Lis William 4

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.