[8-K] Carnival Corporation Reports Material Event
Palo Alto Networks, Inc. (PANW) 鈥� Form 144 filing dated July 1, 2025 discloses a proposed secondary sale of 300,000 common shares by family-related trusts through J.P. Morgan Securities LLC. The shares carry an estimated aggregate market value of $61.392 million based on recent prices and represent approximately 0.05 % of the company鈥檚 666.8 million shares outstanding, implying limited ownership dilution because no new shares are being issued.
The trusts involved (Hawk Family Trust and multiple Cliff Family Trust sub-accounts) have been active sellers. Over the previous three months they completed eight open-market transactions totaling 鈮�959,796 shares and $145.6 million in gross proceeds, with sales executed on 11-Apr-2025, 1-May-2025 and 2-Jun-2025. The forthcoming 300 k-share block would lift the rolling four-month total to roughly 1.26 million shares.
All sales are made pursuant to Rule 144, which permits resale of restricted or control securities subject to volume, manner-of-sale and notice requirements. The seller certifies that no undisclosed material adverse information is known and, if applicable, that any Rule 10b5-1 trading plan was adopted on the date indicated.
Investment takeaways:
- The filing signals continued insider-related supply but on a scale unlikely to materially affect PANW鈥檚 float or trading liquidity.
- Because these are secondary sales, no cash flows to the company; proceeds accrue solely to the trusts.
- Investors may nevertheless monitor insider sentiment, especially given the nine-month cadence of sizable disposals.
Palo Alto Networks, Inc. (PANW) 鈥� Deposito Form 144 datato 1 luglio 2025, rivela una proposta di vendita secondaria di 300.000 azioni ordinarie da parte di trust familiari tramite J.P. Morgan Securities LLC. Le azioni hanno un valore di mercato aggregato stimato di 61,392 milioni di dollari basato sui prezzi recenti e rappresentano circa il 0,05% delle 666,8 milioni di azioni in circolazione della societ脿, implicando una diluizione della propriet脿 limitata poich茅 non vengono emesse nuove azioni.
I trust coinvolti (Hawk Family Trust e diversi sottoconti del Cliff Family Trust) sono stati venditori attivi. Negli ultimi tre mesi hanno completato otto transazioni sul mercato aperto per un totale di circa 959.796 azioni e 145,6 milioni di dollari di ricavi lordi, con vendite eseguite l'11 aprile 2025, 1 maggio 2025 e 2 giugno 2025. Il blocco imminente di 300.000 azioni porterebbe il totale mobile su quattro mesi a circa 1,26 milioni di azioni.
Tutte le vendite sono effettuate ai sensi della Regola 144, che consente la rivendita di titoli soggetti a restrizioni o di controllo, rispettando limiti di volume, modalit脿 di vendita e requisiti di notifica. Il venditore certifica di non essere a conoscenza di informazioni materiali sfavorevoli non divulgate e, se applicabile, che qualsiasi piano di trading secondo la Regola 10b5-1 猫 stato adottato nella data indicata.
Conclusioni per gli investitori:
- Il deposito segnala una continua offerta da parte di insider, ma su una scala improbabile da influenzare significativamente il flottante o la liquidit脿 di PANW.
- Essendo vendite secondarie, non generano flussi di cassa per la societ脿; i proventi vanno esclusivamente ai trust.
- Gli investitori potrebbero comunque monitorare il sentiment degli insider, soprattutto considerando la frequenza di nove mesi tra le cessioni significative.
Palo Alto Networks, Inc. (PANW) 鈥� Presentaci贸n Formulario 144 fechada el 1 de julio de 2025 revela una propuesta de venta secundaria de 300,000 acciones comunes por parte de fideicomisos familiares a trav茅s de J.P. Morgan Securities LLC. Las acciones tienen un valor de mercado agregado estimado de 61.392 millones de d贸lares basado en precios recientes y representan aproximadamente el 0,05% de las 666,8 millones de acciones en circulaci贸n de la compa帽铆a, lo que implica una diluci贸n limitada de la propiedad ya que no se emiten nuevas acciones.
