PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

MAD RIVER INVESTORS's Holding History (CIK: 0001384484)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 5,484 Value ($000) $1,010 Avg Close $201.75 Range $180.05 - $223.61

Q3 2025

Shares 5,484 Value ($000) $1,117 Avg Close $191.42 Range $165.21 - $210.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,484	$1,010	$201.75	$180.05 - $223.61
Q3 2025	5,484	$1,117	$191.42	$165.21 - $210.39