ZS (NASDAQ: ZS) affiliate files Form 144 for restricted stock sale

Rhea-AI Filing Summary

ZS reported a Form 144 notice of a proposed sale of restricted Common Stock dated 03/15/2026.

The filing lists the security as Restricted Stock (Common) and shows a prior disposition by James A Beer of 653 shares on 01/02/2026 with an aggregate amount of $148,048.16. The filing supplies an address for the reporting person and identifies the broker as Morgan Stanley Smith Barney LLC, New York.

Insights

Securities Compliance Counsel

Form 144 records a proposed resale of restricted common stock by an affiliate on 03/15/2026.

The notice lists the securities as Restricted Stock and names Morgan Stanley Smith Barney LLC as the broker-dealer. A prior sale of 653 shares on 01/02/2026 with aggregate proceeds of $148,048.16 is reported, which is a factual record of recent dispositions.

Timing and exact offering mechanics for the proposed sale are not detailed in the excerpt; subsequent filings or broker confirmations would specify execution method and settlement details.

Capital Markets Analyst

The filing is routine notice paperwork and does not itself change capital structure.

Form 144 is a compliance disclosure for resale of restricted or control securities; the excerpt shows a reported prior sale by the named individual and a proposed sale date of 03/15/2026. It does not state the number of shares to be offered on that date in this excerpt.

Market impact depends on whether the proposed sale proceeds and the exact share amount are executed; those details would appear in trade reports or later filings.

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

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	177	27174.81	160790703	03/18/2026	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	03/15/2026	Restricted Stock	ISSUER			177	03/15/2026	Not Applicable

* 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
JAMES A BEER 120 Holger Way San Jose CA 95134	Common	01/02/2026	653	148048.16

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 ZS Form 144 dated 03/15/2026 report?

The Form 144 reports a proposed sale of restricted Common Stock dated 03/15/2026. It lists a prior disposition by James A Beer of 653 shares on 01/02/2026 for $148,048.16.

Who is the reported seller on the ZS Form 144?

The filing identifies James A Beer with an address in San Jose, CA. The notice includes broker information showing Morgan Stanley Smith Barney LLC at New York Plaza, New York.

Does the Form 144 state how many shares will be sold on 03/15/2026?

The excerpt shows a proposed sale date of 03/15/2026 for restricted Common Stock but does not state the specific number of shares to be offered on that date in the provided text.

What was the aggregate value reported for the prior sale?

The prior disposition reported on 01/02/2026 shows 653 shares with an aggregate amount of $148,048.16, as disclosed in the excerpt.

Which broker-dealer is listed on the filing for ZS?

The filing names Morgan Stanley Smith Barney LLC and provides its address at 1 New York Plaza, 8th Floor, New York, NY, in connection with the securities information.