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Palo Alto Networks's CTO just disposed of 30,000 shares

Nir Zuk, Palo Alto Networks's CTO and a director of the company, recently disposed of 30,000 shares of the company. The disposals took place at prices ranging from $150.54 to $153.23 per share, on April 07, 2016. Zuk still owns 2,260,685 shares of the company. Zuk operates out of Santa Clara, CA. Some additional info was provided as follows:

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. This sale price represents the weighted average sale price of the shares sold ranging from $150.00 to $150.98 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate pr...