Form 4: Zscaler Director Ajay Mangal Sells Shares Held in Trust

Director Ajay Mangal of Zscaler, Inc. reports the sale of common stock held in various trusts.

Summary

• Ajay Mangal, a director at Zscaler, Inc., reported the sale of ZS common stock on March 17, 2025.
• The sales were executed at weighted average prices ranging from $200.00 to $202.505 per share.
• The shares were held indirectly through several trusts for which Mr. Mangal serves as a trustee, including The CJCP Trust and CKS Trusts for the benefit of SDC, YPC, and SRC.
• A total of 95,952 shares were sold from The CJCP Trust, reducing the holdings to 21,463,421 shares.
• A total of 95,952 shares were sold from the CKS Trusts, reducing the holdings to approximately 2,580,210 2,594,514 shares per trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market regarding the trading activities of key personnel.

Stakeholder Impact

• The stock sale by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Zscaler, Ajay Mangal, Form 4, stock sale, trust, beneficial ownership, ZS