=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-25
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Zscaler, Inc. (ZS)
CIK: 0001713683
--- Reporting Owner ---
Name: RUBIN KEVIN
CIK: 0001198529
Role: Officer (Chief Financial Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-08-25 | Code: S (Open market sale)
Shares: -291 | Price: $172.53
Total Value: $50,207.25
Shares Owned After: 41,107 | Ownership: D (Direct)
Footnotes:
[F1] The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.
[F2] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.10 to $173.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
[Transaction #2]
Security: Common Stock
Date: 2026-08-25 | Code: S (Open market sale)
Shares: -92 | Price: $173.53
Total Value: $15,964.96
Shares Owned After: 41,015 | Ownership: D (Direct)
Footnotes:
[F1] The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.
[F3] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.10 to $174.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
[Transaction #3]
Security: Common Stock
Date: 2026-08-25 | Code: S (Open market sale)
Shares: -48 | Price: $174.54
Total Value: $8,377.98
Shares Owned After: 40,967 | Ownership: D (Direct)
Footnotes:
[F1] The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.
[F4] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.18 to $174.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
[Transaction #4]
Security: Common Stock
Date: 2026-08-25 | Code: S (Open market sale)
Shares: -66 | Price: $175.78
Total Value: $11,601.36
Shares Owned After: 40,901 | Ownership: D (Direct)
Footnotes:
[F1] The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.
[F5] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.33 to $176.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
[Transaction #5]
Security: Common Stock
Date: 2026-08-25 | Code: S (Open market sale)
Shares: -6 | Price: $176.49
Total Value: $1,058.94
Shares Owned After: 40,895 | Ownership: D (Direct)
Footnotes:
[F1] The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.
--- Footnotes (Complete Index) ---
F1: The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.10 to $173.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.10 to $174.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.18 to $174.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.33 to $176.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
--- Signature ---
/s/ /s/ Torrie Nute, by power of attorney (2026-08-26)
