Computed from SEC EDGAR filings and closing prices — not copied from any wealth ranking. Dataset . How we calculate this.

Market capitalisation
$2.03B
65,176,723 shares Covers every share class this company has on file.
Insiders on file
4
people who have filed Form 3, 4 or 5 naming this issuer
Value of insider-held stock
$208.29M
from the holdings reported on Forms 3/4/5; this figure has no separate as-of date on file
Insider-held share of market cap
10.27%
insider-held value divided by market capitalisation

What Zenas BioPharma, Inc. reports

Revenue and net income below are for fiscal period FY2025, the period label carried by this company’s own annual XBRL filings to the SEC. Fiscal years do not line up between companies — one company’s FY2026 can cover much the same months as another’s FY2025 — so compare the periods, not just the numbers.

Revenue
$10.00M
FY2025 annual revenue, from this company’s own annual XBRL filings to the SEC
Net income
-$377.74M
FY2025 a loss for the period, from this company’s own annual XBRL filings to the SEC
Employees
167
Yahoo Finance
Where the employee count comes from

Headcount comes from Yahoo Finance, not from a filing. The date beside it is the day we retrieved the figure — it is not the date the company counted its staff, and Yahoo does not publish that date. Unlike the SEC filings behind the other figures on this page, this one carries no open licence, so we publish the number and nothing else from that source.

Insiders at Zenas BioPharma, Inc.

Shares is what each person last reported holding here.

Everyone below has filed at least one insider report against this company.

Value is that share count priced at the same closing price used everywhere else on this site. A row priced from only some of a person’s securities says so — we do not quietly present a partial sum as a complete one.

Rows are grouped by the role each person reports.

The role comes from the relationship boxes a person ticks on their own insider filings — officer, director, ten per cent owner — not from anything we infer. Somebody who is both an officer and a director appears once, in the combined group, so the row count still matches the figure at the top of this page. Where no filing states a role we say so instead of guessing one.

People who file insider reports against Zenas BioPharma, Inc..
Insider Reported role Shares Value Last action
Officers who also sit on the board 1
Leon O. Moulder Jr. CEO 2,149,194 $70.67M P Open-market purchase May 18, 2026 position reported
Directors 3
Simeon George Board Member 1,917,895 $63.06M P Open-market purchase Oct 9, 2025 position reported
Patrick G. Enright Board Member 1,844,659 $60.65M P Open-market purchase Oct 9, 2025 position reported
Hongbo Lu Board Member 422,968 $13.91M P Open-market purchase Mar 31, 2026 position reported

Events from filings

Detected automatically in the filings linked below. Each headline is built from the numbers in those filings, not written by a model. Newest first; events older than 45 days stay listed and are marked as older.

Zenas BioPharma, Inc. (ZBIO) filed a Form 8-K under Item 5.02 (directors and officers) on Aug 13, 2026

Director or officer change filing

The company filed a current report that includes Item 5.02, the item used to report departures, elections or appointments of directors and certain officers, and related pay arrangements. We record only that this filing exists: we have not extracted who left, who joined or whose role changed. Open the filing to read it.

Form 8-K filed Aug 13, 2026, items 2.02, 5.02, 9.01. SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

3 insiders bought Zenas BioPharma, Inc. (ZBIO) shares worth $6,658,538 between Mar 30, 2026 and Apr 29, 2026

Cluster buying

3 different insiders made 7 open-market purchases of this company’s shares within a short window. Each row below is one reported trade.

3 insiders bought Zenas BioPharma, Inc. (ZBIO) shares worth $6,658,538 between Mar 30, 2026 and Apr 29, 2026
Date Insider Transaction Shares Price Value Filing
Mar 30, 2026 Leon O. Moulder Jr. P Open-market purchase 20,000 held after: 1,692,039 $18.23 $364,600 SEC filing ↗
Mar 31, 2026 Leon O. Moulder Jr. P Open-market purchase 34,000 held after: 1,726,039 $19.31 $656,540 SEC filing ↗
Mar 31, 2026 Hongbo Lu P Open-market purchase 75,000 held after: 422,968 $20.00 $1,500,000 SEC filing ↗
Mar 31, 2026 Tomas Kiselak P Open-market purchase 150,000 held after: 2,359,025 $20.00 $3,000,000 SEC filing ↗
Mar 31, 2026 Hongbo Lu P Open-market purchase 3,768 held after: 426,736 $18.63 $70,198 SEC filing ↗
Apr 28, 2026 Leon O. Moulder Jr. P Open-market purchase 25,000 held after: 1,751,039 $18.02 $450,500 SEC filing ↗
Apr 29, 2026 Leon O. Moulder Jr. P Open-market purchase 35,000 held after: 1,786,039 $17.62 $616,700 SEC filing ↗

