Zscaler Chief Legal Officer Sells $1.08M in Stock Under Rule 10b5-1 Plan
Zscaler, Inc.
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Filing Summary
Insider Sale: Zscaler, Inc. ($ZS) Insider: Robert Schlossman (Chief Legal Officer) Type: Sale (Rule 10b5-1) Shares: 5,394 @ $200.00 Total Value: $1,078,800.00 Shares Held After: 61,525 (Direct), 66 (Indirect) Significance: Low (Pre-planned trade)
Comprehensive Analysis
Executive Summary
On September 21, 2026, Robert Schlossman, Chief Legal Officer of Zscaler, Inc. (ZS), executed an open-market sale of 5,394 shares of Common Stock at a flat price of $200.00 per share, generating total proceeds of $1,078,800.00.
Transaction Details
- Filer: Robert Schlossman (Chief Legal Officer)
- Transaction Code: 'S' (Open market or private sale)
- Shares Sold: 5,394 shares
- Execution Price: $200.00 per share
- Gross Proceeds: $1,078,800.00
- Direct Ownership Remaining: 61,525 shares
- Indirect Ownership Remaining: 66 shares (held directly by spouse)
Strategic Context & Significance
- Rule 10b5-1 Plan: The transaction was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on July 3, 2025. Pre-scheduled transactions under 10b5-1 plans typically do not reflect sudden shifts in executive sentiment regarding near-term business performance.
- Significance Level: Low. The sale accounts for approximately 8% of his direct holdings, leaving the insider with a substantial stake of 61,525 shares directly owned.
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Important Disclaimer
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