Zscaler (ZS) CRO Michael J. Rich Sells 4,108 Shares

What Happened

• Michael J. Rich, Chief Revenue Officer and President of Worldwide Sales at Zscaler, reported a sale of 4,108 shares on September 16, 2026. The shares were disposed at $192.76 per share for a reported total of $791,870. This was a sale (not a purchase) and, per the filing, was executed to satisfy tax withholding on vested restricted stock units rather than as a discretionary trade.

Key Details

• Transaction date and price: 2026-09-16 — 4,108 shares at $192.76 each.
• Reported value: $791,870 (approx.).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The sale represents shares sold to cover tax withholding obligations related to RSU vesting under the issuer’s equity incentive plans and “does not represent a discretionary trade by the Reporting Person.”
• Filing timeliness: Reported on 2026-09-17 for a 2026-09-16 transaction — appears to be filed promptly (no late filing indicated).

Context

• Sales to cover tax withholding on RSU vesting are common and typically procedural; they are not a direct indicator of an insider changing their view of the company. This was not an options exercise or a 10b5-1 planned sale per the information provided.