Total of the rows above: $6,658,538, in the currency the filings report.

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Hongbo Lu bought 25,985 Zenas BioPharma, Inc. (ZBIO) shares for $584,663 on Feb 11, 2026

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Hongbo Lu bought 25,985 Zenas BioPharma, Inc. (ZBIO) shares for $584,663 on Feb 11, 2026
Date Insider Transaction Shares Price Value Filing
Feb 11, 2026 Hongbo Lu P Open-market purchase 25,985 held after: 347,968 $22.50 $584,663 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Hongbo Lu bought 263,160 Zenas BioPharma, Inc. (ZBIO) shares for $5,000,040 on Oct 7, 2025

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Hongbo Lu bought 263,160 Zenas BioPharma, Inc. (ZBIO) shares for $5,000,040 on Oct 7, 2025
Date Insider Transaction Shares Price Value Filing
Oct 7, 2025 Hongbo Lu P Open-market purchase 263,160 held after: 321,983 $19.00 $5,000,040 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Hongbo Lu bought 58,823 Zenas BioPharma, Inc. (ZBIO) shares for $999,991 on Sep 13, 2024

Large trade for this person

Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.

Hongbo Lu bought 58,823 Zenas BioPharma, Inc. (ZBIO) shares for $999,991 on Sep 13, 2024
Date Insider Transaction Shares Price Value Filing
Sep 13, 2024 Hongbo Lu P Open-market purchase 58,823 held after: 58,823 $17.00 $999,991 SEC filing ↗

Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.

Recent insider transactions

Of the 43 rows we hold, 33 are open-market purchases (P) and 0 open-market sales — the only codes we count as buying or selling.

The rest — awards, shares withheld to pay tax, option exercises, gifts and so on — follow from an employment contract or a transfer arranged off-market, not from a decision to buy or sell, so counting them would turn this into a pay table.

A price of 0.00 is a real reported figure on gifts (G) and share awards (A) — not a gap in our data.

