Summary by Moomoo AI
On December 9, 2024, Jagtar Singh Chaudhry, CEO & Chairman of Zscaler, completed a stock transaction involving the company's common stock. Chaudhry gifted 26,101 shares at a price of $0, indicating a bona fide gift transaction.Following this transaction, Chaudhry's indirect beneficial ownership decreased to 24,363,128 shares. Additionally, he maintains direct ownership of 361,432 shares of Zscaler common stock. The nature of the indirect beneficial ownership is referenced in a footnote, suggesting potential complexities in the ownership structure.This gift transaction by the CEO, while not involving a monetary exchange, represents a significant movement of shares and may be of interest to investors monitoring insider activities and ownership changes within Zscaler's leadership.
