Zscaler, Inc. ZS Chief Executive

What Jay Chaudhry says in public, and what their own SEC filings show they own.

Jay Chaudhry

Jay Chaudhry

Chairman, CEO & Founder · Zscaler, Inc.

Co-founded Zscaler in September 2007 and has been chief executive and chairman ever since, after founding and selling four earlier security companies. He and his affiliates held roughly 41.4% of the shares outstanding at the FY2025 10-K, making him both the operator and by far the largest owner. His argument has not changed in eighteen years: the firewall-and-VPN perimeter is the wrong architecture, and security belongs in a cloud that brokers every connection.

What they own

Ownership

Skin in the game
19/ 70
Level 1Steward

Chaudhry owns about 0% of Zscaler, Inc., worth $69.7M at the last close.

SEC filings
56
Stake 349,704 reported shares ≈ 0.2% of shares outstanding — no 13G on file, so an estimate 12/35
Founder Not assessed — whether they founded the company has not been researched Not assessed
Tenure No start date on record, so tenure scores nothing 0/10
Track record Not assessed — their prior companies have not been researched Not assessed
Direction Net seller — 10,527 shares ($2.1M) sold in the last year 0/15
Discipline 2 late Form 4s in 56 filings 7/10

Nobody has researched this person's career yet, so founder and track record are left out of the score and of the total above.

Score = stake band (35) + founder (15) + tenure (10) + track record (15) + 12-month direction (−10…15) + filing discipline (10). An axis we have not researched is left out of the score and of the total it is shown over. Every input links to a filing or to our own research; the bands are ours.

Reported · Forms 3, 4, 5 349,704 Every lot on the person's own filings, as of Jun 16, 2026
Last open-market trade Sale · $364K Jun 16, 2026 · 2,878 shares at $126.43 · no 10b5-1 plan
Paper trail 2 late filings Form 4 covering a 2022-12-21 gift in Zscaler, Inc. was filed 2023-03-17, 58 business days later; Section 16 allows two.
Reported Zscaler, Inc. shares Forms 3, 4 and 5 · as of 2026-06-16
01M2M3M 201820192020202120222023202420252026 Jun 2026: net −2,878 shares across 1 movement (largest: sale −2,878)Mar 2026: net −1,941 shares across 1 movement (largest: sale −1,941)Dec 2025: net −2,843 shares across 1 movement (largest: sale −2,843)Sep 2025: net −2,865 shares across 2 movements (largest: gift −21,861) 349,704

Dots mark the months the activity below moved the line. Hover one for that month's net move, how many movements it folds and the largest.

How the stake is held
SecurityHeld viaShares
Common StockDirect343,038
Common StockSee footnote6,666
Reported as of 2026-06-16349,704
Held directly
98%
Vehicles
1 trust or entity
Last filing
Jun 17, 2026
Activity · last 12 months 5 events folded from 5 filing lines · Every filing on EDGAR ↗
DateTypeWhat happenedSharesPriceValueNote
Jun 16, 2026 Sale Open-market sale −2,878 $126.43 $364K no 10b5-1 plan
Mar 17, 2026 Sale Open-market sale −1,941 $156.59 $304K no 10b5-1 plan
Dec 16, 2025 Sale Open-market sale −2,843 $230.82 $656K no 10b5-1 plan
Sep 25, 2025 Gift Gift −21,861 — — Through See Footnote
Sep 16, 2025 Sale Open-market sale −2,865 $280.70 $804K no 10b5-1 plan
Every issuer Jay Chaudhry files as an insider of
CompanyRoleReportedBeneficial% of class
SCUR SECURE COMPUTING CORP Director 10M
2007-09-10		 — —
ZS Zscaler, Inc. This page CEO & Chairman 349,704
2026-06-16		 — —

Reported is every lot on the person's own Forms 3, 4 and 5 — direct and through trusts. Beneficial is the figure stated on the latest Schedule 13D/G cover page, which can exclude shares the person disclaims and include options exercisable within 60 days, so the two are never added together.

Paper trail

56 filings under CIK 0001374436 · captured 2026-09-05 · All filings on EDGAR ↗

On the record with shareholders

Earnings calls

  1. Q4 FY2026 Sep 3, 2026 Chaudhry framed the year as the moment AI stopped being a theme and became the demand driver: "AI is quickly becoming the largest tailwind we've ever seen." His argument ran from threat to architecture — frontier models find vulnerabilities faster than anyone can patch them, agents now act autonomously and sometimes badly, and the only durable answer is to make applications, models and data unreachable rather than to race the attacker. He put numbers behind adoption rather than sentiment: more than 950 Zero Trust Everywhere enterprises against over 350 a year earlier, Security for AI bookings up more than 50% sequentially, and over 750 billion transaction logs a day as the telemetry advantage he says makes an agent-native SecOps product possible — the Agentic SecOps solution built on Red Canary that launches on 9 September. Asked why a record-margin quarter comes with a 3% workforce cut, he called it rebalancing toward AI and sales capacity rather than retrenchment, and said the account-centric sales transformation that worried the Street last quarter is now showing in the highest quarterly productivity the company has recorded. Read the call · 8 quotes →
In their own words

Podcasts, interviews & articles

4 recorded appearances

2026

Interview Investment Reports · Jul 7, 2026

Jay Chaudhry, Zscaler CEO, Chairman & Founder

Argues the failure is architectural rather than budgetary - firms spent more on security while breaches kept rising because the moat-around-the-castle model no longer matches where users and applications live. On AI he says compromised agents are the coming risk because, unlike people, they move instantly and scale, and that the real constraint on defence is procurement cycles and operational inertia, not attacker sophistication.

Watch or read →
Podcast Motley Fool Money · Jan 4, 2026 · 27 min

Interview with Zscaler Founder and CEO Jay Chaudhry

The clearest statement of the commercial moat as he sees it: 285 C-suite executives have bought Zscaler at more than one employer. He describes access as an old switchboard connecting a user only to the application they are entitled to, and argues zero trust blunts AI-assisted attacks by capping what a stolen credential can reach.

Watch or read →

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