: 68% for, 2% against (70% of the company cast a for/against vote).

The 203 asset managers below cast 99% of the shares they voted on this item FOR (78,432,329 for, 1,002,379 against).

FOR 99%
FOR: 78,432,329 (98.6%)AGAINST: 1,002,379 (1.3%)ABSTAIN: 19,479 (0.0%)ONE YEAR: 57,322 (0.1%)UNKNOWN: 273 (0.0%)
Largest asset managers voting on “Election of Class I Directors: Mary Pat McCarthy” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,379,2550 00For
Fidelity8,696,09951,196 00For
BlackRock5,680,1690 00For
State Street3,455,9470 00For
JPMorgan3,283,3620 00For
TIAA2,836,4960 00For
AMCAP FUND2,428,0900 00For
Columbia Threadneedle2,119,1790 00For
Charles Schwab2,003,1110 00For
First Trust1,962,9670 00For
Invesco1,256,7380 00For
Capital Group1,184,2300 00For
Franklin Custodian Funds1,000,0000 00For
Prudential/PGIM925,35313,089 00For
Legg Mason859,3320 00For
Victory Capital758,4310 00For
Jackson National663,030995 00For
T. Rowe Price0587,737 00Against
INVESTMENT CO OF AMERICA577,6780 00For
HARBOR FUNDS538,0270 00For
MASTER INVESTMENT PORTFOLIO479,8020 00For
ProShares369,1340 00For
Global X346,3426,201 00For
Equitable176,450169,384 00For
Dimensional320,9410 00For

Showing the 25 largest of 203 asset managers. See all 203 in the interactive database.

7. Election of Class I Directors: Nir Zuk

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%
FOR: 213,668,916AGAINST: 16,463,261

PALO ALTO NETWORKS INC.’s own tally for this item (“Elect Director: Nir Zuk”): 213,668,916 for, 16,463,261 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 327,700,000 outstanding shares: 65% for, 5% against (70% of the company cast a for/against vote).

The 203 asset managers below cast 95% of the shares they voted on this item FOR (75,828,247 for, 3,663,784 against).

FOR 95%
FOR: 75,828,247 (95.4%)AGAINST: 3,663,784 (4.6%)ABSTAIN: 19,478 (0.0%)UNKNOWN: 273 (0.0%)
Largest asset managers voting on “Election of Class I Directors: Nir Zuk” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,379,2550 00For
Fidelity8,747,2950 00For
BlackRock5,680,1690 00For
State Street1,3193,454,628 00Against
JPMorgan3,283,3620 00For
TIAA2,836,4960 00For
AMCAP FUND2,428,0900 00For
Columbia Threadneedle2,119,1790 00For
Charles Schwab2,003,1110 00For
First Trust1,962,9670 00For
Invesco1,256,7380 00For
Capital Group1,184,2300 00For
Franklin Custodian Funds1,000,0000 00For
Prudential/PGIM938,4420 00For
Legg Mason859,3320 00For
Victory Capital758,4310 00For
Jackson National664,0250 00For
T. Rowe Price587,7370 00For
INVESTMENT CO OF AMERICA577,6780 00For
HARBOR FUNDS538,0270 00For
MASTER INVESTMENT PORTFOLIO479,8020 00For
ProShares369,1340 00For
Global X352,5430 00For
Equitable344,2011,633 00For
Dimensional320,9410 00For

Showing the 25 largest of 203 asset managers. See all 203 in the interactive database.

8. To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding a report on climate risks to retirement plan beneficiaries.

ENVIRONMENT OR CLIMATEMajority of the votes cast: no

Meeting held 2024-12-10.

Combines 7 wordings of this item as funds reported it.

12% Majority: no · of votes cast

12%AGAINST 88%
FOR: 27,672,696AGAINST: 199,261,811

PALO ALTO NETWORKS INC.’s own tally for this item (“6.A shareholder proposal regarding a report on climate risks to retirement plan beneficiaries was not approved.”): 27,672,696 for, 199,261,811 against, per its Form 8-K filed 2024-12-12 (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 327,700,000 outstanding shares: 8% for, 61% against (69% of the company cast a for/against vote).

