Leon O. JR Moulder bought $365K of ZBIO

bought $364.60k of ZBIO

20,000 shares @ $18.23

Increased holdings by +1.20%

11th largest trade (out of 33)

Cluster Buy

Trade made by an officer

Part of a cluster of 7 transactions by 6 insiders

Unscheduled trade

36% win rate · -30.0% median edge vs SPY (14 trades, 90-day · small sample)

Price 21% below 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