medium
Sell
4,524 shares
$1,269,880
Significance
5/10
EVP Raj sold 4,524 ZS shares at $280.70 for $1.3M; retains 73.8K shares. Stock unprofitable, down 8.5% in 90 days.
Judge Raj sold 4,524 shares at $280.70, reducing his holdings by 5.8% to 73,832 shares post-transaction. The sale occurred when Zscaler's stock was trading 11.7% below its 52-week high of $316.50 and has declined 8.5% over the prior 90 days, though it rose 0.9% over the past 30 days. Notably, the company remains unprofitable on a full-year basis with a net loss of $4,125,000.00 despite quarterly revenue of $678,034,000.00 and annual revenue growth of 23.3%. The sale represents a modest portfolio reduction by a senior executive while the company navigates profitability challenges in a growth phase.