ZSCALER INC

Ticker: ZS CUSIP: 98980G102 Class: EQTY

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 34,513 Value ($000) $7,763 Avg Close $282.25 Range $224.88 - $336.99

Q3 2025

Shares 33,616 Value ($000) $10,073 Avg Close $285.11 Range $260.40 - $318.46

Q2 2025

Shares 30,901 Value ($000) $9,701 Avg Close $249.30 Range $164.78 - $317.26

Q1 2025

Shares 30,086 Value ($000) $5,970 Avg Close $199.27 Range $180.18 - $217.10

Q4 2024

Shares 29,340 Value ($000) $5,293 Avg Close $193.56 Range $165.42 - $217.84

Q3 2024

Shares 28,604 Value ($000) $4,890 Avg Close $182.63 Range $153.45 - $208.14

Q2 2024

Shares 30,123 Value ($000) $5,789 Avg Close $177.98 Range $155.25 - $193.96

Q1 2024

Shares 32,177 Value ($000) $6,198 Avg Close $223.73 Range $190.35 - $259.61

Q4 2023

Shares 29,613 Value ($000) $6,561 Avg Close $185.19 Range $149.63 - $227.29

Q3 2023

Shares 28,460 Value ($000) $4,428 Avg Close $149.95 Range $131.59 - $167.50

Q2 2023

Shares 28,839 Value ($000) $4,219 Avg Close $122.11 Range $84.93 - $162.67

Q1 2023

Shares 24,387 Value ($000) $2,849 Avg Close $119.97 Range $99.64 - $143.63

Q4 2022

Shares 19,732 Value ($000) $2,208 Avg Close $135.86 Range $105.74 - $185.99

Q3 2022

Shares 17,729 Value ($000) $2,914 Avg Close $163.61 Range $140.72 - $194.21

Q2 2022

Shares 11,192 Value ($000) $1,673 Avg Close $176.82 Range $125.12 - $253.74

Q1 2022

Shares 11,944 Value ($000) $2,882 Avg Close $245.72 Range $186.00 - $323.55

Q4 2021

Shares 11,494 Value ($000) $3,693 Avg Close $314.89 Range $248.33 - $376.11

Q3 2021

Shares 10,888 Value ($000) $2,855 Avg Close $251.10 Range $211.19 - $293.44

Q2 2021

Shares 9,340 Value ($000) $2,018 Avg Close $190.14 Range $157.03 - $223.94

Q1 2021

Shares 7,132 Value ($000) $1,224 Avg Close $198.66 Range $160.66 - $230.88

Q4 2020

Shares 5,152 Value ($000) $1,029 Avg Close $159.02 Range $120.34 - $212.59

Q3 2020

Shares 4,890 Value ($000) $688 Avg Close $129.79 Range $107.02 - $163.80

Q2 2020

Shares 3,280 Value ($000) $359 Avg Close $83.11 Range $59.20 - $115.17

Q1 2020

Shares 1,100 Value ($000) $67 Avg Close $55.04 Range $35.00 - $66.50

Q4 2019

Shares 1,000 Value ($000) $47 Avg Close $46.41 Range $40.05 - $53.07

Q3 2019

Shares 500 Value ($000) $24 Avg Close $72.02 Range $46.04 - $89.54

Q2 2019

Shares 225 Value ($000) $17 Avg Close $71.23 Range $60.02 - $82.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	34,513	$7,763	$282.25	$224.88 - $336.99
Q3 2025	33,616	$10,073	$285.11	$260.40 - $318.46
Q2 2025	30,901	$9,701	$249.30	$164.78 - $317.26
Q1 2025	30,086	$5,970	$199.27	$180.18 - $217.10
Q4 2024	29,340	$5,293	$193.56	$165.42 - $217.84
Q3 2024	28,604	$4,890	$182.63	$153.45 - $208.14
Q2 2024	30,123	$5,789	$177.98	$155.25 - $193.96
Q1 2024	32,177	$6,198	$223.73	$190.35 - $259.61
Q4 2023	29,613	$6,561	$185.19	$149.63 - $227.29
Q3 2023	28,460	$4,428	$149.95	$131.59 - $167.50
Q2 2023	28,839	$4,219	$122.11	$84.93 - $162.67
Q1 2023	24,387	$2,849	$119.97	$99.64 - $143.63
Q4 2022	19,732	$2,208	$135.86	$105.74 - $185.99
Q3 2022	17,729	$2,914	$163.61	$140.72 - $194.21
Q2 2022	11,192	$1,673	$176.82	$125.12 - $253.74
Q1 2022	11,944	$2,882	$245.72	$186.00 - $323.55
Q4 2021	11,494	$3,693	$314.89	$248.33 - $376.11
Q3 2021	10,888	$2,855	$251.10	$211.19 - $293.44
Q2 2021	9,340	$2,018	$190.14	$157.03 - $223.94
Q1 2021	7,132	$1,224	$198.66	$160.66 - $230.88
Q4 2020	5,152	$1,029	$159.02	$120.34 - $212.59
Q3 2020	4,890	$688	$129.79	$107.02 - $163.80
Q2 2020	3,280	$359	$83.11	$59.20 - $115.17
Q1 2020	1,100	$67	$55.04	$35.00 - $66.50
Q4 2019	1,000	$47	$46.41	$40.05 - $53.07
Q3 2019	500	$24	$72.02	$46.04 - $89.54
Q2 2019	225	$17	$71.23	$60.02 - $82.25