Rich Michael J. 4
4 · Zscaler, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Zscaler (ZS) CRO Michael J. Rich Sells 4,184 Shares
What Happened Michael J. Rich, Chief Revenue Officer and President of Worldwide Sales at Zscaler (ZS), sold 4,184 shares on June 16, 2026 at $126.43 per share, reported value $528,981. The sale was made as a tax-withholding disposition tied to RSU vesting rather than a discretionary cash-raising trade.
Key Details
- Transaction date and price: 2026-06-16, 4,184 shares sold at $126.43 each (total ~$528,981).
- Transaction type: Sale (Form 4 code S); reported on 2026-06-17 (Period of Report: 2026-06-16). Filing appears timely.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — shares sold to cover tax withholding obligations for vested RSUs (not a discretionary sale). F2 — filing includes 135 shares acquired under the FY2018 ESPP on June 15, 2026.
Context This was a routine "sell to cover" tied to equity vesting (tax withholding), a common administrative transaction that does not necessarily signal a change in insider sentiment. Purchases tend to be more informative about insider conviction; this filing documents a withholding sale, not an independent market-timed sell by the executive.
Insider Transaction Report
Form 4
Rich Michael J.
CRO and President of WW Sales
Transactions
- Sale
Commom Stock
[F1][F2]2026-06-16$126.43/sh−4,184$528,981→ 100,301 total
Footnotes (2)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units as mandated by the Issuer's election under its equity incentive plans and does not represent a discretionary trade by the Reporting Person.
- [F2]Includes 135 shares acquired under the Issuer's FY2018 Employee Stock Purchase Plan on June 15, 2026.
Signature
/s/ Torrie Nute, by power of attorney|2026-06-17