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Zai Lab Ltd·4

Jun 22, 4:08 PM ET

WIRTH PETER 4

Research Summary

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Zai Lab (ZLAB) Director Peter Wirth Receives Award of 22,371 ADSs

What Happened
Peter Wirth, a director of Zai Lab Ltd (ZLAB), received a grant of 22,371 American Depositary Shares (ADSs) on June 17, 2026. The award was recorded at $0.00 (transaction code A = award/grant). These are restricted shares that do not represent a cash purchase or sale.

Key Details

  • Transaction date: 2026-06-17; Form filed: 2026-06-22 (appears filed after the typical Section 16 two-business-day window).
  • Transaction type/code: Award/Grant (A). Acquired 22,371 ADSs at $0.00.
  • Vesting: Shares are restricted and vest in full on June 17, 2027, contingent on continued board service (footnote).
  • ADS conversion: Each ADS represents 10 ordinary shares; filing reports in ADS terms.
  • Shares owned after transaction: Not specified in the filing.

Context
This was a restricted share award (not a market purchase or sale). Such grants are common compensation for directors and typically vest over time; they do not by themselves signal buying or selling intent. The filing date is several days after the transaction date, which appears later than the standard Section 16 two-business-day reporting window.