Zai Lab Ltd Executives Conduct Significant Share Sales
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Reporter Name | Relationship | Type | Amount | SEC Filing |
---|---|---|---|---|
Du Ying | Chairperson & CEO | Sell | $3,323,324 | Form 4 |
Gaynor Richard | Director | Sell | $87,675 | Form 4 |
Du Ying, Chairperson & CEO of Zai Lab Ltd, sold a total of 96,389 American Depositary Shares over two days, with transactions dated March 4 and 5, 2025. The sales were executed at weighted average prices between $32.6901 and $35.8429, amounting to a total of $3,323,324. Following these transactions, Du Ying's direct ownership in the company stands at 494,117 shares.
Richard Gaynor, a Director at Zai Lab Ltd, sold 2,500 American Depositary Shares on March 5, 2025, at a price of $35.07 per share, totaling $87,675. Post-sale, Gaynor directly owns 44,068 shares of Zai Lab Ltd. His sale was conducted under a Rule 10b5-1 trading plan adopted on May 29, 2024.