Edmondson Frazor Titus III 4

What Happened
Edmondson Frazor Titus III, Chief Legal Officer of Zai Lab Ltd (ZLAB), disposed of 15,569 American Depositary Shares (ADSs) in an open‑market sale on 2026-03-05 at $19.06 per ADS, generating approximately $296,745 in proceeds. This filing reports the sale as code “S” (sale).

Key Details

• Transaction date and price: 2026-03-05 — 15,569 ADS sold at $19.06 each. Total proceeds ≈ $296,745.
• Reporting/filing: Period of report 2026-03-05; Form 4 filed 2026-03-06 (filed timely).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — Each ADS represents 10 ordinary shares; these ADSs are reported here (15,569 ADS ≈ 155,690 ordinary shares). F2 — Transaction was effected under a Rule 10b5‑1 trading plan adopted by the reporting person on 2025-09-12 (pre‑planned trade).

Context
This was a sale (often routine) executed under a pre‑established 10b5‑1 plan, which typically indicates the trade was prearranged rather than a spontaneous signal of the insider’s view. No other indicators (e.g., late filing or cashless exercise) were noted in the filing.