Lis William 4
4 · Zai Lab Ltd · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Zai Lab (ZLAB) Director Lis William Sells 7,040 ADS
What Happened
- Lis William, a director of Zai Lab Ltd (ZLAB), disposed of 7,040 American Depositary Shares (ADSs) on June 22, 2026 at $18.09 per ADS, generating proceeds of $127,354. The sale is reported as an open market or private sale and was effected under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-06-22 — 7,040 ADS sold at $18.09 per ADS.
- Total proceeds: $127,354.
- Instrument: ADSs (footnote: 1 ADS = 10 ordinary shares; filing reports in ADSs).
- Plan note: Sale executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2025.
- Filing/Timeliness: Form 4 filed on 2026-06-24; this filing appears timely (within the usual 2-business-day window).
- Shares owned after transaction: Not provided in the information supplied in this summary.
Context
- Sales made under 10b5-1 plans are pre-scheduled and often reflect previously arranged disposition instructions rather than a director’s current view of the company; they are generally considered routine. Retail investors should view this as a disclosed insider sale but avoid inferring motive from a single planned sale.
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Lis William
Director
Transactions
- Sale
American Depositary Shares
[F1][F2]2026-06-22$18.09/sh−7,040$127,354→ 50,437 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2025.
Signature
/s/ Bruce Blefeld, Attorney-in-Fact|2026-06-24