Trade Summary

3 days ago, Amado Rafael, serving as See Remarks at Zai Lab Ltd (ZLAB), sold 10,787 shares at $17.43 per share, for a total transaction value of $188,039.00. Following this transaction, Amado Rafael now holds 52,391 shares of ZLAB.

This sale represents a 17.00% decrease in Amado Rafael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, December 31, 2025 and publicly disclosed via SEC Form 4 filing on Friday, January 2, 2026, 2 days after the trade was made.

Zai Lab Ltd operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.