Zscaler (NASDAQ: ZS) director gets 1,076 RSUs vesting from 2026

Rhea-AI Filing Summary

Zscaler, Inc. director David Schneider reported an equity award of 1,076 shares of common stock on January 12, 2026. The shares are in the form of restricted stock units granted at $0 per share, reflecting a typical compensation grant rather than an open‑market purchase. After this award, Schneider directly beneficially owns 24,912 shares of Zscaler common stock. According to the disclosure, these restricted stock units will vest in four equal quarterly installments beginning on March 15, 2026, meaning the shares will be delivered over time as the vesting dates are reached.

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

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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^*

Schneider David

(Last) (First) (Middle)

C/O ZSCALER, INC.

120 HOLGER WAY

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026

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

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

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

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	01/12/2026		A		1,076(1)	A	$0	24,912	D

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. The reported shares are represented by restricted stock units, which vest in four equal quarterly installments beginning on March 15, 2026.

Remarks:

	/s/ Torrie Nute, by power of attorney	01/13/2026
	** 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.
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FAQ

What insider transaction did Zscaler (ZS) disclose for David Schneider?

Zscaler reported that director David Schneider received an award of 1,076 shares of common stock in the form of restricted stock units on January 12, 2026.

At what price were David Schneider's new Zscaler (ZS) shares recorded?

The 1,076 Zscaler common shares reported for David Schneider were granted at a price of $0 per share, indicating a compensatory equity grant rather than a market purchase.

How many Zscaler (ZS) shares does David Schneider own after this Form 4 transaction?

Following the reported grant, David Schneider beneficially owns 24,912 shares of Zscaler common stock in direct ownership.

How do David Schneider’s restricted stock units in Zscaler (ZS) vest?

The filing states that the reported shares are represented by restricted stock units, which vest in four equal quarterly installments beginning on March 15, 2026.

Is David Schneider a director or officer of Zscaler (ZS)?

The report identifies David Schneider as a director of Zscaler, Inc. and indicates he is not an officer or 10% owner based on the checked boxes.

Is David Schneider’s ownership in Zscaler (ZS) direct or indirect?

The Form 4 shows his 24,912 shares as held with direct (D) ownership, with no separate indirect ownership entity listed.