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[144] Zscaler, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Zscaler, Inc. (ZS) filed a Form 144 notice reporting a proposed sale of 7,006 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $2,133,537.18. The filing lists an approximate sale date of 10/02/2025 and indicates 158,300,823 shares outstanding for the issuer. The securities to be sold consist of 6,138 restricted stock units acquired on 09/15/2022 and 868 performance stock units acquired on 09/15/2025. The notice also shows a prior sale by Robert Schlossman of 3,832 shares on 09/16/2025 for $1,075,629.37. The filer attests there is no undisclosed material adverse information.

Positive
  • None.
Negative
  • None.

Insights

Form 144 documents an insider sale plan and required broker routing.

The filing identifies a proposed sale of 7,006 shares via Morgan Stanley Smith Barney LLC and specifies the acquisition dates and types: RSUs on 09/15/2022 and PSUs on 09/15/2025. This satisfies Rule 144 disclosure elements by detailing volume, acquisition source, and intended sale date.

The signer represents no undisclosed material adverse information; that attestation is standard and legally significant because it underpins reliance on Rule 144 safe-harbor conditions.

Document shows insider vesting/sale activity from recent equity awards.

The table shows 6,138 RSUs and 868 PSUs as the securities being sold, with acquisition dates matching grant/vesting events on 09/15/2022 and 09/15/2025. A prior sale of 3,832 shares on 09/16/2025 for $1,075,629.37 is recorded, indicating recent liquidity events by the same individual.

This filing documents the mechanics of share disposition but does not disclose proceeds allocation or plan terms.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does ZS's Form 144 report?

The Form 144 reports a proposed sale of 7,006 common shares with an aggregate market value of $2,133,537.18 and an approximate sale date of 10/02/2025.

Who is the broker handling the proposed sale in the Form 144?

The broker named is Morgan Stanley Smith Barney LLC, address listed as 1 New York Plaza, 8th Floor, New York, NY 10004.

What types of awards are being sold according to the filing?

The filing lists 6,138 Restricted Stock Units acquired on 09/15/2022 and 868 Performance Stock Units acquired on 09/15/2025 as the securities to be sold.

Did the filer record any recent sales in the past three months?

Yes. The filing shows Robert Schlossman sold 3,832 common shares on 09/16/2025 for gross proceeds of $1,075,629.37.

How many shares outstanding does the filing report for the issuer?

The filing reports 158,300,823 shares outstanding.
Zscaler

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Software - Infrastructure
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