Chaudhry Jagtar Singh 4

What Happened
Jagtar Singh Chaudhry, a reported 10% owner of Zscaler, sold 2,878 shares on 2026-06-16 at $126.43 per share, generating proceeds of approximately $363,864. The filing indicates these shares were sold to satisfy tax withholding obligations arising from the vesting of restricted stock units, not as a discretionary market trade.

Key Details

• Transaction date: 2026-06-16; Price: $126.43 per share; Shares sold: 2,878; Proceeds: ~$363,864. (Transaction code: S = Sale)
• Footnote F1: Sale was to cover tax withholding for vested RSUs and was not a discretionary trade by the reporting person.
• Footnotes F2–F4: Shares are held of record by various trusts (Jagtar S. Chaudhry TTEE The RSJ Trust; Jyoti Chaudhry TTEE The RSP Trust; The P. Jyoti Chaudhry Family Trust).
• Filing date: 2026-06-17 for a 2026-06-16 transaction — filed within the typical Form 4 reporting window (timely).

Context
Sales to cover tax withholding on RSU vesting are routine and generally not considered a bullish or bearish signal about company prospects. Note that Chaudhry is a 10% owner (significant holder), and several holdings are held in trusts of record rather than directly in his name.