Zscaler (NASDAQ: ZS) CLO logs 122-share stock sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zscaler, Inc. chief legal officer Robert Schlossman reported an open-market sale of company stock. On July 6, 2026, he sold 122 shares of Common Stock at $150.00 per share and held 69,244 shares directly after the transaction.
The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on July 3, 2025, indicating it was scheduled in advance. A separate holding entry shows 66 shares of Common Stock held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 122 shares ($18,300)
Net Sell
2 txns
Insider
Schlossman Robert
Role
Chief Legal Officer
Sold
122 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 122 | $150.00 | $18K |
| holding | Commom Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,244 shares (Direct, null);
Commom Stock — 66 shares (Indirect, See Footnote)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 03, 2025. The shares are held directly by the reporting person's spouse.
Key Figures
Shares sold: 122 shares
Sale price per share: $150.00 per share
Direct holdings after sale: 69,244 shares
+3 more
6 metrics
Shares sold
122 shares
Common Stock sold on July 6, 2026
Sale price per share
$150.00 per share
Open-market sale of Common Stock
Direct holdings after sale
69,244 shares
Common Stock directly owned following transaction
Indirect holdings
66 shares
Common Stock held by spouse as reported
Reported sell transactions
1 sale
Non-derivative open-market transaction
10b5-1 plan adoption date
July 3, 2025
Plan governing the July 6, 2026 sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, indirect ownership, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 03, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"Transaction code "S" is described as a sale in open market or private transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"The shares are held directly by the reporting person's spouse and reported as indirect ownership."
non-derivative financial
"The 122-share transaction is classified as a non-derivative transaction in Common Stock."
FAQ
What did Zscaler (ZS) insider Robert Schlossman report in this Form 4?
Robert Schlossman, Zscaler’s chief legal officer, reported selling 122 shares of Common Stock at $150.00 per share. After this open-market sale, he directly owned 69,244 shares and reported an additional 66 shares held indirectly through his spouse.
Was the latest Zscaler (ZS) insider sale by Robert Schlossman under a 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on July 3, 2025. Such plans pre-schedule trades, meaning the timing of this 122-share sale on July 6, 2026, was arranged in advance.
What types of transactions are shown in this Zscaler (ZS) Form 4 filing?
The Form 4 shows one non-derivative open-market sale of 122 Common Stock shares and one holding entry for 66 shares held indirectly by the insider’s spouse. No derivative exercises, gifts, tax withholdings, or restructuring-related transactions are reported.