Robert Schlossman, the Chief Legal Officer of Zscaler, Inc. (NASDAQ: $ZS), sold 5,394 shares of the company's stock on September 21, 2026, at $200.00 per share. The open-market transaction totaled $1,078,800. The Form 4 was filed the same day, and it listed Schlossman's post-sale holdings at 61,525 shares. The $200.00 per-share sale price was below the prices reported in his December 2025 sales and above the price in his March 2026 sale.
The September sale extended a series of open-market disposals by Schlossman. On December 16, 2025, he sold 3,084 shares at $230.8193 per share for $711,846.72. The following day, December 17, 2025, he sold 2,349 shares at $232.79 per share for $546,823.71. His most recent filing before September came on March 17, 2026, when he sold 2,263 shares at $156.5932 per share for $354,370.41. Across those three earlier filings, Schlossman's reported holdings after each sale moved from 77,002 shares to 74,653 shares to 72,390 shares.
Schlossman was not the only Zscaler insider reporting sales in those periods. On December 16, 2025, Chief Executive Officer Jagtar Singh Chaudhry sold 2,843 shares for $656,219.27, Chief Product Officer Adam Geller sold 2,060 shares for $475,487.76, and VP Raj Judge sold 3,438 shares for $793,556.75. On March 17 and 18, 2026, a wider group filed sales: Chaudhry sold 1,941 shares for $303,947.40, CFO Kevin Rubin sold 1,682 shares for $263,389.76, President Michael J. Rich sold 3,147 shares for $492,798.80, Geller sold 1,485 shares for $232,540.90, Judge sold 2,488 shares for $389,603.88, and Director James A. Beer sold 177 shares for $27,174.81. Geller also reported a separate sale of 2,094 shares for $321,491.82 on March 18, 2026. CFO Kevin Rubin filed five smaller sales on July 27, 2026, totaling 503 shares for a combined $74,002.26.
Zscaler shares have also appeared in Congressional STOCK Act disclosures. Representative Ro Khanna reported purchases of $ZS in 2022 and 2024, most recently a $15,001 purchase on June 21, 2024, disclosed 17 days later, and a $1,001 purchase the day before. Representative Rob Bresnahan reported a $ZS sale in January 2025. Congressional dollar figures are midpoint estimates of the bracketed ranges disclosed under the STOCK Act.
The September 21 filing carried no lag between the transaction date and the disclosure date. After the sale, Schlossman's reported holdings stood at 61,525 shares as of the filing.