Los fideicomisos involucrados (Hawk Family Trust y varias subcuentas del Cliff Family Trust) han sido vendedores activos. En los 煤ltimos tres meses completaron ocho transacciones en el mercado abierto por un total de aproximadamente 959,796 acciones y 145,6 millones de d贸lares en ingresos brutos, con ventas ejecutadas el 11 de abril de 2025, 1 de mayo de 2025 y 2 de junio de 2025. El bloque pr贸ximo de 300,000 acciones elevar铆a el total m贸vil de cuatro meses a aproximadamente 1.26 millones de acciones.
Todas las ventas se realizan conforme a la Regla 144, que permite la reventa de valores restringidos o de control sujetos a l铆mites de volumen, modo de venta y requisitos de notificaci贸n. El vendedor certifica que no conoce informaci贸n material adversa no divulgada y, si corresponde, que cualquier plan de negociaci贸n bajo la Regla 10b5-1 fue adoptado en la fecha indicada.
Conclusiones para inversores:
- La presentaci贸n se帽ala una continua oferta relacionada con insiders, pero a una escala poco probable que afecte materialmente el flotante o la liquidez de PANW.
- Al tratarse de ventas secundarias, no hay flujo de efectivo para la empresa; los ingresos corresponden exclusivamente a los fideicomisos.
- Sin embargo, los inversores pueden monitorear el sentimiento de los insiders, especialmente dada la frecuencia de nueve meses entre disposiciones significativas.
Palo Alto Networks, Inc. (PANW) 鈥� 2025雲� 7鞗� 1鞚检瀽 Form 144 鞝滌稖鞚� 臧�臁� 甏�霠� 鞁犿儊鞚� 韱淀暣 J.P. Morgan Securities LLC毳� 韱淀暅 300,000欤� 氤错喌欤�鞚� 2彀� 毵る弰 鞝滌晥鞚� 瓿店皽頃╇媹雼�. 頃措嫻 欤检嫕鞚� 斓滉芳 臧�瓴╈潉 旮办鞙茧 鞎� 6,139毵� 2觳� 雼煬鞚� 齑� 鞁滌灔 臧�旃橂ゼ 臧�歆�氅�, 須岇偓鞚� 6鞏� 6,680毵� 欤� 氚滍枆 欤检嫕 欷� 鞎� 0.05%鞐� 頃措嫻頃橃棳, 鞁犼窚 欤检嫕 氚滍枆鞚� 鞐嗢溂氙�搿� 靻岇湢甓� 頋劃鞚� 鞝滍暅鞝侅瀯鞚� 鞚橂頃╇媹雼�.
甏�霠� 鞁犿儊霌�(Hawk Family Trust 氚� 鞐煬 Cliff Family Trust 頃橃渼 瓿勳)鞚� 頇滊皽頃� 毵る弰鞛愳榾鞀惦媹雼�. 斓滉芳 3臧滌洈 霃欖晥 鞚措摛鞚� 齑� 鞎� 95毵� 9,796欤�鞕赌 1鞏� 4,560毵� 雼煬鞚� 齑� 毵れ稖鞚� 旮半頃� 8瓯�鞚� 瓿店皽 鞁滌灔 瓯半灅毳� 鞕勲頄堨溂氅�, 2025雲� 4鞗� 11鞚�, 5鞗� 1鞚�, 6鞗� 2鞚检棎 毵る弰 瓯半灅臧� 鞁ろ枆霅橃棃鞀惦媹雼�. 鞚措矆 30毵� 欤� 毵る弰電� 斓滉芳 4臧滌洈 臧� 齑� 毵る弰霟夓潉 鞎� 126毵� 欤茧 電橂Υ 瓴冹瀰雼堧嫟.
