ZLAB - Zai Lab Ltd

Insider Sale by Smiley Joshua L (See Remarks)

1 Month
After Trade
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Trade Summary

2 days ago, Smiley Joshua L, serving as See Remarks at Zai Lab Ltd (ZLAB), sold 9,614 shares at $20.39 per share, for a total transaction value of $196,029.00. Following this transaction, Smiley Joshua L now holds 120,619 shares of ZLAB.

This sale represents a 7.00% decrease in Smiley Joshua L's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, April 2, 2026 and publicly disclosed via SEC Form 4 filing on Friday, April 3, 2026, 1 day 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.

Smiley Joshua L

Smiley Joshua L

See Remarks

Joshua L. Smiley (also referred to as Smiley Joshua L) is the President and Chief Operating Officer of Zai Lab Ltd (ZLAB), a biopharmaceutical company focused on oncology, immunology, neuroscience, and infectious diseases.[[1]](https://www.zailaboratory.com/leadership/josh-smiley/)[[4]](https://www.hl.co.uk/shares/shares-search-results/z/zai-lab-ltd-ads-each-repr-10-ord-shares/company-information) He joined Zai Lab in August 2022 and oversees commercial operations, manufacturing, business development, finance, human resources, information technology, corporate affairs, and strategy.[[1]](https://www.zailaboratory.com/leadership/josh-smiley/)[[4]](https://www.hl.co.uk/shares/shares-search-results/z/zai-lab-ltd-ads-each-repr-10-ord-shares/company-information) Prior to Zai Lab, Smiley spent over 25 years at Eli Lilly and Company, rising to Chief Financial Officer, with prior roles as senior vice president of finance, corporate controller, treasurer, and leader of U.S. sales, marketing, business development, and M&A.[[1]](https://www.zailaboratory.com/leadership/josh-smiley/)[[2]](https://www.gurufocus.com/insider/19739/joshua-l-smiley) He has engaged in recent insider trading at ZLAB, including a sale of 3,354 shares on April 4, 2025, and equity awards with sales for tax withholding on March 4, 2026, holding 91,026 ADSs afterward.[[2]](https://www.gurufocus.com/insider/19739/joshua-l-smiley)[[3]](https://www.stocktitan.net/sec-filings/ZLAB/form-4-zai-lab-ltd-insider-trading-activity-88471b67046e.html) Earlier, he served as SVP and CFO at Eli Lilly and director at Elanco Animal Health.[[2]](https://www.gurufocus.com/insider/19739/joshua-l-smiley)

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Trade Price

$20.39

Quantity

9,614

Total Value

$196,029.00

Shares Owned

120,619

Trade Date

Thursday, April 2, 2026

2 days ago

SEC Filing Date

Friday, April 3, 2026

Filed 1 day after trade

HEALTHCAREBIOTECHNOLOGY

About Zai Lab Ltd

Company Overview

No company information available
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