Zscaler, Inc. Chief Financial Officer Kevin Rubin filed a Form 4 with the SEC on October 27, 2026, disclosing the sale of 514 shares of common stock on October 26, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Kevin Rubin, Chief Financial Officer of Zscaler, Inc. (NASDAQ:ZS)
  • Transaction date: October 26, 2026, across nine separate sale transactions
  • Total shares sold: 514 shares of common stock, disposed of directly
  • Sale price range: Weighted average prices ranged from $253.26 to $261.272 per share across the nine tranches
  • Beneficial ownership following sales: 62,113 shares of common stock held directly
  • Trading plan: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026

Rubin's Nine-Tranche Sale Under 10b5-1 Plan

According to the filing, Kevin Rubin, in his capacity as Chief Financial Officer of Zscaler, Inc. (NASDAQ:ZS), disposed of a total of 514 shares of common stock on October 26, 2026. The filing indicates all sales carried transaction code "S" and were effected directly. The filing states the sales were made "pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026."

The 514 shares were sold across nine tranches at weighted average prices. The filing reports the following tranche details: 20 shares at a weighted average of $253.26 (range $252.79 to $253.72); 32 shares at $254.3419 (range $253.80 to $254.77); 14 shares at $255.3214 (range $254.83 to $255.73); 16 shares at $256.31 (range $255.99 to $256.69); 21 shares at $257.4786 (range $256.99 to $257.90); 19 shares at $258.6184 (range $258.03 to $258.96); 120 shares at $259.7297 (range $259.05 to $260.04); 252 shares at $260.3464 (range $260.05 to $261.04); and 20 shares at $261.272 (range $261.14 to $261.40).

The filing notes that each price listed in the transaction table is a weighted average, and that Rubin "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." Following all reported transactions, Rubin's direct beneficial ownership in Zscaler common stock stood at 62,113 shares, according to the filing. The Form 4 was signed by Torrie Nute under power of attorney on October 27, 2026.

What Was Disclosed

The filing discloses that Zscaler CFO Kevin Rubin sold 514 shares of common stock on October 26, 2026, in nine tranches at weighted average prices between $253.26 and $261.272, under a pre-established Rule 10b5-1 plan, retaining direct ownership of 62,113 shares.