氇摖 毵る弰電� 鞝滍暅 欤检嫕 霕愲姅 韱奠牅 欤检嫕鞚� 鞛寪毵るゼ 項堨毄頃橂姅 攴滌箼 144鞐� 霐半澕 鞚措（鞏挫氅�, 瓯半灅霟�, 韺愲Г 氚╈嫕 氚� 韱奠 鞖旉贝鞚� 欷�靾橅暣鞎� 頃╇媹雼�. 韺愲Г鞛愲姅 氙戈车臧� 欷戨寑頃� 攵�鞝曥爜 鞝曤炒毳� 鞎岇 氇豁晿氅�, 頃措嫻霅橂姅 瓴届毎 攴滌箼 10b5-1 瓯半灅 瓿勴殟鞚� 歆�鞝曤悳 雮犾鞐� 毂勴儩霅橃棃鞚岇潉 鞚胳頃╇媹雼�.
韴瀽 鞁� 彀戈碃 靷暛:
- 鞚措矆 鞝滌稖鞚� 瓿勳啀霅橂姅 雮措秬鞛� 甏�霠� 毵る弰毳� 鞁滌偓頃橃毵� PANW鞚� 鞙犿喌 欤检嫕 靾橂倶 瓯半灅 鞙犽彊靹膘棎 鞁れ鞝侅澑 鞓來枼鞚� 氙胳箻旮� 鞏措牑鞖� 攴滊鞛呺媹雼�.
- 鞚措摛鞚� 2彀� 毵る弰鞚措瘈搿�, 須岇偓鞐愲姅 順勱笀 鞙犾瀰鞚� 鞐嗢姷雼堧嫟; 靾橃澋鞚� 鞝勳爜鞙茧 鞁犿儊鞐� 攴�靻嶋惄雼堧嫟.
- 韴瀽鞛愲摛鞚� 韸鬼瀳 9臧滌洈 欤缄赴鞚� 雽�攴滊 毵る弰 於旍劯毳� 瓿犽牑頃橃棳 雮措秬鞛� 鞁Μ毳� 欤检嫓頃� 靾� 鞛堨姷雼堧嫟.
Palo Alto Networks, Inc. (PANW) 鈥� D茅p么t du formulaire 144 dat茅 du 1er juillet 2025 r茅v猫le une proposition de vente secondaire de 300 000 actions ordinaires par des trusts familiaux via J.P. Morgan Securities LLC. Les actions repr茅sentent une valeur marchande agr茅g茅e estim茅e 脿 61,392 millions de dollars sur la base des cours r茅cents et repr茅sentent environ 0,05 % des 666,8 millions d'actions en circulation de la soci茅t茅, ce qui implique une dilution limit茅e de la propri茅t茅 car aucune nouvelle action n'est 茅mise.
Les trusts impliqu茅s (Hawk Family Trust et plusieurs sous-comptes du Cliff Family Trust) ont 茅t茅 des vendeurs actifs. Au cours des trois derniers mois, ils ont r茅alis茅 huit transactions sur le march茅 libre totalisant environ 959 796 actions et 145,6 millions de dollars de produits bruts, avec des ventes effectu茅es les 11 avril 2025, 1er mai 2025 et 2 juin 2025. Le bloc de 300 000 actions 脿 venir porterait le total glissant sur quatre mois 脿 environ 1,26 million d'actions.
Toutes les ventes sont effectu茅es conform茅ment 脿 la r猫gle 144, qui autorise la revente de titres restreints ou contr么l茅s sous r茅serve de limites de volume, de modalit茅s de vente et d'exigences de notification. Le vendeur certifie qu'il n'a pas connaissance d'informations d茅favorables importantes non divulgu茅es et, le cas 茅ch茅ant, qu'un plan de n茅gociation selon la r猫gle 10b5-1 a 茅t茅 adopt茅 脿 la date indiqu茅e.
Points cl茅s pour les investisseurs :
- Le d茅p么t signale une offre continue li茅e aux initi茅s, mais 脿 une 茅chelle peu susceptible d'affecter mat茅riellement le flottant ou la liquidit茅 de PANW.
- 脡tant donn茅 qu'il s'agit de ventes secondaires, aucun flux de tr茅sorerie ne revient 脿 la soci茅t茅 ; les produits vont exclusivement aux trusts.
