Summary by Futu AI
James A. Beer, a director and 10% owner of Zscaler, Inc., filed an Initial Statement of Beneficial Ownership of Securities with the SEC on May 25, 2024. The Form 3 filing, required under Section 16(a) of the Securities Exchange Act of 1934, indicates that no securities are beneficially owned by Beer. The form, signed by Torrie Nute by power of attorney on May 28, 2024, is a standard disclosure for individuals in Beer's position, detailing ownership of non-derivative and derivative securities. This filing is particularly relevant for investors as it provides transparency regarding the holdings of key insiders within the company.