Chaudhry Jagtar Singh 4

What Happened
Jagtar Singh Chaudhry, reported as a 10% owner of Zscaler (ZS), disposed of 1,941 shares on March 17, 2026 at $156.59 per share for a total of $303,947. According to the filing, this sale was made to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs) and was not a discretionary trade by the reporting person.

Key Details

• Transaction date: 2026-03-17; Price: $156.59/share; Proceeds: $303,947.
• Transaction type: Sale (S) — sell-to-cover for tax withholding (Footnote F1).
• Shares owned after transaction: not specified in the Form 4 filing.
• Holdings of record noted in footnotes: shares are held by trusts (Jagtar S Chaudhry TTEE The RSJ Trust U/A DTD 06/07/2017; Jyoti Chaudhry TTEE The RSP Trust U/A DTD 06/07/2017; The P. Jyoti Chaudhry Family Trust dated March 1, 2000, with Ms. Kaur as trustee) (Footnotes F2–F4).
• Filing date: 2026-03-18 — filed promptly (typical Form 4 deadline is within two business days), not reported as late.

Context
This was a routine sell-to-cover tied to RSU vesting (tax-related) rather than a market-timing or discretionary sale; such transactions are common and generally do not by themselves imply a change in insider sentiment. As a 10% owner, Chaudhry is a significant shareholder; the filing reflects trust-held shares and tax withholding mechanics rather than an open-market investment decision.