- Les investisseurs peuvent n茅anmoins surveiller le sentiment des initi茅s, surtout compte tenu du rythme de neuf mois entre les cessions importantes.
Palo Alto Networks, Inc. (PANW) 鈥� Form 144 Einreichung vom 1. Juli 2025 offenbart einen geplanten Sekund盲rverkauf von 300.000 Stammaktien durch familienbezogene Trusts 眉ber J.P. Morgan Securities LLC. Die Aktien haben basierend auf aktuellen Kursen einen gesch盲tzten Gesamtmarktwert von 61,392 Millionen US-Dollar und entsprechen etwa 0,05% der 666,8 Millionen ausstehenden Aktien des Unternehmens, was auf eine begrenzte Verw盲sserung der Eigentumsverh盲ltnisse hinweist, da keine neuen Aktien ausgegeben werden.
Die beteiligten Trusts (Hawk Family Trust und mehrere Unterkonten des Cliff Family Trust) waren aktive Verk盲ufer. In den letzten drei Monaten f眉hrten sie acht Transaktionen am offenen Markt mit insgesamt etwa 959.796 Aktien und 145,6 Millionen US-Dollar Bruttoerl枚sen durch, mit Verk盲ufen am 11. April 2025, 1. Mai 2025 und 2. Juni 2025. Der bevorstehende Block von 300.000 Aktien w眉rde die rollierende Viermonatsgesamtmenge auf etwa 1,26 Millionen Aktien erh枚hen.
Alle Verk盲ufe erfolgen gem盲脽 Regel 144, die den Weiterverkauf von eingeschr盲nkten oder kontrollierten Wertpapieren unter Einhaltung von Volumen-, Verkaufsart- und Meldepflichten erlaubt. Der Verk盲ufer best盲tigt, dass keine nicht offengelegten wesentlichen negativen Informationen bekannt sind und gegebenenfalls, dass ein Rule 10b5-1 Handelsplan zum angegebenen Datum angenommen wurde.
Investitionshinweise:
- Die Einreichung signalisiert weiterhin ein angebot von Insidern, jedoch in einem Umfang, der die Streuung oder Handelsliquidit盲t von PANW voraussichtlich nicht wesentlich beeinflusst.
- Da es sich um Sekund盲rverk盲ufe handelt, flie脽t kein Geld an das Unternehmen; die Erl枚se gehen ausschlie脽lich an die Trusts.
- Investoren k枚nnen dennoch die Stimmung der Insider beobachten, insbesondere angesichts des neunmonatigen Rhythmus gr枚脽erer Ver盲u脽erungen.
- Minimal dilution risk: 300 k shares represent just 0.05 % of outstanding stock, and no new shares are being issued.
- Regulatory compliance: Filing under Rule 144 demonstrates adherence to volume and disclosure requirements, limiting legal or governance risks.
- Continued insider-related selling: Roughly 1.26 million shares (~0.19 % of outstanding) have been or will be sold within four months, signaling potential insider profit-taking.
- Supply overhang: Although small relative to float, repeated block sales can create short-term price pressure and raise sentiment concerns.
Insights
TL;DR: Small (<0.1% float) insider sale; negligible dilution, but extends multi-month selling trend worth $145 m.
The 300 k-share proposed sale equals roughly one-half day of PANW鈥檚 average trading volume and only 0.05 % of outstanding shares, suggesting minimal price pressure. However, when combined with the 960 k shares sold in the prior quarter, insider-related supply reaches ~1.26 m shares (~0.19 % of shares outstanding). While not alarming, the consistent liquidation pattern may be interpreted by some holders as profit-taking near all-time highs. Importantly, the transaction is secondary; corporate capital structure and cash reserves remain unchanged. Overall impact to valuation models is neutral.
TL;DR: Rule 144 notice reflects routine estate-trust liquidity; governance risk low, monitoring advisable.
