Geller Adam 4
4 · Zscaler, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Zscaler (ZS) CPO Adam Geller Sells 3,579 Shares
What Happened
Adam Geller, Chief Product Officer of Zscaler (ZS), sold a total of 3,579 shares in two dispositions. On 2026-03-17 he sold 1,485 shares at $156.59 for $232,541; on 2026-03-18 he sold 2,094 shares at $153.53 for $321,492. Total proceeds were about $554,033. Both transactions are reported as sales (S).
Key Details
- Transaction 1: 2026-03-17 — 1,485 shares @ $156.59 = $232,541 (sale)
- Transaction 2: 2026-03-18 — 2,094 shares @ $153.53 = $321,492 (sale)
- Shares owned after the transactions: not specified in the provided filing
- Footnotes:
- F1: The shares sold were used to cover tax withholding obligations related to RSU vesting (not a discretionary sale).
- F2: One sale was effected pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2025.
- Filing timeliness: Form 4 filed on 2026-03-19; filing appears timely for the reported dates.
Context
These sales appear routine: one sale covered tax withholding for vested restricted stock units and the other was executed under a pre-established 10b5-1 plan. Such transactions are common and do not necessarily indicate a change in insider sentiment; retail investors often give more weight to discretionary purchases than to sales for tax/plan reasons.
Insider Transaction Report
- Sale
Commom Stock
[F1]2026-03-17$156.59/sh−1,485$232,541→ 49,043 total - Sale
Commom Stock
[F2]2026-03-18$153.53/sh−2,094$321,492→ 46,949 total
Footnotes (2)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units as mandated by the Issuer's election under its equity incentive plans and does not represent a discretionary trade by the Reporting Person.
- [F2]The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2025