Zscaler Reports Officer/Director Changes, Compensation on Jan 29

TL;DR

**Zscaler just reported executive changes and compensation updates, keep an eye on leadership.**

AI Summary

Zscaler, Inc. filed an 8-K on February 2, 2024, reporting an event that occurred on January 29, 2024, related to changes in its directors or certain officers and their compensatory arrangements. This filing indicates potential shifts in leadership or executive compensation, which could impact the company's strategic direction and financial performance. For investors, this matters because changes in key personnel or their pay structures can signal confidence (or lack thereof) in the company's future, potentially affecting stock valuation.

Why It Matters

Changes in executive leadership or compensation can signal strategic shifts or financial health, directly influencing investor confidence and the company's future trajectory.

Risk Assessment

Risk Level: medium — While the filing doesn't detail specific departures or appointments, any executive changes introduce uncertainty regarding future company strategy and performance.

Analyst Insight

Investors should monitor Zscaler's upcoming announcements for specific details on the reported executive changes and compensation, as these could influence future company strategy and stock performance. This filing is a heads-up, not a definitive action signal.

Key Numbers

• 001-38413 — Commission File Number (Identifies Zscaler's registration with the SEC.)
• 20240129 — Conformed Period of Report (Indicates the date of the event being reported in the 8-K.)

Key Players & Entities

• Zscaler, Inc. (company) — the registrant filing the 8-K
• January 29, 2024 (date) — date of the earliest event reported
• February 2, 2024 (date) — date the 8-K was filed
• 001-38413 (number) — Commission File Number
• Delaware (company) — State of incorporation for Zscaler, Inc.

Forward-Looking Statements

• Zscaler will provide more details on the specific executive changes and compensation arrangements in future filings or press releases. (Zscaler, Inc.) — medium confidence, target: Q1 2024

FAQ

From the Filing

0001713683-24-000027.txt : 20240202 0001713683-24-000027.hdr.sgml : 20240202 20240202160546 ACCESSION NUMBER: 0001713683-24-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240129 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Zscaler, Inc. CENTRAL INDEX KEY: 0001713683 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology IRS NUMBER: 261173892 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38413 FILM NUMBER: 24591366 BUSINESS ADDRESS: STREET 1: 110 ROSE ORCHARD WAY CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: (408) 533-0288 MAIL ADDRESS: STREET 1: 110 ROSE ORCHARD WAY CITY: SAN JOSE STATE: CA ZIP: 95134 8-K 1 zs-20240129.htm 8-K zs-20240129 FALSE 0001713683 0001713683 2024-01-29 2024-01-29 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K ___________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (date of earliest event reported) January 29, 2024 ___________________________________ Zscaler, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware (State or other jurisdiction of incorporation or organization) 001-38413 (Commission File Number) 26-1173892 (I.R.S. Employer Identification Number) 120 Holger Way San Jose , California 95134 (Address of principal executive offices and zip code) ( 408 ) 553-0288 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) ___________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange of which registered Common Stock, $0.001 Par Value ZS The Nasdaq Stock Market LLC  Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On January 29, 2024, Dali Rajic resigned as the Chief Operating Officer of Zscaler, Inc. effective February 2, 2024. Item 9.01     Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 104 Cover page interactive data file (embedded within the Inline XBRL document)     SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the regist