Summary by Futu AI
Chaudhry Jagtar Singh, an officer, director, and 10% stockholder of Zscaler, Inc., is set to sell 2,863 shares of common stock on 12/17/2024. The aggregate market value of the shares to be sold is $573,513.94. These shares were acquired on 12/16/2024 through the vesting of Restricted Stock Units as part of compensation from the issuer.In the past three months, Singh sold 2,852 shares of common stock on 09/17/2024, generating gross proceeds of $488,490.56. This upcoming sale continues the pattern of periodic stock transactions by the insider.The transaction details were disclosed in a notice dated 12/17/2024, aligning with regulatory requirements for insider trading reporting. This sale represents a small portion of Singh's holdings in Zscaler, given his status as a significant stockholder.