Zscaler legal chief sells 2,325 shares for taxes

Zscaler’s Chief Legal Officer sold shares on September 16, 2026 to cover tax withholding from RSU vesting and continues to hold 66,919 shares directly.

Rhea-AI Filing Summary

Zscaler, Inc. (ZS) reported that its Chief Legal Officer, Robert Schlossman, sold 2,325 shares of Common Stock on September 16, 2026 at $192.7628 per share. According to the company’s disclosure, this sale was made solely to cover tax withholding obligations arising from the vesting of restricted stock units under Zscaler’s equity incentive plans and does not represent a discretionary trade. After this transaction, Schlossman holds 66,919 shares directly, and an additional 66 shares are held indirectly by his spouse. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Seller: 2,325 shares

Net Sell 2 txns

Insider Schlossman Robert

Role Chief Legal Officer

Sold 2,325 shs ($448K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	2,325	$192.7628	$448K
holding	Commom Stock F2	--	--	--

Holdings After Transaction: Common Stock — 66,919 shares (Direct); Commom Stock — 66 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units as mandated by the Issuer's election under its equity incentive plans and does not represent a discretionary trade by the Reporting Person.
2. F2. The shares are held directly by the reporting person's spouse.

Key Figures

Shares sold: 2,325 shares Sale price per share: $192.7628 per share Direct holdings after transaction: 66,919 shares +2 more

5 metrics

Shares sold 2,325 shares Common Stock sold on September 16, 2026 by Chief Legal Officer

Sale price per share $192.7628 per share Price for the 2,325 shares sold on September 16, 2026

Direct holdings after transaction 66,919 shares Common Stock directly owned by Robert Schlossman after the sale

Indirect holdings after transaction 66 shares Common Stock held indirectly through spouse after the reported transactions

Net buy/sell shares 2,325 shares net sold Net effect of reported non-derivative transactions in this Form 4

Key Terms

restricted stock units, equity incentive plans, tax withholding obligations

3 terms

restricted stock units financial

"in connection with the vesting of restricted stock units as mandated"

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 the 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 obligations financial

"sold by the Reporting Person to cover tax withholding obligations"

FAQ

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

What insider transaction did ZS report for Chief Legal Officer Robert Schlossman?

Zscaler reported that Chief Legal Officer Robert Schlossman sold 2,325 shares of Common Stock on September 16, 2026 at $192.7628 per share. The company states the sale was made to cover tax withholding obligations from vesting restricted stock units.

Was the September 16, 2026 ZS insider sale a discretionary trade?

No. Zscaler states the 2,325-share sale by Robert Schlossman was to cover tax withholding obligations mandated under the company’s equity incentive plans in connection with RSU vesting and does not represent a discretionary trade by him.

How many ZS shares does Robert Schlossman hold after this Form 4 transaction?

After the September 16, 2026 sale, Robert Schlossman holds 66,919 Zscaler common shares directly. An additional 66 shares are held indirectly by his spouse, as disclosed in the filing’s footnote.

Was a Rule 10b5-1 trading plan used for this ZS insider sale?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnote explains the 2,325-share sale was to satisfy tax withholding obligations on RSU vesting, rather than under a pre-arranged trading plan.

Who holds the indirect ZS shares reported for Robert Schlossman?

The filing states that 66 Zscaler shares reported as indirect ownership are held directly by the reporting person’s spouse. These are reported as indirectly owned by Robert Schlossman.

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

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Available on EDGAR 09/17/2026 - 07:42 PM Accepted by SEC EDGAR 09/17/2026 - 07:42 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schlossman Robert

(Last) (First) (Middle)

C/O ZSCALER, INC.

120 HOLGER WAY

(Street)

SAN JOSE CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Zscaler, Inc. [ ZS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/16/2026		S(1)		2,325	D	$192.7628	66,919	D
Commom Stock								66	I	See Footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units as mandated by the Issuer's election under its equity incentive plans and does not represent a discretionary trade by the Reporting Person.

2. The shares are held directly by the reporting person's spouse.

Remarks:

	/s/ Torrie Nute, by power of attorney	09/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)