Insider sale: 2,488 ZS shares to be sold (NASDAQ: ZS)

Rhea-AI Filing Summary

ZS reported a Form 144 showing a planned sale of 2,488 common shares tied to the vesting of Restricted Stock Units on 03/16/2026. The filing lists a broker/dealer Morgan Stanley Smith Barney LLC and records prior sales of 3,438 shares on 12/16/2025 for $793,556.75.

Insights

Corporate Governance Analyst

TL;DR: Filing reports a small post-vesting resale by an insider via a broker-dealer.

The Form 144 lists 2,488 shares tied to the vesting of Restricted Stock Units on 03/16/2026, with execution through Morgan Stanley Smith Barney LLC. This is an administrative resale notice for shares becoming eligible for sale.

Previous activity shown: a sale of 3,438 shares on 12/16/2025 for $793,556.75. Cash-flow treatment and sale timing beyond the vesting date are not detailed in the excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2488	389603.96	160790703	03/17/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/16/2026	Vesting of Restricted Stock Units	Issuer			2488	03/16/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Sanjeev Judge 120 Holger Way San Jose CA 95134	Common Stock	12/16/2025	3438	793556.75

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for ZS report?

It reports a planned sale of 2,488 common shares tied to RSU vesting on 03/16/2026. The filing names Morgan Stanley Smith Barney LLC as the broker-dealer handling the transaction.

Who is the reporting individual in the ZS Form 144?

The filing lists Sanjeev Judge with an address in San Jose. The notice records the securities subject to sale and related broker-dealer information rather than transaction proceeds recipients.

Were there recent sales by the same person before this Form 144?

Yes. The filing shows prior sales of 3,438 shares on 12/16/2025 with reported proceeds of $793,556.75, as disclosed in the "Securities Sold During The Past 3 Months" section.

Does the Form 144 state when the 2,488 shares will be sold?

The 2,488 shares are tied to RSU vesting on 03/16/2026, but the filing does not specify exact sale execution dates or pricing methods for the resale.