Fairmount Healthcare Fund II L.p. bought $6.0M of ZBIO

bought $6.01m of ZBIO

316,219 shares @ $19.00

Increased holdings by +16.70%

16th largest trade (out of 57)

Large TradeCluster Buy

Trade made by a director

Part of a cluster of 12 transactions by 9 insiders

Unscheduled trade

40% win rate · -26.3% median edge vs SPY (5 trades, 90-day · small sample)

Price 81% above 200-day moving average

Small Cap stock — insider trades carry more weight

ZBIOZenas BioPharma, Inc.

HealthcareBiotechnology

1D0.00%

1W+5.26%

1M+55.87%

3M+22.33%

6M—

1Y—

Recent insider activity at ZBIO