Insider transactions disclosed to the SEC for Zenas BioPharma, Inc., newest first, each with the filing behind it.
Date Insider Transaction Shares Price Value Filing
May 18, 2026 Leon O. Moulder Jr. P Open-market purchase 60,000 $16.88 $1.01M SEC filing ↗
Apr 29, 2026 Leon O. Moulder Jr. P Open-market purchase 35,000 $17.62 $616.7K SEC filing ↗
Apr 28, 2026 Leon O. Moulder Jr. P Open-market purchase 25,000 $18.02 $450.5K SEC filing ↗
Mar 31, 2026 Hongbo Lu P Open-market purchase 3,768 $18.63 $70.2K SEC filing ↗
Mar 31, 2026 Tomas Kiselak P Open-market purchase 150,000 $20.00 $3.00M SEC filing ↗
Mar 31, 2026 Hongbo Lu P Open-market purchase 75,000 $20.00 $1.50M SEC filing ↗
Mar 31, 2026 Leon O. Moulder Jr. P Open-market purchase 34,000 $19.31 $656.5K SEC filing ↗
Mar 30, 2026 Leon O. Moulder Jr. P Open-market purchase 20,000 $18.23 $364.6K SEC filing ↗
Feb 11, 2026 Hongbo Lu P Open-market purchase 25,985 $22.50 $584.7K SEC filing ↗
Feb 2, 2026 Leon O. Moulder Jr. P Open-market purchase 57,000 $17.96 $1.02M SEC filing ↗
Jan 9, 2026 Leon O. Moulder Jr. P Open-market purchase 20,000 $16.55 $331.0K SEC filing ↗
Jan 8, 2026 Leon O. Moulder Jr. P Open-market purchase 30,000 $16.30 $489.0K SEC filing ↗
Jan 7, 2026 Leon O. Moulder Jr. P Open-market purchase 50,000 $16.38 $819.0K SEC filing ↗
Oct 9, 2025 Simeon George P Open-market purchase 63,158 $19.00 $1.20M SEC filing ↗
Oct 9, 2025 Simeon George P Open-market purchase 63,157 $19.00 $1.20M SEC filing ↗
Oct 9, 2025 Patrick G. Enright P Open-market purchase 11,990 $20.85 $250.0K SEC filing ↗
Oct 9, 2025 Patrick G. Enright P Open-market purchase 105,265 $19.00 $2.00M SEC filing ↗
Oct 7, 2025 Hongbo Lu P Open-market purchase 263,160 $19.00 $5.00M SEC filing ↗
Oct 7, 2025 Leon O. Moulder Jr. P Open-market purchase 36,928 $20.85 $769.9K SEC filing ↗
Feb 18, 2025 Leon O. Moulder Jr. P Open-market purchase 25,000 $6.67 $166.8K SEC filing ↗
Dec 4, 2024 Leon O. Moulder Jr. P Open-market purchase 45,000 $9.98 $449.1K SEC filing ↗
Dec 3, 2024 Leon O. Moulder Jr. P Open-market purchase 25,000 $10.76 $269.0K SEC filing ↗
Nov 19, 2024 Leon O. Moulder Jr. P Open-market purchase 2,500 $14.57 $36.4K SEC filing ↗
Nov 18, 2024 Leon O. Moulder Jr. P Open-market purchase 7,500 $15.00 $112.5K SEC filing ↗
Sep 20, 2024 Leon O. Moulder Jr. P Open-market purchase 2,367 $17.88 $42.3K SEC filing ↗

From SEC Form 4 filings. Every row links to the filing it came from. How we calculate this.

What a Form 4 is

The report an officer, director or large shareholder must file after trading their own company’s stock.

Corporate ownership links — 7 filers hold a position

Who owns Zenas BioPharma, Inc.

Each row is one filer naming this company.

Funds, trusts and other companies file the same ownership forms that executives do. Everything below is taken from those filings, with the position exactly as the filing states it.

Do not add these figures together. 5 of the positions below were reported on filings shared by several filers at once.

Why the same shares appear twice

On a joint filing every named filer is listed against the whole position, so the same block of stock appears under each name. Those rows are marked joint.

Filers holding a position in Zenas BioPharma, Inc.

Funds, trusts and companies that disclose an ownership position in Zenas BioPharma, Inc..
Owner Reported role Shares Filed
SR ONE CAPITAL MANAGEMENT, LLC TenPercentOwner 5,037,854 joint
InnoCare Pharma Inc. TenPercentOwner 5,000,000
Enavate Sciences GP, LLC TenPercentOwner 3,761,359 joint
Zebra Aggregator, LP TenPercentOwner 3,761,359 joint
Fairmount Funds Management LLC Director,TenPercentOwner 2,209,025 joint
Fairmount Healthcare Fund II L.P. Director,TenPercentOwner 2,209,025 joint
Wellington Biomedical Innovation Master Investors (Cayman) I L.P. TenPercentOwner 801,624

See the full ownership map — every entity that files as an owner of a US public company.

Think a number here is wrong? Open the linked filing and compare — how to report it.

Sources and technical notes

Every figure on this page comes from filings to the U.S. SEC via EDGAR. Nothing here is estimated, and nothing is taken from press coverage or company websites.

Share count: cover page of the latest filing (dei:EntityCommonStockSharesOutstanding), taken from Zenas BioPharma, Inc.’s own filings and multiplied by our closing price. Full method.

What that share count means

the share count the company itself prints on the cover of its most recent filing, as of the date it signed that filing.

We do not take a market cap from a data vendor, and we do not estimate one: the figure is a share count from Zenas BioPharma, Inc.’s own SEC filings multiplied by the closing price we hold for the same stock.