Palo Alto Networks, Inc.
CyberArk Announces New Settlement Method for Convertible Senior Notes
Summary
On March 23, 2026, CyberArk notified holders of its 0.00% Convertible Senior Notes due 2030 that the Default Settlement Method will change to Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes for any conversion occurring on or after this date. This change will remain in effect until CyberArk modifies the Settlement Method in accordance with the Indenture.
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About Palo Alto Networks, Inc.
Palo Alto Networks, Inc. is a leading cybersecurity company that provides advanced security solutions to protect digital enterprises. The company's primary function is to safeguard organizations across various sectors with its innovative, integrated security platforms to combat increasingly sophisticated cyber threats. The offerings of Palo Alto Networks encompass network security, cloud security, endpoint protection, and threat intelligence services, delivering a comprehensive shield against vulnerabilities for businesses globally. With its headquarters in Santa Clara, California, the company plays a pivotal role in the cybersecurity market by helping firms ensure safe and secure digital environments. Palo Alto Networks serves a diverse clientele, including healthcare, finance, government, and technology industries, all reliant on robust security measures to protect sensitive data and maintain operational integrity. Through its forward-looking approach and commitment to innovation, Palo Alto Networks continues to expand its impact, leading the charge in the evolution of digital security infrastructure.
Official SEC Documents
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