Geller Adam 4

What Happened
Adam Geller, Chief Product Officer of Zscaler, reported the disposition of 1,940 shares on June 16, 2026. The shares were sold at $126.43 per share for total proceeds of approximately $245,273. The filing indicates the sale was to cover tax withholding obligations tied to the vesting of restricted stock units, not a discretionary market trade.

Key Details

• Transaction date: June 16, 2026; Filing date: June 17, 2026 (appears timely).
• Price: $126.43 per share; Total proceeds: ~$245,273.
• Transaction type: Sale (code S) — described as withholding to satisfy tax obligations (footnote F1).
• Footnote F1: Sale represents shares sold to cover tax withholding on RSU vesting; not a discretionary trade by the reporting person.
• Footnote F2: Filing notes 122 shares were acquired under the company’s FY2018 Employee Stock Purchase Plan on June 15, 2026.
• Shares owned after transaction: not specified in the summary provided — see the full Form 4 for post-transaction holdings.

Context
Sales to cover tax withholding following RSU vesting are common and generally considered administrative rather than a market sentiment signal. This report documents a routine withholding sale; it does not by itself indicate insider confidence or concern about the company's prospects. For a complete view, compare this filing with other recent insider transactions and the executive’s remaining holdings reported on the Form 4.