MOULDER LEON O JR bought $1.0M of ZBIO

bought $1.02m of ZBIO

57,000 shares @ $17.96

Increased holdings by +15.60%

2nd largest trade (out of 33)

Large TradeCluster Buy

Trade made by an officer

Part of a cluster of 3 transactions by 3 insiders

Unscheduled trade

31% win rate · -35.1% median edge vs SPY (13 trades, 90-day · small sample)

Price 11% below 200-day moving average

Small Cap stock — insider trades carry more weight

ZBIOZenas BioPharma, Inc.

HealthcareBiotechnology

1D0.00%

1W+5.26%

1M+48.15%

3M—

6M—

1Y—

Recent insider activity at ZBIO