secwatch.observer — SEC 8-K summary
======================================

Issuer:     Zscaler, Inc. (ZS)
CIK:        0001713683
Form:       8-K
Filed at:   2024-12-02T23:59:59+00:00
Accession:  0001713683-24-000147
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zscaler CFO Retires, Severance Policy Expanded for Non-COC Terminations
-----------------------------------------------------------------------

- CFO Remo Canessa to retire; will remain until successor is appointed; search underway.
- Severance policy amended: execs get 50% base salary over 6 months on non-COC termination.
- Also get accelerated vesting of time-based equity awards for shares vesting within 6 months.
- Previously no severance for non-COC termination; named executive officers affected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713683/000171368324000147/0001713683-24-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713683/000171368324000147/zs-20241126.htm
  HTML page:      https://secwatch.observer/filing/0001713683-24-000147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer