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.
Jay Chaudhry, the Chief Executive Officer and Chairman of Zscaler Inc. (NASDAQ:ZS), sold 2,852 shares of the company's stock on September 16, 2026, according to a recent Securities and Exchange Commission (SEC) Form 4 filing. The transaction was valued at $550,000, based on the weighted average sale price of $192.76 per share, as reported by the SEC Form 4. The post-transaction value, calculated using the market close price on September 16, 2026, was $191.58 per share.
Zscaler is a globally recognized leader in cloud-based security infrastructure, boasting a market capitalization of $32.2 billion and trailing twelve months (TTM) revenue amounting to $3.4 billion. The company's unique value proposition lies in its zero-trust security architecture and comprehensive platform approach, facilitating organizations in shifting from traditional perimeter-based security models to contemporary cloud-native security frameworks.
With a workforce of 8,700 employees and a significant presence in the rapidly expanding cloud security market, Zscaler maintains its competitive edge through its integrated product suite, extensive partner ecosystem, and deep expertise in enterprise security requirements.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
