Zscaler legal chief sells shares for tax withholding
Zscaler, Inc. Chief Legal Officer Robert Schlossman reported an open‑market sale of 2,263 shares of Common Stock at $156.5932 per share.
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Rhea-AI Filing Summary
Zscaler, Inc. Chief Legal Officer Robert Schlossman reported an open‑market sale of 2,263 shares of Common Stock at $156.5932 per share. According to the footnotes, these shares were sold to cover tax withholding obligations tied to vesting restricted stock units under the company’s equity incentive plans and did not represent a discretionary trade.
After this transaction, he directly held 72,390 shares of Zscaler stock. A separate line item shows 66 shares held indirectly by his spouse, reflecting an additional, small related holding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,263 | $156.5932 | $354K |
| holding | Commom Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. The shares are held directly by the reporting person's spouse.
FAQ
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What insider transaction did Zscaler (ZS) report for Robert Schlossman?
Does the Zscaler (ZS) Form 4 show any derivative or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.