Rafael Amado reports sale of ZLAB ADS

ZLAB reporting person Rafael Amado reported dispositions of American Depositary Shares.

Accepted by SEC EDGAR 03/13/2026 - 03:49 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ZLAB reporting person Rafael Amado reported dispositions of American Depositary Shares. The filing lists sales of 10,787 ADS on 12/31/2025 for $188,033.59 and 10,000 ADS on 03/03/2026 for $173,800.00. The filing also shows 2,957 ADS vested as restricted stock on 03/12/2026 for compensation.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What sales did Rafael Amado report for ZLAB ADS?

Rafael Amado reported sales of 10,787 ADS on 12/31/2025 for $188,033.59 and 10,000 ADS on 03/03/2026 for $173,800.00. These amounts are listed in the Form 144 excerpt.

Does the filing show any compensatory vesting for ZLAB (ADS)?

Yes. The excerpt lists a restricted stock vesting of 2,957 ADS on 03/12/2026 described as Compensation. The entry identifies the issuer as the source of those vested shares.

What proceeds were recorded for the reported ZLAB ADS sales?

The filing shows proceeds of $188,033.59 for the 10,787 ADS sale on 12/31/2025 and $173,800.00 for the 10,000 ADS sale on 03/03/2026. Those dollar amounts are listed in the excerpt.

Are the reported ZLAB transactions tied to issuer actions or open-market sales?

The excerpt identifies the 2,957 ADS as a restricted stock vesting from the issuer on 03/12/2026. The two sales are listed under "Securities Sold During The Past 3 Months" and appear as dispositions; the method of sale beyond the listed dates and proceeds is not detailed.

Where are the ZLAB ADS registered or listed according to the filing?

The excerpt shows the securities as American Depositary Shares with a market designation of NASDAQ. The filing entries include broker information for Fidelity Brokerage Services LLC and associated share counts and values as shown.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001662119
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Zai Lab Ltd
SEC File Number	001-38205
Address of Issuer	899 HALEI ROAD BUILDING B, PUDONG SHANGHAI CHINA 201203
Phone	862161632588
Name of Person for Whose Account the Securities are To Be Sold	Amado Rafael
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2957	55083.59	307140690	03/13/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares	03/12/2026	Restricted Stock Vesting	Issuer			2957	03/12/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Rafael Amado 899 Halei Road Building B, Pudong Shanghai F4 201203	American Depositary Shares	12/31/2025	10787	188033.59
Rafael Amado 899 Halei Road Building B, Pudong Shanghai F4 201203	American Depositary Shares	03/03/2026	10000	173800.00

144: Remarks and Signature

Remarks	Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution.
Date of Notice	03/13/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Rafael Amado
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)