The 203 asset managers below cast 2% of the shares they voted on this item FOR (1,513,266 for, 77,599,761 against).

AGAINST 98%
FOR: 1,513,266 (1.9%)AGAINST: 77,599,761 (97.7%)ABSTAIN: 295,439 (0.4%)NOT VOTED: 2,750 (0.0%)
Largest asset managers voting on “To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding a rep” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard029,379,255 00Against
Fidelity08,747,295 00Against
BlackRock2,8495,677,320 00Against
State Street6833,455,264 00Against
JPMorgan693,283,293 00Against
TIAA02,836,496 00Against
AMCAP FUND02,428,090 00Against
Columbia Threadneedle02,119,179 00Against
Charles Schwab02,003,111 00Against
First Trust01,962,967 00Against
Invesco01,256,738 00Against
Capital Group01,184,230 00Against
Franklin Custodian Funds01,000,000 00Against
Prudential/PGIM0938,442 00Against
Legg Mason3,716855,616 00Against
Victory Capital0758,431 00Against
Jackson National0664,025 00Against
T. Rowe Price0587,737 00Against
INVESTMENT CO OF AMERICA0577,678 00Against
HARBOR FUNDS0538,027 00Against
MASTER INVESTMENT PORTFOLIO0479,802 00Against
ProShares0369,134 00Against
Global X0352,543 00Against
Equitable454345,380 00Against
Dimensional0320,941 00Against

Showing the 25 largest of 203 asset managers. See all 203 in the interactive database.

9. Advisory Vote on Say on Pay Frequency

COMPENSATION

Meeting held 2024-12-10.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

10%ONE YEAR 86%

The 42 asset managers below cast 100% of the shares they voted on this item FOR (925,976 for, 0 against).

FOR: 925,976 (9.8%)ABSTAIN: 3,224 (0.0%)ONE YEAR: 8,153,731 (86.1%)1-YEAR: 336,196 (3.5%)1 YEAR: 51,110 (0.5%)ONE VOTE: 311 (0.0%)
Largest asset managers voting on “Advisory Vote on Say on Pay Frequency” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00One Year
APG Asset Management US Inc.00 00One Year
NORDEA INVESTMENT MANAGEMENT AB591,2000 00For
Mirova US LLC00 00One Year
STOREBRAND ASSET MANAGEMENT AS00 00One Year
ADAGE CAPITAL PARTNERS GP, L.L.C.00 001-Year
TD Waterhouse Canada Inc.00 00One Year
TD ASSET MANAGEMENT INC182,0420 00For
GROUPAMA ASSET MANAGMENT00 00One Year
Metzler Asset Management GmbH00 00One Year
Close Asset Management Ltd00 00One Year
Thematics Asset Management85,5830 00For
Swiss Life Asset Management Ltd00 001-Year
GuideStone00 00One Year
Erste Asset Management GmbH57,3220 00For
BEACON INVESTMENT ADVISORY SERVICES, INC.00 00One Year
iA Global Asset Management Inc.00 00One Year
SIERRA SUMMIT ADVISORS LLC00 001 Year
Empower00 00One Year
Desjardins Global Asset Management Inc.00 00One Year
EFG Asset Management (North America) Corp.00 00One Year
Vinva Investment Management Ltd8,3910 00For
Coyle Financial Counsel LLC00 001 Year
Wilshire Advisors LLC00 00One Year
Triasima Portfolio Management inc.00 00One Year

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

10. Section 14a Executive Compensation

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

Meeting held 2024-12-10.

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 327,700,000 outstanding shares: 35% for, 34% against (70% of the company cast a for/against vote).

The 26 asset managers below cast 63% of the shares they voted on this item FOR (84,268 for, 50,137 against).

