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Zscaler (NASDAQ: ZS) director awarded 1,076 RSUs vesting in 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Zscaler, Inc. director Karen Blasing reported an equity award of 1,076 shares of common stock on January 12, 2026. These shares are represented by restricted stock units that vest in four equal quarterly installments beginning on March 15, 2026, effectively spreading the award over one year as the units vest.

After this grant, Blasing beneficially owns 42,757 shares of Zscaler common stock directly. An additional 25,624 shares are held of record by The Blasing Family Revocable Trust U/A dated December 22, 2005, for which she serves as trustee, reflecting indirect ownership through the family trust.

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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*
BLASING KAREN

(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 42,757 D
Common Stock 25,624 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. The reported shares are represented by restricted stock units, which vest in four equal quarterly installments beginning on March 15, 2026.
2. The shares are held of record by The Blasing Family Revocable Trust U/A dtd 12/22/2005 for which the reporting person serves as trustee.
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.
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.

FAQ

What insider transaction did Zscaler (ZS) report for Karen Blasing?

The filing reports that director Karen Blasing received an award of 1,076 shares of Zscaler common stock on January 12, 2026, recorded with transaction code "A" for an acquisition.

How are Karen Blasing’s 1,076 Zscaler (ZS) shares structured and when do they vest?

The 1,076 shares are represented by restricted stock units (RSUs), which vest in four equal quarterly installments beginning on March 15, 2026, according to the footnote.

How many Zscaler (ZS) shares does Karen Blasing own after this Form 4 transaction?

Following the reported grant, Karen Blasing beneficially owns 42,757 shares directly. An additional 25,624 shares are held indirectly through The Blasing Family Revocable Trust.

What is the nature of Karen Blasing’s indirect ownership of Zscaler (ZS) shares?

The filing states that 25,624 shares are held of record by The Blasing Family Revocable Trust U/A dated December 22, 2005, for which she serves as trustee, indicating indirect beneficial ownership through the trust.

Did Karen Blasing pay cash for the 1,076 Zscaler (ZS) shares reported?

The transaction lists a per-share price of $0 for the 1,076 shares, indicating they were received as an equity award rather than purchased in the market.

What is Karen Blasing’s role at Zscaler (ZS) according to the Form 4?

The report identifies Karen Blasing as a director of Zscaler, Inc. and confirms the filing is made by one reporting person.

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