Zenas BioPharma, Inc.

Zenas BioPharma, Inc.

ZBIO·NASDAQ

$17.13

+1.6%
HealthcareBiotechnology

Zenas BioPharma, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of transformative immunology-based therapies. Its lead product candidate is obexelimab, a bifunctional monoclonal antibody for various indications, including immunoglobulin G4-related disease, multiple sclerosis, systemic lupus erythematosus, and warm autoimmune hemolytic anemia. The company also develops ZB002, an anti-TNFa monoclonal antibody; ZB004, a cytotoxic T-lymphocyte-associated antigen 4-immunoglobulin fusion; ZB001, an anti-insulin-like growth factor-1 receptor monoclonal antibody; and ZB005, an anti-active complement component 1s monoclonal antibody. Zenas BioPharma, Inc. was formerly known as Zenas BioPharma (Cayman) Limited and changed its name to Zenas BioPharma, Inc. in August 2023. The company was incorporated in 2019 and is based in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$764.73M
EPS-8.4400
P/E Ratio-4.30
Earnings Date08/11/2026
-65.61%
Return on Invested Capital
25%
3Y-58.0%
5Y-58.0%
10Y-58.0%
-156.00%
Return on Equity
210%
3Y-351.0%
5Y-351.0%
10Y-351.0%
-98.46%
Return on Assets
132%
3Y-38.0%
5Y-38.0%
10Y-38.0%
Zenas BioPharma, Inc.

Zenas BioPharma, Inc. Management Team

ZBIO · NASDAQ
MJ

Ms. Jennifer A. Fox

Chief Business Officer & Chief Financial Officer

Compensation

$856,021

Born 1972(Age 54)
female
MO

Mr. Orlando Oliveira

Chief Commercial Officer

Compensation

$509,897

Born 1976(Age 50)
male
ML

Mr. Leon Oliver Moulder Jr., M.B.A.

Chief Executive Officer & Chairman of the Board

Compensation

$686,554

Born 1957(Age 69)
male
MC

Ms. Caroline Chevalier

Chief Human Resources Officer

female
MJ

Mr. Jeffrey Held

Chief Legal Officer

Born 1969(Age 57)
male
MJ

Mr. Joseph L. Farmer

Chief Operating Officer & President

Compensation

$757,454

Born 1972(Age 54)
male
DH

Dr. Haley Laken Ph.D.

Chief Scientific Officer

DL

Dr. Lisa von Moltke M.D.

Head of Research & Development and Chief Medical Officer

Born 1959(Age 67)
DT

Dr. Tanya Z. Fischer M.D., Ph.D.

Head of Research & Development and Chief Medical Officer.

Compensation

$332,542

zbio

Zenas BioPharma, Inc. Insider Positioning

ZBIO · NASDAQ

During the last 12 months, insiders have purchased $13.56M worth of ZBIO shares, with no selling activity reported.

3 Months

Bought

402.8K

7.67M

Sold

0

0.00

Net Activity

+7.7M

+$7.67M

3-6 Months

Bought

192.1K

3.49M

Sold

0

0.00

Net Activity

+3.5M

+$3.49M

6-9 Months

Bought

126.3K

2.40M

Sold

0

0.00

Net Activity

+2.4M

+$2.40M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
MLOJ

Moulder Leon O Jr

Director, Officer: Chief Executive Officer

331.0K shares9 transactions

$5.76M

2
FFML

Fairmount Funds Management Llc

Director

150.0K shares1 transactions

$3.00M

3
LH

Lu Hongbo

Director

104.8K shares3 transactions

$2.15M

4
NJR

Nunn Jason Raleigh

Director

63.2K shares1 transactions

$1.20M

5
SOCML

Sr One Capital Management, Llc

10 Percent Owner

63.2K shares1 transactions

$1.20M

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $13.56M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Recent Trend (3 Months)

$7.67M

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

5 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.

SEC Filings

ZBIO - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

March 16, 2026
May 11, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 28, 2025
June 10, 2025
2025
Showing 1 to 2 of 2 filings