Zscaler CFO Kevin Rubin Sells 514 Shares Under 10b5-1 Plan
Zscaler, Inc.
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Filing Summary
š Insider Sale Alert: Zscaler, Inc. ($ZS) ā¢ Insider: Kevin Rubin (Chief Financial Officer) ā¢ Transaction: Sold 514 shares of Common Stock across multiple tranches ā¢ Average Price: ~$259.15 (Prices: $252.79 - $261.40) ā¢ Total Value: ~$133,201 ā¢ Remaining Ownership: 62,113 shares (Direct) ā¢ Plan: Executed via Rule 10b5-1 plan adopted March 24, 2026 ā¢ Significance: Low (Routine scheduled sale, <1% of total holdings)
Comprehensive Analysis
Executive Summary
On October 26, 2026, Kevin Rubin, Chief Financial Officer of Zscaler, Inc. ($ZS), executed a series of open-market sales totaling 514 shares of Common Stock. The shares were sold at weighted-average prices ranging from $253.26 to $261.272, resulting in an aggregate transaction value of approximately $133,201.
Transaction Breakdown
- Security: Common Stock
- Nature of Disposition: Open-market sales across 9 tranches
- Total Volume: 514 shares
- Volume-Weighted Average Price: ~$259.15
- Post-Transaction Holdings: 62,113 direct shares
- Trading Plan: Sales were transacted pursuant to a pre-arranged Rule 10b5-1 trading plan established on March 24, 2026.
Context & Market Significance
This transaction represents a minimal portion (less than 1%) of Mr. Rubin's direct ownership in Zscaler. Because the disposal was conducted under a predetermined Rule 10b5-1 plan established months in advance, it reflects programmatic personal financial management rather than a discretionary signal on company outlook or fundamentals. Consequently, its market significance is rated Low.
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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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