Family trusts linked to company insiders are availing themselves of Rule 144鈥檚 safe harbor. The filing affirms the signatory鈥檚 representation that no non-public adverse information exists, reducing litigation exposure. Volume limits are respected, indicating adherence to compliance protocols. Although recurrent selling can raise optics questions, the trust-level nature (as opposed to direct C-suite disposal) and the low percentage of equity involved mitigate governance concerns. Impact on shareholder rights or voting control is negligible. I categorize the event as not impactful for governance risk but note that investors may wish to track cumulative dispositions for trend analysis.
Palo Alto Networks, Inc. (PANW) 鈥� Deposito Form 144 datato 1 luglio 2025, rivela una proposta di vendita secondaria di 300.000 azioni ordinarie da parte di trust familiari tramite J.P. Morgan Securities LLC. Le azioni hanno un valore di mercato aggregato stimato di 61,392 milioni di dollari basato sui prezzi recenti e rappresentano circa il 0,05% delle 666,8 milioni di azioni in circolazione della societ脿, implicando una diluizione della propriet脿 limitata poich茅 non vengono emesse nuove azioni.
I trust coinvolti (Hawk Family Trust e diversi sottoconti del Cliff Family Trust) sono stati venditori attivi. Negli ultimi tre mesi hanno completato otto transazioni sul mercato aperto per un totale di circa 959.796 azioni e 145,6 milioni di dollari di ricavi lordi, con vendite eseguite l'11 aprile 2025, 1 maggio 2025 e 2 giugno 2025. Il blocco imminente di 300.000 azioni porterebbe il totale mobile su quattro mesi a circa 1,26 milioni di azioni.
Tutte le vendite sono effettuate ai sensi della Regola 144, che consente la rivendita di titoli soggetti a restrizioni o di controllo, rispettando limiti di volume, modalit脿 di vendita e requisiti di notifica. Il venditore certifica di non essere a conoscenza di informazioni materiali sfavorevoli non divulgate e, se applicabile, che qualsiasi piano di trading secondo la Regola 10b5-1 猫 stato adottato nella data indicata.
Conclusioni per gli investitori:
- Il deposito segnala una continua offerta da parte di insider, ma su una scala improbabile da influenzare significativamente il flottante o la liquidit脿 di PANW.
- Essendo vendite secondarie, non generano flussi di cassa per la societ脿; i proventi vanno esclusivamente ai trust.
- Gli investitori potrebbero comunque monitorare il sentiment degli insider, soprattutto considerando la frequenza di nove mesi tra le cessioni significative.
Palo Alto Networks, Inc. (PANW) 鈥� Presentaci贸n Formulario 144 fechada el 1 de julio de 2025 revela una propuesta de venta secundaria de 300,000 acciones comunes por parte de fideicomisos familiares a trav茅s de J.P. Morgan Securities LLC. Las acciones tienen un valor de mercado agregado estimado de 61.392 millones de d贸lares basado en precios recientes y representan aproximadamente el 0,05% de las 666,8 millones de acciones en circulaci贸n de la compa帽铆a, lo que implica una diluci贸n limitada de la propiedad ya que no se emiten nuevas acciones.
Los fideicomisos involucrados (Hawk Family Trust y varias subcuentas del Cliff Family Trust) han sido vendedores activos. En los 煤ltimos tres meses completaron ocho transacciones en el mercado abierto por un total de aproximadamente 959,796 acciones y 145,6 millones de d贸lares en ingresos brutos, con ventas ejecutadas el 11 de abril de 2025, 1 de mayo de 2025 y 2 de junio de 2025. El bloque pr贸ximo de 300,000 acciones elevar铆a el total m贸vil de cuatro meses a aproximadamente 1.26 millones de acciones.
Todas las ventas se realizan conforme a la Regla 144, que permite la reventa de valores restringidos o de control sujetos a l铆mites de volumen, modo de venta y requisitos de notificaci贸n. El vendedor certifica que no conoce informaci贸n material adversa no divulgada y, si corresponde, que cualquier plan de negociaci贸n bajo la Regla 10b5-1 fue adoptado en la fecha indicada.
