Zscaler holder Jay Chaudhry plans $550K stock sale

Zscaler, Inc. was notified that an insider plans to sell 2,852 vested RSU shares mainly to satisfy tax withholding obligations.

Rhea-AI Filing Summary

Zscaler, Inc. (ZS) received a notice under Rule 144 that Jay Chaudhry intends, through Morgan Stanley Smith Barney LLC, to sell up to 2,852 shares of common stock on NASDAQ. The shares arise from vesting of Restricted Stock Units on September 15, 2026, and the remark states the sale is to cover tax withholding obligations under Zscaler’s equity incentive plans. As of September 16, 2026, 163,054,698 shares of this class were outstanding, and Chaudhry previously sold 2,878 shares in the prior three months.

Key Figures

Shares to be sold under Rule 144: 2,852 shares Aggregate market value of securities to be sold: $549,759.59 Shares outstanding: 163,054,698 shares +3 more

6 metrics

Shares to be sold under Rule 144 2,852 shares Planned sale of Zscaler common stock reported for NASDAQ

Aggregate market value of securities to be sold $549,759.59 Value of 2,852 Zscaler common shares covered by the notice

Shares outstanding 163,054,698 shares Zscaler common shares outstanding as of September 16, 2026

Shares sold in prior 3 months 2,878 shares Zscaler common stock sold by Jay Chaudhry on June 16, 2026

Aggregate value of prior 3‑month sale $363,864.10 Value of 2,878 shares sold on June 16, 2026

Date of Notice September 16, 2026 Date the Rule 144 notice for Zscaler shares was signed

Key Terms

Rule 144, Restricted Stock Units, equity incentive plans, tax withholding obligation

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Units financial

"Vesting of Restricted Stock Units | Issuer | | | 2852"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

equity incentive plans financial

"mandated by Issuer's election under its equity incentive plans."

Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.

tax withholding obligation financial

"Shares sold to cover tax withholding obligation mandated by Issuer's election"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does ZS’s Form 144 filing by Jay Chaudhry disclose?

It discloses that Jay Chaudhry plans to sell up to 2,852 shares of Zscaler common stock under Rule 144, with the shares coming from vesting of Restricted Stock Units on September 15, 2026, and the sale stated as covering tax withholding obligations.

How many Zscaler (ZS) shares is Jay Chaudhry planning to sell?

Jay Chaudhry plans to sell up to 2,852 shares of Zscaler common stock. The notice lists an aggregate market value of $549,759.59 for these shares in the Rule 144 section for securities to be sold on NASDAQ.

What is the reason given for Jay Chaudhry’s planned sale of ZS shares?

The remarks state the shares are sold to cover tax withholding obligations mandated by Zscaler’s election under its equity incentive plans, indicating the disposition is tied to tax treatment of recently vested restricted stock units.

How were the ZS shares to be sold by Jay Chaudhry acquired?

The filing states the shares to be sold were acquired through vesting of Restricted Stock Units on September 15, 2026, with the nature of acquisition listed as compensation from the issuer in connection with Zscaler’s equity incentive arrangements.

What Zscaler (ZS) trading details are associated with this Form 144 sale?

The notice identifies the security as Zscaler common stock listed on NASDAQ, with the planned sale of 2,852 shares routed through Morgan Stanley Smith Barney LLC Executive Financial Services, using data as of September 16, 2026 for outstanding shares.

Has Jay Chaudhry sold any ZS shares in the last three months?

Yes. The Form 144 reports that on June 16, 2026, Jay Chaudhry sold 2,878 shares of Zscaler common stock for an aggregate value of $363,864.10, which is disclosed in the section covering securities sold during the past three months.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 07:36 PM Accepted by SEC EDGAR 09/16/2026 - 07:36 PM Learn about SEC filing dates

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	0001374436
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Zscaler, Inc.
SEC File Number	001-38413
Address of Issuer	120 Holger Way San Jose CALIFORNIA 95134
Phone	408-533-0288
Name of Person for Whose Account the Securities are To Be Sold	Jay Chaudhry
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	Officer
Relationship to Issuer	10% Owner
Relationship to Issuer	Director

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	2852	549759.59	163054698	09/16/2026	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	09/15/2026	Vesting of Restricted Stock Units	Issuer			2852	09/15/2026	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
Jay Chaudhry 120 Holger Way San Jose CA 95134	Common Stock	06/16/2026	2878	363864.1

144: Remarks and Signature

Remarks	Shares sold to cover tax withholding obligation mandated by Issuer's election under its equity incentive plans.
Date of Notice	09/16/2026
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	/s/Jay Chaudhry
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)