Zscaler CFO Kevin Rubin Sells $102K in Common Stock Under Rule 10b5-1 Plan
Zscaler, Inc.
Subscribe to track ZS
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Zscaler, Inc. ($ZS) - Form 4 Filing Analysis
• Insider: Kevin Rubin (Chief Financial Officer)
• Transaction: Sold 519 shares across 12 tranches at a weighted average price of $197.28 ($102,390 total value)
• Date: September 25, 2026
• Post-Transaction Holdings: 42,768 direct shares
• Note: Transactions were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on March 24, 2026.
• Significance: Low (routine programmatic sale representing ~1.2% of total holdings).
Comprehensive Analysis
Executive Summary
On September 28, 2026, Kevin Rubin, Chief Financial Officer of Zscaler, Inc. ($ZS), reported the sale of 519 shares of common stock executed on September 25, 2026. The sales generated aggregate gross proceeds of approximately $102,390 at weighted average prices ranging from $194.76 to $207.80 per share.
Transaction Details
- Security: Common Stock
- Nature of Transaction: Open market disposition (Code S)
- Shares Sold: 519 shares
- Average Price Realized: ~$197.28 per share
- Total Disposition Value: $102,390.46
- Remaining Direct Ownership: 42,768 shares
Key Context and Market Impact
- Rule 10b5-1 Trading Plan: The sales were conducted under a predetermined Rule 10b5-1 trading plan adopted on March 24, 2026. This removes discretionary timing from the trade.
- Holding Impact: The disposition represents approximately 1.2% of Mr. Rubin's holdings prior to the transactions, leaving him with an ongoing direct ownership of 42,768 shares.
- Trading Significance: Low. The transaction size is modest in absolute terms and reflects routine, scheduled diversification rather than a shift in executive sentiment.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.