FOR 62%AGAINST 37%
FOR: 84,268 (62.2%)AGAINST: 50,137 (37.0%)ABSTAIN: 318 (0.2%)NOT VOTED: 660 (0.5%)
Largest asset managers voting on “Section 14a Executive Compensation” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Focus Partners Wealth47,0341,269 00For
Wallington Asset Management, LLC038,551 00Against
EAGLE GLOBAL ADVISORS LLC21,5740 00For
Stony Point Capital LLC8,2020 00For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV04,633 00Against
Baker Avenue Asset Management, LP04,175 00Against
Robocap Asset Management Ltd2,2240 00For
Ultimus Managers Trust1,5410 00For
Blue Fin Capital, Inc.1,1620 00For
Claret Asset Management Corp8360 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 00Not Voted
Evolutionary Tree Capital Management, LLC6570 00For
Moisand Fitzgerald Tamayo, LLC6560 00For
WILLIAMSBURG INVESTMENT TRUST0600 00Against
VOISARD ASSET MANAGEMENT GROUP, INC.0431 00Against
COURIER CAPITAL LLC0372 00Against
Investment Partners Asset Management, Inc.00 3180Abstain
Ballew Advisors, Inc1140 00For
River Street Advisors LLC0106 00Against
Simplify Exchange Traded Funds930 00For
Inlet Private Wealth, LLC650 00For
MQS Management LLC550 00For
Williamson Legacy Group, LLC290 00For
ESL Trust Services, LLC140 00For
MATTERN CAPITAL MANAGEMENT, LLC120 00For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

11. 14A Executive Compensation Vote Frequency

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

ABSTAIN 45.3%1 YEAR 50.2%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (4,857 for, 0 against).

FOR: 4,857 (3.4%)ABSTAIN: 65,500 (45.3%)1 YEAR: 72,492 (50.2%)1: 1,632 (1.1%)3 YEARS: 29 (0.0%)
Largest asset managers voting on “14A Executive Compensation Vote Frequency” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
MARCO INVESTMENT MANAGEMENT LLC00 65,5000Abstain
Focus Partners Wealth00 001 Year
EAGLE GLOBAL ADVISORS LLC00 001 Year
Robocap Asset Management Ltd2,2240 00For
Green Alpha Advisors, LLC2,0950 00For
Ultimus Managers Trust00 001 Year
Claret Asset Management Corp00 001 Year
LEAVELL INVESTMENT MANAGEMENT, INC.00 001
WILLIAMSBURG INVESTMENT TRUST00 001
VOISARD ASSET MANAGEMENT GROUP, INC.4310 00For
COURIER CAPITAL LLC00 001
River Street Advisors LLC00 001 Year
Simplify Exchange Traded Funds930 00For
Inlet Private Wealth, LLC00 001 Year
MQS Management LLC00 001 Year
Williamson Legacy Group, LLC00 003 Years
ESL Trust Services, LLC140 00For
MATTERN CAPITAL MANAGEMENT, LLC00 001 Year
Baker Avenue Asset Management, LP00 00--
Blue Fin Capital, Inc.00 00--
Wallington Asset Management, LLC00 00--

12. Amend Omnibus Stock Plan

COMPENSATIONMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 2 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 209,507,517AGAINST: 18,860,563

PALO ALTO NETWORKS INC.’s own tally for this item (“5.An amendment to the 2021 Plan to increase the number of shares reserved for future issuance under the 2021 Plan was approved.”): 209,507,517 for, 18,860,563 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 327,700,000 outstanding shares: 64% for, 6% against (70% of the company cast a for/against vote).

The 11 asset managers below cast 98% of the shares they voted on this item FOR (310,667 for, 7,742 against).

