Edmondson Frazor Titus III 4
4 · Zai Lab Ltd · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Zai Lab (ZLAB) CLO Edmondson Titus Sells 3,517 ADSs
What Happened
- Edmondson Frazor Titus III, Chief Legal Officer of Zai Lab Ltd (ZLAB), sold 3,517 American Depositary Shares (ADSs) on May 14, 2026. The shares were sold at $20.19 per ADS for a total of $71,008. The transaction is reported as a sale (S) effected in the open market (or private sale as noted).
Key Details
- Transaction date and price: 2026-05-14 — 3,517 ADSs at $20.19 each.
- Total value: $71,008.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- Each ADS represents ten ordinary shares; ADSs and ordinary shares are fully fungible (reported in ADS terms).
- The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025.
- Filing: Form 4 filed May 15, 2026 (one day after the transaction), which is timely under Section 16 reporting rules.
Context
- This was a sale, which for insiders is often routine (e.g., pre-set trading plan or diversification) and is less indicative of a bullish signal than purchases. The 10b5-1 plan note indicates the sale followed a pre-established trading arrangement.
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Edmondson Frazor Titus III
Chief Legal Officer
Transactions
- Sale
American Depositary Shares
[F1][F2]2026-05-14$20.19/sh−3,517$71,008→ 19,849 total
Footnotes (2)
- [F1]Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs.
- [F2]The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2025.
Signature
/s/ Bruce Blefeld, Attorney-in-Fact|2026-05-15