Conclusiones para inversores:
- La presentaci贸n se帽ala una continua oferta relacionada con insiders, pero a una escala poco probable que afecte materialmente el flotante o la liquidez de PANW.
- Al tratarse de ventas secundarias, no hay flujo de efectivo para la empresa; los ingresos corresponden exclusivamente a los fideicomisos.
- Sin embargo, los inversores pueden monitorear el sentimiento de los insiders, especialmente dada la frecuencia de nueve meses entre disposiciones significativas.
Palo Alto Networks, Inc. (PANW) 鈥� 2025雲� 7鞗� 1鞚检瀽 Form 144 鞝滌稖鞚� 臧�臁� 甏�霠� 鞁犿儊鞚� 韱淀暣 J.P. Morgan Securities LLC毳� 韱淀暅 300,000欤� 氤错喌欤�鞚� 2彀� 毵る弰 鞝滌晥鞚� 瓿店皽頃╇媹雼�. 頃措嫻 欤检嫕鞚� 斓滉芳 臧�瓴╈潉 旮办鞙茧 鞎� 6,139毵� 2觳� 雼煬鞚� 齑� 鞁滌灔 臧�旃橂ゼ 臧�歆�氅�, 須岇偓鞚� 6鞏� 6,680毵� 欤� 氚滍枆 欤检嫕 欷� 鞎� 0.05%鞐� 頃措嫻頃橃棳, 鞁犼窚 欤检嫕 氚滍枆鞚� 鞐嗢溂氙�搿� 靻岇湢甓� 頋劃鞚� 鞝滍暅鞝侅瀯鞚� 鞚橂頃╇媹雼�.
甏�霠� 鞁犿儊霌�(Hawk Family Trust 氚� 鞐煬 Cliff Family Trust 頃橃渼 瓿勳)鞚� 頇滊皽頃� 毵る弰鞛愳榾鞀惦媹雼�. 斓滉芳 3臧滌洈 霃欖晥 鞚措摛鞚� 齑� 鞎� 95毵� 9,796欤�鞕赌 1鞏� 4,560毵� 雼煬鞚� 齑� 毵れ稖鞚� 旮半頃� 8瓯�鞚� 瓿店皽 鞁滌灔 瓯半灅毳� 鞕勲頄堨溂氅�, 2025雲� 4鞗� 11鞚�, 5鞗� 1鞚�, 6鞗� 2鞚检棎 毵る弰 瓯半灅臧� 鞁ろ枆霅橃棃鞀惦媹雼�. 鞚措矆 30毵� 欤� 毵る弰電� 斓滉芳 4臧滌洈 臧� 齑� 毵る弰霟夓潉 鞎� 126毵� 欤茧 電橂Υ 瓴冹瀰雼堧嫟.
氇摖 毵る弰電� 鞝滍暅 欤检嫕 霕愲姅 韱奠牅 欤检嫕鞚� 鞛寪毵るゼ 項堨毄頃橂姅 攴滌箼 144鞐� 霐半澕 鞚措（鞏挫氅�, 瓯半灅霟�, 韺愲Г 氚╈嫕 氚� 韱奠 鞖旉贝鞚� 欷�靾橅暣鞎� 頃╇媹雼�. 韺愲Г鞛愲姅 氙戈车臧� 欷戨寑頃� 攵�鞝曥爜 鞝曤炒毳� 鞎岇 氇豁晿氅�, 頃措嫻霅橂姅 瓴届毎 攴滌箼 10b5-1 瓯半灅 瓿勴殟鞚� 歆�鞝曤悳 雮犾鞐� 毂勴儩霅橃棃鞚岇潉 鞚胳頃╇媹雼�.
韴瀽 鞁� 彀戈碃 靷暛:
- 鞚措矆 鞝滌稖鞚� 瓿勳啀霅橂姅 雮措秬鞛� 甏�霠� 毵る弰毳� 鞁滌偓頃橃毵� PANW鞚� 鞙犿喌 欤检嫕 靾橂倶 瓯半灅 鞙犽彊靹膘棎 鞁れ鞝侅澑 鞓來枼鞚� 氙胳箻旮� 鞏措牑鞖� 攴滊鞛呺媹雼�.