FOR 98%
FOR: 310,667 (97.6%)AGAINST: 7,742 (2.4%)
Largest asset managers voting on “Amend Omnibus Stock Plan” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Close Asset Management Ltd93,1300 00For
GuideStone63,5120 00For
Erste Asset Management GmbH57,3220 00For
iA Global Asset Management Inc.45,9070 00For
Empower42,3570 00For
CLEARWATER INVESTMENT TRUST04,600 00Against
Northern Lights Variable Trust3,4410 00For
Maj Invest Holding A/S3,2240 00For
HC CAPITAL TRUST03,142 00Against
Northern Lights Fund Trust1,1170 00For
Canopy Partners, LLC6570 00For

13. Amendment to the 2021 Equity Incentive Plan

CAPITAL STRUCTUREMajority of the votes cast: yes

Meeting held 2024-12-10.

Combines 2 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 209,507,517AGAINST: 18,860,563

PALO ALTO NETWORKS INC.’s own tally for this item (“5.An amendment to the 2021 Plan to increase the number of shares reserved for future issuance under the 2021 Plan was approved.”): 209,507,517 for, 18,860,563 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 327,700,000 outstanding shares: 64% for, 6% against (70% of the company cast a for/against vote).

The 11 asset managers below cast 100% of the shares they voted on this item FOR (151,129 for, 0 against).

FOR 100%
FOR: 151,129 (100.0%)
Largest asset managers voting on “Amendment to the 2021 Equity Incentive Plan” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.95,3620 00For
Union Investment Privatfonds GmbH28,8660 00For
OSSIAM10,9440 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma7,1950 00For
Investment Managers Series Trust II3,5740 00For
FAYEZ SAROFIM & CO2,3300 00For
AMERICAN BEACON FUNDS1,6200 00For
Union Investment Institutional GmbH1,0000 00For
Ballew Advisors, Inc1140 00For
Northern Lights Fund Trust IV930 00For
PACE SELECT ADVISORS TRUST310 00For

14. Amend Incentive Stock Option Plan

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

Meeting held 2024-12-10.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 209,507,517AGAINST: 18,860,563

PALO ALTO NETWORKS INC.’s own tally for this item (“5.An amendment to the 2021 Plan to increase the number of shares reserved for future issuance under the 2021 Plan was approved.”): 209,507,517 for, 18,860,563 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 327,700,000 outstanding shares: 64% for, 6% against (70% of the company cast a for/against vote).

The 8 asset managers below cast 100% of the shares they voted on this item FOR (4,332 for, 0 against).

FOR 77%11%12%
FOR: 4,332 (77.5%)ABSTAIN: 600 (10.7%)A: 660 (11.8%)
Largest asset managers voting on “Amend Incentive Stock Option Plan” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Robocap Asset Management Ltd2,2240 00For
Ultimus Managers Trust1,5410 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 00A
WILLIAMSBURG INVESTMENT TRUST00 6000Abstain
VOISARD ASSET MANAGEMENT GROUP, INC.4310 00For
Simplify Exchange Traded Funds930 00For
Williamson Legacy Group, LLC290 00For
ESL Trust Services, LLC140 00For

15. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2024-12-10.

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.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 7 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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Green Alpha Advisors, LLC6,2850 00For
Ultimus Managers Trust1,5410 00For
WILLIAMSBURG INVESTMENT TRUST6000 00For
VOISARD ASSET MANAGEMENT GROUP, INC.4310 00For
Simplify Exchange Traded Funds930 00For
Williamson Legacy Group, LLC290 00For
ESL Trust Services, LLC140 00For

16. Frequency of Advisory Vote on Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

— fund support · no official result

1 YEAR 94%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1 YEAR: 24,136 (93.6%)ONE YEAR: 1,651 (6.4%)
Largest asset managers voting on “Frequency of Advisory Vote on Executive Compensation” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
OSSIAM00 001 Year
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma00 001 Year
Investment Managers Series Trust II00 001 Year
FAYEZ SAROFIM & CO00 001 Year
AMERICAN BEACON FUNDS00 00One Year
Northern Lights Fund Trust IV00 001 Year
PACE SELECT ADVISORS TRUST00 00One Year

17. S/H Proposal - Environmental

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2024-12-10.

