PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

NATURAL INVESTMENTS, LLC's Holding History (CIK: 0001800245)

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

Q4 2025

Shares 16,728 Value ($000) $3 Avg Close $201.75 Range $180.05 - $223.61

Q2 2025

Shares 20,772 Value ($000) $4 Avg Close $185.70 Range $144.15 - $206.74

Q1 2025

Shares 22,292 Value ($000) $4 Avg Close $184.92 Range $165.88 - $208.39

Q4 2024

Shares 25,454 Value ($000) $5 Avg Close $188.91 Range $164.13 - $207.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,728	$3	$201.75	$180.05 - $223.61
Q2 2025	20,772	$4	$185.70	$144.15 - $206.74
Q1 2025	22,292	$4	$184.92	$165.88 - $208.39
Q4 2024	25,454	$5	$188.91	$164.13 - $207.24