Zscaler (ZS) Form 144: 7,006 Shares Listed for Sale

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.

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.

Insights

Securities Compliance Counsel

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.

Equity Compensation Analyst

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.

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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 10/02/2025 - 04:24 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	0001435941
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	4085330288
Name of Person for Whose Account the Securities are To Be Sold	ROBERT SCHLOSSMAN
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

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	7006	2133537.18	158300823	10/02/2025	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	09/15/2022	Restricted Stock Units	Issuer			6138	09/15/2022	N/A
Common	09/15/2025	Performance Stock Units	Issuer			868	09/15/2025	N/A

* 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
ROBERT SCHLOSSMAN 120 Holger Way San Jose CA 95134	Common	09/16/2025	3832	1075629.37

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 09/15/2022 through 09/15/2025.
Date of Notice	10/02/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	07/03/2025
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/ Robert Schlossman
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)