5% fund support · no official result

AGAINST 95%

The 6 asset managers below cast 5% of the shares they voted on this item FOR (122 for, 2,586 against).

FOR: 122 (4.5%)AGAINST: 2,586 (95.5%)
Largest asset managers voting on “S/H Proposal - Environmental” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Ultimus Managers Trust01,541 00Against
WILLIAMSBURG INVESTMENT TRUST0600 00Against
VOISARD ASSET MANAGEMENT GROUP, INC.0431 00Against
Simplify Exchange Traded Funds930 00For
Williamson Legacy Group, LLC290 00For
ESL Trust Services, LLC014 00Against

18. 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 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 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 327,700,000 outstanding shares: 26% for, 42% against (68% of the company cast a for/against vote).

The 6 asset managers below cast 15% of the shares they voted on this item FOR (226 for, 1,316 against).

FOR 15%AGAINST 85%
FOR: 226 (14.7%)AGAINST: 1,316 (85.3%)
Largest asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC0956 00Against
VAUGHAN DAVID INVESTMENTS LLC/IL0360 00Against
Sky Investment Group LLC1700 00For
Americana Partners, LLC380 00For
Axiom Financial Strategies, LLC180 00For
Echo45 Advisors LLC00 00--

19. To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer compensation: Please vote for on this resolution to approve 1 year

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (42,480 for, 0 against).

FOR: 42,480 (100.0%)
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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Union Investment Privatfonds GmbH28,8660 00For
Universal-Investment-Gesellschaft mbH11,3480 00For
Universal-Investment-Luxembourg S.A.1,2000 00For
Union Investment Institutional GmbH1,0000 00For
DAVIDSON TRUST CO660 00For

20. Shareholder Proposal Regarding Report on Portfolio Risk in Employee Retirement Options

COMPENSATIONMajority of the votes cast: no

Meeting held 2024-12-10.

12% Majority: no · of votes cast

12%AGAINST 88%
FOR: 27,672,696AGAINST: 199,261,811

PALO ALTO NETWORKS INC.’s own tally for this item (“6.A shareholder proposal regarding a report on climate risks to retirement plan beneficiaries was not approved.”): 27,672,696 for, 199,261,811 against, per its Form 8-K filed 2024-12-12 (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 327,700,000 outstanding shares: 8% for, 61% against (69% of the company cast a for/against vote).

The 5 asset managers below cast 98% of the shares they voted on this item FOR (98,936 for, 1,744 against).

FOR 98%
FOR: 98,936 (98.3%)AGAINST: 1,744 (1.7%)
Largest asset managers voting on “Shareholder Proposal Regarding Report on Portfolio Risk in Employee Retirement Options” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.95,3620 00For
Investment Managers Series Trust II3,5740 00For
AMERICAN BEACON FUNDS01,620 00Against
Northern Lights Fund Trust IV093 00Against
PACE SELECT ADVISORS TRUST031 00Against

21. To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer compensation: Please vote for on this resolution to approve 2 years

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

0% fund support · no official result

AGAINST 70%NOT VOTED 30%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 29,866 against).

AGAINST: 29,866 (70.4%)NOT VOTED: 12,548 (29.6%)
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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Union Investment Privatfonds GmbH028,866 00Against
Universal-Investment-Gesellschaft mbH00 00Not Voted
Universal-Investment-Luxembourg S.A.00 00Not Voted
Union Investment Institutional GmbH01,000 00Against

22. To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer compensation: Please vote for on this resolution to approve 3 years

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

0% fund support · no official result

AGAINST 70%NOT VOTED 30%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 29,866 against).

