Form 4: Zscaler Director Giancarlo Reports RSU Grant

Zscaler Director Charles H. Giancarlo reported the acquisition of 1,076 restricted stock units, vesting quarterly starting March 15, 2026.

Summary

• Charles H. Giancarlo, a Director at Zscaler, Inc., reported the acquisition of 1,076 shares of common stock.
• These shares are represented by restricted stock units (RSUs), granted with a transaction price of $0 per share.
• The RSUs will vest in four equal quarterly installments, commencing on March 15, 2026.
• The transaction date for this acquisition was January 12, 2026.
• Following this transaction, Giancarlo's beneficial ownership includes 145,451 shares held directly and 142,824 shares held indirectly through various trusts where he serves as a trustee.

Sentiment

Score: 6

Explanation: Slightly positive as it represents routine director compensation and aligns interests, but not a significant market moving event.

Positives

• The grant of 1,076 restricted stock units (RSUs) to Director Charles H. Giancarlo aligns his interests with those of shareholders.
• The vesting schedule, starting March 15, 2026, provides a future incentive for continued service and performance.

Future Outlook

NA

Industry Context

This Form 4 filing reports a routine equity compensation grant to a director, which is a common practice across the technology industry to incentivize and retain key leadership. It does not provide broader insights into Zscaler's market position or industry trends.

Related Party Transactions

• The reporting person holds shares indirectly through The 2012 Gianna Marie Giancarlo Trust UAD 12/26/12, The 2012 Marielle Christina Giancarlo Trust UAD 12/26/12, and The Charles H. & Dianne G. Giancarlo Family Trust U/D/T 11/2/98, for which he serves as a trustee.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director helps align management's interests with those of shareholders, potentially fostering long-term value creation.
• Director (Charles H. Giancarlo): Receives additional equity compensation, increasing his stake in the company.

Next Steps

• The 1,076 restricted stock units will vest in four equal quarterly installments beginning March 15, 2026.

Key Dates

Keywords

Zscaler, ZS, Form 4, insider transaction, restricted stock units, RSU, director compensation, beneficial ownership, equity grant