[144] Zai Lab Ltd SEC Filing

Rhea-AI Filing Summary

ZLAB reported a Form 144 notice listing proposed or recent sales of American Depositary Shares by Frazor T. Edmondson. The filing lists three transactions: 15,569 shares for $296,745.14 on 03/05/2026; 1,281 shares for $23,862.72 on 03/13/2026; and 4,194 shares for $85,516.08 on 04/02/2026

The filing also notes restricted stock vesting of American Depositary Shares on 04/02/2026 reported as compensation. The notice identifies Fidelity Brokerage Services LLC and lists NASDAQ as the exchange.

Insights

Securities Attorney

Form 144 documents proposed or recent resale of restricted ADS under Rule 144.

Form 144 is a notice of an intended sale that helps comply with resale safe-harbors; it does not itself confirm execution or market timing. The filing lists specific ADS quantities and dollar amounts for three dated transactions in March–April 2026.

Regulatory significance lies in disclosure and transfer mechanics: vesting on 04/02/2026 created restricted securities, and the filer provided broker and exchange details. Subsequent filings or trade confirmations would show whether sales settled.

Key Figures

ADS sold 1: 15,569 shares Proceeds 1: $296,745.14 ADS sold 2: 1,281 shares +4 more

7 metrics

ADS sold 1 15,569 shares transaction dated 03/05/2026

Proceeds 1 $296,745.14 proceeds from 03/05/2026 entry

ADS sold 2 1,281 shares transaction dated 03/13/2026

Proceeds 2 $23,862.72 proceeds from 03/13/2026 entry

ADS sold 3 4,194 shares transaction dated 04/02/2026

Proceeds 3 $85,516.08 proceeds from 04/02/2026 entry

Vesting date 04/02/2026 restricted stock vesting reported as compensation

Key Terms

American Depositary Shares, Restricted Stock Vesting, Form 144

3 terms

American Depositary Shares financial

"American Depositary Shares | Fidelity Brokerage Services LLC"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Restricted Stock Vesting regulatory

"Restricted Stock Vesting | Issuer | 04/02/2026"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	1224	25028.96	307140690	04/06/2026	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	04/02/2026	Restricted Stock Vesting	Issuer			1224	04/02/2026	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
Frazor T. Edmondson 899 Halei Road Building B, Pudong Shanghai F4 201203	American Depositary Shares	03/05/2026	15569	296745.14
Frazor T. Edmondson 899 Halei Road Building B, Pudong Shanghai F4 201203	American Depositary Shares	03/13/2026	1281	23862.72
Frazor T. Edmondson 899 Halei Road Building B, Pudong Shanghai F4 2010203	American Depositary Shares	04/02/2026	4194	85516.08

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ZLAB's Form 144 disclose about insider sales?

It discloses proposed or recent sales of ADS by Frazor T. Edmondson with specific trade details. The filing lists three dated entries totaling 20, etc. The notice includes dollar amounts and dates: 03/05/2026, 03/13/2026, and 04/02/2026.

How many ADS did Frazor T. Edmondson report selling in March–April 2026 for ZLAB?

The filing shows three transactions: 15,569; 1,281; and 4,194 ADS on listed dates. Each line includes the dollar proceeds: $296,745.14, $23,862.72, and $85,516.08 respectively.

Does the Form 144 show restricted shares vesting for ZLAB?

Yes. The filing notes American Depositary Shares tied to restricted stock vesting on 04/02/2026 reported as compensation. That vesting event is listed separately from the resale transaction entries.

Who is the broker or intermediary listed on the ZLAB Form 144?

Fidelity Brokerage Services LLC is listed with an address in Smithfield, RI. The filing also references NASDAQ as the market for the securities in the disclosure.

Does Form 144 confirm that the listed ADS sales settled?

No. Form 144 is a notice of proposed resale or compliance with resale rules and does not by itself confirm settlement. Trade execution or settlement would be shown in transaction confirmations or later filings.