AGAINST: 29,866 (70.4%)NOT VOTED: 12,548 (29.6%)
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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Union Investment Privatfonds GmbH028,866 00Against
Universal-Investment-Gesellschaft mbH00 00Not Voted
Universal-Investment-Luxembourg S.A.00 00Not Voted
Union Investment Institutional GmbH01,000 00Against

23. To approve, on an advisory basis, the frequency of holding future advisory votes on named executive officer compensation: Please vote for on this resolution to approve abstain

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

0% fund support · no official result

AGAINST 70%NOT VOTED 30%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 29,866 against).

AGAINST: 29,866 (70.4%)NOT VOTED: 12,548 (29.6%)
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., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Union Investment Privatfonds GmbH028,866 00Against
Universal-Investment-Gesellschaft mbH00 00Not Voted
Universal-Investment-Luxembourg S.A.00 00Not Voted
Union Investment Institutional GmbH01,000 00Against

24. Advisory vote on the frequency of advisory votes on named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-10.

— fund support · no official result

ONE YEAR 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ONE YEAR: 4,798 (100.0%)
Largest asset managers voting on “Advisory vote on the frequency of advisory votes on named executive officer compensation” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
NTV ASSET MANAGEMENT LLC00 00One Year
BIT Capital GmbH00 00--

25. COMPENSATION

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

Meeting held 2024-12-10.

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 327,700,000 outstanding shares: 35% for, 34% against (70% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (3,721 for, 0 against).

FOR 100%
FOR: 3,721 (100.0%)
Largest asset managers voting on “COMPENSATION” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group3,6400 00For
Members Trust Co810 00For

26. Director Elections

DIRECTOR ELECTIONS

Meeting held 2024-12-10.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (195 for, 0 against).

FOR: 195 (100.0%)
Largest asset managers voting on “Director Elections” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Ballew Advisors, Inc1140 00For
Members Trust Co810 00For

27. SECTION 14A SAY-ON-PAY VOTES

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

Meeting held 2024-12-10.

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 327,700,000 outstanding shares: 35% for, 34% against (70% of the company cast a for/against vote).

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

OTHER. SEE OTHER INFORMATION COLUMN 100%
OTHER. SEE OTHER INFORMATION COLUMN: 81 (100.0%)
Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Members Trust Co00 00Other. See Other Information Column
Lido Advisors, LLC00 00--

28. Say on Pay

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

Meeting held 2024-12-10.

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 327,700,000 outstanding shares: 35% for, 34% against (70% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (16,452 for, 0 against).

FOR 100%
FOR: 16,452 (100.0%)
Largest asset managers voting on “Say on Pay” at PALO ALTO NETWORKS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Ramsay, Stattman, Vela & Price, Inc.14,3250 00For
Empower2,1270 00For

Largest PALO ALTO NETWORKS INC. shareholders voting in 2024-2025

Ranked by the number of PALO ALTO NETWORKS INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 327,700,000 shares outstanding at the time of that meeting.

Top PALO ALTO NETWORKS INC. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 9.55%
2BlackRock 4.60%
3State Street 3.69%
4Fidelity 3.19%
5JPMorgan 2.70%
6GEODE CAPITAL MANAGEMENT, LLC 2.34%
7Capital Research Global Investors 1.34%
8Charles Schwab 1.26%
9Invesco 1.06%
10Northern Trust 0.98%

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 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 19.16% 13F
BlackRock 16.24% 13F
State Street 8.84% 13F
Morgan Stanley 8.76% 13F
JPMorgan Chase 4.74% 13F
FMR (Fidelity) 2.76% 13F
Northern Trust 2.36% 13F
Citadel Advisors 2.31% 13F
Goldman Sachs 2.21% 13F
Nir Zuk 1.00% DEF14A

Percentages above are of 327,700,000 shares outstanding, as reported by PALO ALTO NETWORKS INC. on its Form 10-Q dated 2024-10-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 2024-10-31. 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 2024-12-10, in the 2024-2025 proxy season, 1,269 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,075 separate fund positions. Their filings are grouped here into 28 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 50.9% 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 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 2024-12-12.

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