Zscaler Officer Adam Geller Files Form 144 for $248K Share Sale
Zscaler, Inc.
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Filing Summary
Form 144 Notice of Proposed Sale of Securities Issuer: Zscaler, Inc. (NASDAQ: ZS) Insider: Adam Geller (Officer) Shares to Sell: 1,041 Common Shares Aggregate Market Value: $247,758.00 (~$238.00/share) Approx. Sale Date: November 2, 2026 Acquisition: Stock option exercise for cash on November 2, 2026 Trading Plan: Adopted on March 20, 2026 (Rule 10b5-1)
Comprehensive Analysis
Executive Summary
On November 2, 2026, Adam Geller, an Officer of Zscaler, Inc. (NASDAQ: ZS), filed a Form 144 notice proposing the sale of 1,041 shares of common stock through Morgan Stanley Smith Barney LLC. The estimated aggregate market value is $247,758.00, implying a share price of approximately $238.00.
Transaction & Acquisition Details
- Securities to be Sold: 1,041 Common shares.
- Acquisition Origin: Acquired on November 2, 2026, via stock option exercise paid in cash.
- Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan established on March 20, 2026.
- Past 3 Months Activity: The insider has executed several prior sales in September and October 2026, including a notable disposition of 23,958 shares for ~$5.4M on October 9, 2026.
Market Impact & Significance
Trading significance is evaluated as Low. The proposed sale represents a modest volume of 1,041 shares relative to Zscaler's 163.05M shares outstanding, stems from a simultaneous option exercise, and is governed by a pre-scheduled Rule 10b5-1 plan.
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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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