Yajing Chen - 04 Mar 2026 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Apr 2026, 17:57:53 UTC
Prior SEC filing
04 Nov 2025
Next SEC filing
08 Apr 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bruce Blefeld, Attorney-in-Fact

Key filing fact

Yajing Chen filed Form 4 for Zai Lab Ltd (ZLAB) on 03 Apr 2026.

Key facts

  • This page summarizes Yajing Chen's Form 4 filing for Zai Lab Ltd (ZLAB).
  • 8 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 03 Apr 2026, 17:57.

Change

  • Previous filing in this sequence was filed on 04 Nov 2025.
  • Current net transaction value: -$106,008.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001985694 Primary reporting owner

Chen Yajing

Relationship
Chief Financial Officer
Address
C/O ZAI LAB LIMITED, 314 MAIN STREET, 4TH FLOOR, SUITE 100, CAMBRIDGE
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Signature date
03 Apr 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZLAB transaction

American Depositary Shares

Options Exercise

Transaction value
Shares
+1,500
Change %
+7.5%
Price
Shares after
21,499
Date
01 Apr 2026
Ownership
Direct
Footnotes
F1, F2, F3
ZLAB transaction

American Depositary Shares

Options Exercise

Transaction value
Shares
+13,758
Change %
+64%
Price
Shares after
35,257
Date
01 Apr 2026
Ownership
Direct
Footnotes
F1, F2, F3
ZLAB transaction

American Depositary Shares

Options Exercise

Transaction value
Shares
+2,500
Change %
+7.1%
Price
Shares after
37,757
Date
02 Apr 2026
Ownership
Direct
Footnotes
F1, F2, F3
ZLAB transaction

American Depositary Shares

Sale

Transaction value
$106,008
Shares
-5,199
Change %
-14%
Price
$20.39
Shares after
32,558
Date
02 Apr 2026
Ownership
Direct
Footnotes
F1, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZLAB transaction Derivative

Performance-Based Share Units

Award

Transaction value
Shares
+11,924
Change %
Price
$0.000000*
Shares after
11,924
Date
04 Mar 2026
Ownership
Direct
Underlying class
American Depositary Shares
Underlying amount
11,924
Exercise price
Footnotes
F1, F5, F6
ZLAB transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares
-1,500
Change %
-50%
Price
$0.000000*
Shares after
1,500
Date
01 Apr 2026
Ownership
Direct
Underlying class
American Depositary Shares
Underlying amount
1,500
Exercise price
Footnotes
F1, F3, F7
ZLAB transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares
-13,758
Change %
-33%
Price
$0.000000*
Shares after
27,516
Date
01 Apr 2026
Ownership
Direct
Underlying class
American Depositary Shares
Underlying amount
13,758
Exercise price
Footnotes
F1, F3, F8
ZLAB transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares
-2,500
Change %
-50%
Price
$0.000000*
Shares after
2,500
Date
02 Apr 2026
Ownership
Direct
Underlying class
American Depositary Shares
Underlying amount
2,500
Exercise price
Footnotes
F1, F3, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs.

Footnote F2

ADSs acquired upon vesting of Restricted Share Units ("RSUs").

Footnote F3

Each RSU represents a contingent right to receive one ADS.

Footnote F4

These ADSs were sold automatically to cover taxes upon vesting of RSUs.

Footnote F5

Each performance-based share unit ("PSU") represents a contingent right to receive one ADS.

Footnote F6

The reporting person was granted PSUs on March 12, 2025 based on the satisfaction of specified performance criteria between January 1, 2025 through December 31, 2025. On March 4, 2026, the performance-based vesting conditions were confirmed for PSUs representing 11,924 ADSs. The PSUs vest in full on March 12, 2028, the third anniversary of the date of grant, subject to continuous service.

Footnote F7

The RSUs vest in equal annual installments over five years beginning on 04/01/2023, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.

Footnote F8

The RSUs vest in equal annual installments over four years beginning on 04/01/2025, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.

Footnote F9

The RSUs vest in equal annual installments over four years beginning on 04/03/2024, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.

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