Zscaler (ZS) Chief Legal Officer Robert Schlossman Sells 2,325 Shares

What Happened

Robert Schlossman, Chief Legal Officer of Zscaler, sold 2,325 shares on September 16, 2026 at $192.76 per share, for proceeds of approximately $448,174. The filing indicates this sale was to cover tax withholding obligations related to the vesting of restricted stock units (RSUs) and is not presented as a discretionary trade.

Key Details

• Transaction date and price: 9/16/2026 — 2,325 shares sold at $192.76 each.
• Total proceeds: about $448,174.
• Transaction code: S (Sale).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1 — Sale represents shares sold to satisfy tax withholding on RSU vesting; not a discretionary trade by the reporting person.
  • F2 — Some shares are held directly by the reporting person's spouse.
• Filing date and timeliness: Form 4 was filed on 2026-09-17 (filed within the SEC’s standard two-business-day window).

Context

• This was a tax-withholding sale related to RSU vesting (a routine administrative transaction), which differs from an independent, discretionary sale meant to realize gains or change portfolio exposure.
• Such withholding sales are common following equity vesting and do not necessarily indicate management sentiment about the company’s stock.