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Zscaler officer plans 4,108-share tax-cover sale

Officer Mike Rich files a Rule 144 notice to sell 4,108 Zscaler shares tied to RSU vesting and reports a prior June 2026 sale.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Zscaler, Inc. (ZS) is the issuer of common stock covered by a notice of proposed sale under Rule 144 filed for the account of officer Mike Rich. The notice indicates an intention to sell 4,108 shares of common stock through Morgan Stanley Smith Barney LLC following the September 15, 2026 vesting of Restricted Stock Units, with the transaction described as compensation-related. The filing also reports a prior sale of 4,184 shares of common stock on June 16, 2026, and notes that shares were sold to cover a tax withholding obligation mandated by Zscaler’s equity incentive plans.

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Proposed shares to be sold 4,108 shares Common stock tied to RSU vesting on September 15, 2026 under Rule 144 notice
Prior shares sold 4,184 shares Common stock sale reported for June 16, 2026
Value of prior sale $528,981.03 Total value associated with 4,184 shares sold on June 16, 2026
Rule 144 notice date September 16, 2026 Date of notice for proposed sale of 4,108 shares
Issuer phone number 408-533-0288 Contact phone for Zscaler, Inc.
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 | | | 4108"
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 the Form 144 filing disclose for ZS (Zscaler, Inc.)?

It discloses that officer Mike Rich filed a Rule 144 notice for the proposed sale of 4,108 shares of Zscaler common stock related to September 15, 2026 RSU vesting, and reports a prior sale of 4,184 shares on June 16, 2026.

How many ZS shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 4,108 shares of Zscaler common stock. These shares are tied to the September 15, 2026 vesting of Restricted Stock Units and are to be sold through Morgan Stanley Smith Barney LLC.

What prior ZS stock sales by Mike Rich are reported in this Form 144?

The filing reports that 4,184 shares of Zscaler common stock were sold on June 16, 2026. The total value associated with that sale is listed as $528,981.03.

Why were ZS shares sold according to the Form 144 remarks?

The remarks state that shares were sold to cover a tax withholding obligation mandated by Zscaler’s election under its equity incentive plans. This indicates the sales were connected to equity compensation and related tax requirements.

Who is the broker involved in the proposed ZS share sale under Form 144?

The proposed sale of 4,108 shares of Zscaler common stock is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY.

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

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Learn about SEC filing dates

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

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