Zscaler CLO Schlossman sells $1.08M in stock

Zscaler’s chief legal officer executed a pre-planned stock sale but continues to hold a significant direct and spousal stake.

Rhea-AI Filing Summary

Zscaler, Inc. (ZS) reported that Chief Legal Officer Robert Schlossman sold 5,394 shares of common stock on September 21, 2026 at $200.00 per share in an open-market transaction effected under a Rule 10b5-1 trading plan adopted on July 3, 2025. After this sale, he held 61,525 shares directly and 66 shares indirectly through his spouse.

Insider Trade Summary 10b5-1

Net Seller: 5,394 shares

Net Sell 2 txns

Insider Schlossman Robert

Role Chief Legal Officer

Sold 5,394 shs ($1.08M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	5,394	$200.00	$1.08M
holding	Commom Stock F2	--	--	--

Holdings After Transaction: Common Stock — 61,525 shares (Direct); Commom Stock — 66 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 3, 2025.
2. F2. The shares are held directly by the reporting person's spouse.

Key Figures

Shares sold: 5,394 shares Sale price per share: $200.00 per share Transaction value: $1,078,800 +2 more

5 metrics

Shares sold 5,394 shares Sale of common stock on September 21, 2026

Sale price per share $200.00 per share Reported price for the September 21, 2026 sale

Transaction value $1,078,800 5,394 shares sold at $200.00 per share

Direct holdings after sale 61,525 shares Direct ownership position after the September 21, 2026 transaction

Indirect holdings via spouse 66 shares Shares held by the reporting person’s spouse

Key Terms

Rule 10b5-1 trading plan, indirectly

2 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 3, 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.

indirectly financial

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

FAQ

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

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

ZS disclosed that Chief Legal Officer Robert Schlossman sold 5,394 shares of Zscaler common stock on September 21, 2026 at $200.00 per share in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan.

How many ZS shares does Robert Schlossman hold after the reported sale?

After the reported sale, Robert Schlossman held 61,525 Zscaler common shares directly. In addition, 66 shares are held indirectly through his spouse, as disclosed in the filing’s footnote.

What was the total value of Robert Schlossman’s ZS share sale on September 21, 2026?

The sale covered 5,394 shares at $200.00 per share, for a total transaction value of approximately $1,078,800, based on the reported per-share price and share count.

Was Robert Schlossman’s ZS stock sale made under a Rule 10b5-1 plan?

Yes. A footnote states that the sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted on July 3, 2025, indicating the trade was pre-arranged under that plan.

How many ZS shares are reported as indirectly owned by Robert Schlossman?

The filing reports 66 Zscaler shares as indirectly owned, with a footnote explaining that these shares are held directly by Robert Schlossman’s spouse.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/21/2026 - 05:52 PM Accepted by SEC EDGAR 09/21/2026 - 05:52 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).

X

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)
09/21/2026

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	09/21/2026		S(1)		5,394	D	$200	61,525	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. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 3, 2025.

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

Remarks:

	/s/ Torrie Nute, by power of attorney	09/21/2026
	** 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)