Zscaler (ZS) 10% Owner Chaudhry Jagtar Singh Sells Shares

What Happened
Chaudhry Jagtar Singh, a reported 10% owner of Zscaler (ZS), disposed of 2,852 shares on 2026-09-16 at $192.76 per share for a total of $549,760. The filing indicates the shares were sold to satisfy tax withholding obligations tied to the vesting of restricted stock units, not as a discretionary open‑market trade.

Key Details

• Transaction date and price: 2026-09-16 — sale of 2,852 shares at $192.76 each (total $549,760).
• Transaction type: Sale (S); reported on Form 4 filed 2026-09-17 (appears timely).
• Shares owned after transaction: Not specified in the Form 4; shares are held of record by trust entities noted below.
• Footnotes:
  • F1 — Shares sold to cover tax withholding from RSU vesting (not a discretionary trade).
  • F2 — Some shares held of record by "Jay Chaudhry & Jyoti Chaudhry Co‑TTEES Jay & Jyoti Chaudhry TR U/A DTD 12/06/25."
  • F3 — Some shares held of record by "The P. Jyoti Chaudhry Family Trust dated March 1, 2000" (Ms. Surjit Kaur, trustee).

Context
This was a withholding sale related to equity vesting (routine tax-related transaction) by a 10% owner, which is different from an executive indicating a market view. Such transactions typically reflect tax or administrative needs rather than investment sentiment.