- 鞚措摛鞚� 2彀� 毵る弰鞚措瘈搿�, 須岇偓鞐愲姅 順勱笀 鞙犾瀰鞚� 鞐嗢姷雼堧嫟; 靾橃澋鞚� 鞝勳爜鞙茧 鞁犿儊鞐� 攴�靻嶋惄雼堧嫟.
- 韴瀽鞛愲摛鞚� 韸鬼瀳 9臧滌洈 欤缄赴鞚� 雽�攴滊 毵る弰 於旍劯毳� 瓿犽牑頃橃棳 雮措秬鞛� 鞁Μ毳� 欤检嫓頃� 靾� 鞛堨姷雼堧嫟.
Palo Alto Networks, Inc. (PANW) 鈥� D茅p么t du formulaire 144 dat茅 du 1er juillet 2025 r茅v猫le une proposition de vente secondaire de 300 000 actions ordinaires par des trusts familiaux via J.P. Morgan Securities LLC. Les actions repr茅sentent une valeur marchande agr茅g茅e estim茅e 脿 61,392 millions de dollars sur la base des cours r茅cents et repr茅sentent environ 0,05 % des 666,8 millions d'actions en circulation de la soci茅t茅, ce qui implique une dilution limit茅e de la propri茅t茅 car aucune nouvelle action n'est 茅mise.
Les trusts impliqu茅s (Hawk Family Trust et plusieurs sous-comptes du Cliff Family Trust) ont 茅t茅 des vendeurs actifs. Au cours des trois derniers mois, ils ont r茅alis茅 huit transactions sur le march茅 libre totalisant environ 959 796 actions et 145,6 millions de dollars de produits bruts, avec des ventes effectu茅es les 11 avril 2025, 1er mai 2025 et 2 juin 2025. Le bloc de 300 000 actions 脿 venir porterait le total glissant sur quatre mois 脿 environ 1,26 million d'actions.
Toutes les ventes sont effectu茅es conform茅ment 脿 la r猫gle 144, qui autorise la revente de titres restreints ou contr么l茅s sous r茅serve de limites de volume, de modalit茅s de vente et d'exigences de notification. Le vendeur certifie qu'il n'a pas connaissance d'informations d茅favorables importantes non divulgu茅es et, le cas 茅ch茅ant, qu'un plan de n茅gociation selon la r猫gle 10b5-1 a 茅t茅 adopt茅 脿 la date indiqu茅e.
Points cl茅s pour les investisseurs :
- Le d茅p么t signale une offre continue li茅e aux initi茅s, mais 脿 une 茅chelle peu susceptible d'affecter mat茅riellement le flottant ou la liquidit茅 de PANW.
- 脡tant donn茅 qu'il s'agit de ventes secondaires, aucun flux de tr茅sorerie ne revient 脿 la soci茅t茅 ; les produits vont exclusivement aux trusts.
- Les investisseurs peuvent n茅anmoins surveiller le sentiment des initi茅s, surtout compte tenu du rythme de neuf mois entre les cessions importantes.
Palo Alto Networks, Inc. (PANW) 鈥� Form 144 Einreichung vom 1. Juli 2025 offenbart einen geplanten Sekund盲rverkauf von 300.000 Stammaktien durch familienbezogene Trusts 眉ber J.P. Morgan Securities LLC. Die Aktien haben basierend auf aktuellen Kursen einen gesch盲tzten Gesamtmarktwert von 61,392 Millionen US-Dollar und entsprechen etwa 0,05% der 666,8 Millionen ausstehenden Aktien des Unternehmens, was auf eine begrenzte Verw盲sserung der Eigentumsverh盲ltnisse hinweist, da keine neuen Aktien ausgegeben werden.
