Zscaler, Inc.: management transactions · United States · SEC (Form 4)

About Zscaler, Inc.

Zscaler, Inc. (ticker: ZS) is a U.S.-based cybersecurity company listed on the NASDAQ market in the United States. From an equity-investor perspective, it sits in the high-growth cloud security software segment and is best known for helping enterprises replace legacy network-security architectures with a modern Zero Trust model. The company was founded in 2007, originally under the name SafeChannel, and changed its name to Zscaler in 2008. Its headquarters are in San Jose, California. Zscaler was built around a simple but powerful thesis: as cloud adoption accelerated, the internet would become the new corporate network and the traditional data center would no longer be the center of gravity for enterprise security. Its core business is centered on the Zero Trust Exchange platform, a cloud-delivered security architecture designed to securely connect users, applications, workloads, and data without relying on conventional VPN and perimeter firewall models. The platform is positioned as a unified security layer that supports secure access, threat protection, data security, and broader capabilities around AI and digital operations. This platform-led approach is the company’s main competitive differentiator. It gives Zscaler a strong foothold in the Zero Trust and SASE categories, where enterprises are looking to reduce complexity, improve visibility, and harden security in increasingly distributed environments. Zscaler competes with a broad set of cybersecurity vendors, but it stands out through its highly integrated, cloud-native architecture and its focus on replacing legacy point products with a single policy and enforcement layer. The company serves customers globally and has a worldwide footprint across North America, Europe, South America, and Asia. Its client base is especially weighted toward large enterprises and complex organizations that need to modernize remote access, branch connectivity, and security controls at scale. Recent developments underscore the company’s strategic direction. Zscaler reported strong third-quarter fiscal 2025 results, including 23% year-over-year revenue growth, and later reported first-quarter fiscal 2026 annual recurring revenue above $3.2 billion. In 2025, the company also expanded into AI security through the acquisition of SPLX and announced new innovations in monitoring, diagnostics, and remediation. For investors, Zscaler remains a structurally relevant NASDAQ-listed technology name tied to long-term cybersecurity demand, while execution, margin discipline, and continued platform adoption remain key variables to watch.