Zscaler Chief Legal Officer Robert Schlossman Sells $448K for Tax Withholding
Zscaler, Inc.
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Filing Summary
š Insider Transaction Report: Zscaler, Inc. (ZS) ā¢ Insider: Robert Schlossman (Chief Legal Officer) ā¢ Transaction: Sold 2,325 shares @ $192.76 (~$448.17K) ā¢ Nature: Non-discretionary sell-to-cover for RSU tax withholding ā¢ Direct Holdings Remaining: 66,919 shares (+66 indirect by spouse) ā¢ Significance: Low
Comprehensive Analysis
Executive Summary
On September 16, 2026, Robert Schlossman, Chief Legal Officer of Zscaler, Inc. ($ZS), disposed of 2,325 shares of Common Stock at a weighted average price of $192.7628, totaling approximately $448,173.51. Following this transaction, Schlossman directly retains 66,919 shares of common stock, in addition to 66 shares held indirectly through his spouse.
Transaction Nature and Significance
This transaction carries Low informational significance for the following reasons:
- Mandated Sell-to-Cover: As noted in Footnote 1 of the filing, the shares were sold strictly to satisfy tax withholding obligations triggered by the vesting of restricted stock units (RSUs). The trade was conducted in accordance with company policy and does not constitute a discretionary open-market sale by the executive.
- Holding Retention: The shares sold represent only approximately 3.36% of Schlossman's direct holdings prior to the transaction, leaving him with an extensive equity position of 66,919 shares directly owned.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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