Patrick G. Enright bought $2.0M of ZBIO

bought $2.00m of ZBIO

105,265 shares @ $19.00

Increased holdings by +6.10%

11th largest trade (out of 64)

Large TradeCluster BuyPositive 90D History

Trade made by a director

Part of a cluster of 11 transactions by 9 insiders

Unscheduled trade

63% win rate · +5.6% median edge vs SPY (19 trades, 90-day · small sample)

Insider trade was 32% below market price

Price 137% above 200-day moving average

Small Cap stock — insider trades carry more weight

ZBIOZenas BioPharma, Inc.

HealthcareBiotechnology

1D0.00%

1W+0.05%

1M+53.82%

3M+32.26%

6M—

1Y—

Recent insider activity at ZBIO