Zscaler CEO Jay Chaudhry Sells 2,852 Shares for $550,000
Non-discretionary sale tied to restricted stock unit vesting for tax withholding. Chaudhry retains $5.15 billion in beneficial ownership through family trusts.
Overview
Jay Chaudhry, CEO & Chairman of Zscaler, Inc. (NASDAQ:ZS), executed a sale of 2,852 shares on Sept. 16, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($192.76); post-transaction value based on Sept. 16, 2026, market close ($191.58).
Details
Zscaler is a globally recognized leader in cloud-based security infrastructure with a market capitalization of $32.2 billion and TTM revenue of $3.4 billion. The company differentiates itself through its zero-trust security architecture and comprehensive platform approach, enabling organizations to transition from legacy perimeter-based security models to modern cloud-native security frameworks. With 8,700 employees and a strong presence in the rapidly growing cloud security market, Zscaler maintains competitive advantages through its integrated product suite, extensive partner ecosystem, and deep expertise in enterprise security requirements.
Source
Originally published at www.fool.com.