{
  "id": 8157233,
  "title": "Zscaler chief legal officer Schlossman sells $448,173 in tax-related shares",
  "url": "https://urgent.news/2026/09/18/zscaler-chief-legal-officer-schlossman-sells-448-173-in-tax-related",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T02:30:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/zscaler-chief-legal-officer-schlossman-sells-448173-in-taxrelated-shares-93CH-4906631"
  },
  "original_language": "en",
  "account": "Chief Legal Officer of Zscaler, Robert Schlossman, sold 2,325 shares of the company's common stock worth $448,173 on September 16, 2026. The shares were sold at a price of $192.7628 each. Since the sale, the stock price has risen to $197.47, indicating a significant 20% gain over the past week. The transaction was made to fulfill tax withholding obligations from the vesting of restricted stock units, as per Zscaler's equity incentive plans. This sale was not a discretionary trade but a necessary move as per the company's policies. Currently, Schlossman owns 66,919 shares of Zscaler directly and an additional 66 shares indirectly through his spouse. The cybersecurity firm continues to demonstrate robust fundamentals, with revenue growth of 25% and gross profit margins of 77% over the past year. Analysts from InvestingPro suggest that Zscaler is undervalued at its current price point, with 36 analysts revising their earnings estimates upward. More detailed insights are available through InvestingPro Tips and comprehensive analysis for ZS. In a separate development, Zscaler Inc. reported impressive financial results for the fourth quarter of fiscal 2026. The company reported revenue of $898.2 million, representing a 25% increase year-over-year, surpassing consensus estimates by 2.4%. This strong performance led to an increase in Stephens' price target for Zscaler shares from $200 to $225. Stifel also maintained a Buy rating with a $200 price target, while JPMorgan kept its Overweight rating with a $215 price target. Mizuho remains bullish on Zscaler, maintaining an Outperform rating with a $210 price target after discussions with company leadership. These developments highlight the strong investor confidence in Zscaler's performance and future prospects.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Zscaler CRO Michael Rich sells $791,869 in shares for taxes",
        "url": "https://urgent.news/2026/09/18/zscaler-cro-michael-rich-sells-791-869-in-shares-for-taxes",
        "published": "2026-09-18T02:30:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}