MOULDER LEON O JR bought $657K of ZBIO

bought $656.54k of ZBIO

34,000 shares @ $19.31

Increased holdings by +2.00%

6th largest trade (out of 33)

Cluster Buy

Trade made by an officer

Part of a cluster of 7 transactions by 6 insiders

Unscheduled trade

40% win rate · -24.8% median edge vs SPY (15 trades, 90-day · small sample)

Price 15% 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