Die beteiligten Trusts (Hawk Family Trust und mehrere Unterkonten des Cliff Family Trust) waren aktive Verk盲ufer. In den letzten drei Monaten f眉hrten sie acht Transaktionen am offenen Markt mit insgesamt etwa 959.796 Aktien und 145,6 Millionen US-Dollar Bruttoerl枚sen durch, mit Verk盲ufen am 11. April 2025, 1. Mai 2025 und 2. Juni 2025. Der bevorstehende Block von 300.000 Aktien w眉rde die rollierende Viermonatsgesamtmenge auf etwa 1,26 Millionen Aktien erh枚hen.
Alle Verk盲ufe erfolgen gem盲脽 Regel 144, die den Weiterverkauf von eingeschr盲nkten oder kontrollierten Wertpapieren unter Einhaltung von Volumen-, Verkaufsart- und Meldepflichten erlaubt. Der Verk盲ufer best盲tigt, dass keine nicht offengelegten wesentlichen negativen Informationen bekannt sind und gegebenenfalls, dass ein Rule 10b5-1 Handelsplan zum angegebenen Datum angenommen wurde.
Investitionshinweise:
- Die Einreichung signalisiert weiterhin ein angebot von Insidern, jedoch in einem Umfang, der die Streuung oder Handelsliquidit盲t von PANW voraussichtlich nicht wesentlich beeinflusst.
- Da es sich um Sekund盲rverk盲ufe handelt, flie脽t kein Geld an das Unternehmen; die Erl枚se gehen ausschlie脽lich an die Trusts.
- Investoren k枚nnen dennoch die Stimmung der Insider beobachten, insbesondere angesichts des neunmonatigen Rhythmus gr枚脽erer Ver盲u脽erungen.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported)
| (Exact name of registrant as specified in its charter) | (Exact name of registrant as specified in its charter) | |
| Republic of |
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| (State or other jurisdiction of incorporation) | (State or other jurisdiction of incorporation) | |
| (Commission File Number) | (Commission File Number) | |
| (I.R.S. Employer Identification No.) | (I.R.S. Employer Identification No.) | |
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(Address of principal executive offices) (Zip code) |
(Address of principal executive offices) (Zip code) | |
| ( |
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| (Registrant’s telephone number, including area code) | (Registrant’s telephone number, including area code) | |
| None | None | |
| (Former name or former address, if changed since last report.) | (Former name or former address, if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Special Voting Share, GBP 1.00 par value and Trust Shares of beneficial interest in the P&O Princess Special Voting Trust | , Inc. | |||
Indicate by check mark whether the registrants are emerging growth companies as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2) of this chapter).
Emerging growth companies
If emerging growth companies, indicate by check mark if the registrants have elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 7.01 | Regulation FD. |
On July 1, 2025, Carnival Corporation & plc issued a press release announcing that Carnival plc (the “Company”) has priced a private offering of €1.0 billion aggregate principal amount of 4.125% senior unsecured notes due 2031. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. Such press release includes forward-looking statements. See “Cautionary Note Concerning Forward-Looking Statements” within the press release for additional information.
The Company is furnishing the information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, to comply with Regulation FD. Such information shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release of Carnival Corporation and Carnival plc dated July 1, 2025. | |
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CARNIVAL CORPORATION | CARNIVAL PLC | |||
| By: | /s/ David Bernstein | By: | /s/ David Bernstein | |
| Name: | David Bernstein | Name: | David Bernstein | |
| Title: | Chief Financial Officer and Chief Accounting Officer | Title: | Chief Financial Officer and Chief Accounting Officer | |
Date: July 1, 2025 |
Date: July 1, 2025 | |||
Source:
FAQ
How many Palo Alto Networks (PANW) shares are being proposed for sale under this Form 144?
What is the estimated market value of the PANW shares to be sold?
Who is the selling securityholder in this Form 144?
How does the proposed sale compare to PANW鈥檚 total shares outstanding?
Have these trusts sold PANW shares recently?
Will Palo Alto Networks receive any proceeds from this transaction?
