Is this SFP module compatible with Palo Alto Networks equipment?

Yes, this SFP module is compatible with Palo Alto Networks equipment and is guaranteed to work with their brand switches and routers.

What is the maximum distance this SFP transceiver module can support?

The maximum distance this SFP transceiver module can support is 100 meters (328 feet).

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StarTech.com Palo Alto Networks CG Compatible SFP Module - 1000BASE-T - 1GE Gigabit Ethernet SFP to RJ45 Cat6/Cat5e Transceiver - 100m

100% Compatibility with Palo Alto Networks GC guaranteed
StarTech.com SFP modules are backed by a lifetime warranty
Uses a cost-effective cabling alternative to fiber-optic set ups
Meets or exceeds OEM specifications and Multi-Source Agreement (MSA) industry standards
Low power consumption
Hot-swappable with fiber-optic modules