Looks more like capping to me. Usually it will show up more on the higher speeds, making one side almost completely dark (second curtain, so the right side of the image).
Canon P
Lafayette Bridge Replacement by
P F McFarland, on Flickr
Usually, a bit of adjustment to the shutter curtains is all that's needed. But in your case, since there is a definite line of stoppage that is not completely vertical, I'd think there is something in the curtain channels hanging it up also, or improper ribbon wrapping on the drum.
A complete CLA is called for here, since who knows what else will show up. It's not uncommon for these Zorki and FED cameras to have been "repaired" by some hack just to get them to operate enough to take a photo or two. And it's not cheaper to get a "new" Z-4 as was suggested earlier, as there is no such thing. Even if you could find a NewInBox model, it would still need work as the lubricants would surely be dried up by now.
I've got a Zorki 1D that has a rangefinder off of a 1B. I've got a FED 2D that someone put back together with some of the film transport parts 180 degrees out of spec. A busted shutter in another that looks like someone tried to replace a curtain the cheap way by cutting out the old one with a razor blade, and they cut right into the take-up drum.
It is well worth sending the camera to a competent repair person, particularly one who specializes in FED/Zorki cameras. You will then have a good working camera that should last at least a few years, depending on how badly the internals are worn. Better than to just keep buying others junk. I know. I've got a half dozen of them sitting around waiting for me to repair them.
PF