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buyNotable cluster of 3

Leon O Moulder Jr bought $1.0M of ZBIO

Chief Executive Officer at Zenas BioPharma, Inc.. 54,000 shares at an average of $18.91, traded Mar 30, 2026, filed Mar 31, 2026.

Conviction score
78
Value
$1.0M
54,000 shares
Holdings after
1,726,039
+3% from before
From 52-week low
+169%
low $6.77, close $18.23
From 52-week high
-58%
high $43.17, as of Mar 30, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $1.0M at market
    +25
  • Relative to holdings
    Holdings up 3.2%
    0
  • Price context
    58% below the 52-week high
    +8
  • Cluster
    3 insiders buying within 14 days
    +15
  • Repeat buying
    3 buys in 90 days
    +5
  • Track record
    Too few past buys to judge (2 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -1.2%, 3m +29.8%, 6m +36.9%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ZBIOOct 12, 2026 · close 26.40
Since filing Mar 31, 2026: +35.0%SPY +20.3% · excess +14.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001104659-26-038031, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 30, 2026POpen-market purchase
Common Stockindirect: See Footnote
+20,000$18.23$365k1,692,039Mar 31, 2026
Mar 31, 2026POpen-market purchase
Common Stockindirect: See Footnote
+34,000$19.31$657k1,726,039Mar 31, 2026

Related signals

Other insiders at Zenas BioPharma, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
78Notable
ZBIObuy
Zenas BioPharma, Inc.
Leon O Moulder Jr
Chief Executive Officer
$1.0M
60,000 shares
+162%
63Notable
ZBIObuy
Zenas BioPharma, Inc.
Leon O Moulder Jr
Chief Executive Officer
$1.1M
60,000 shares
+3%
46Moderate
ZBIObuy 3
Zenas BioPharma, Inc.
Hongbo Lu
director
$70k
3,768 shares
+1%
66Notable
ZBIObuy 3
Zenas BioPharma, Inc.
Fairmount Funds Management LLC
director
$3.0M
150,000 shares
+7%
74Notable
ZBIObuy 3
Zenas BioPharma, Inc.
Hongbo Lu
director
$1.5M
75,000 shares
+22%
64Notable
ZBIObuy 3
Zenas BioPharma, Inc.
Patricia L Allen
director
$500k
19,860 shares
-
60Notable
ZBIObuy 3
Zenas BioPharma, Inc.
Hongbo Lu
director
$585k
25,985 shares
+8%
81Strong
ZBIObuy 3
Zenas BioPharma, Inc.
Leon O Moulder Jr
Chief Executive Officer
$1.0M
57,000 shares
+16%
64Notable
ZBIObuy
Zenas BioPharma, Inc.
Leon O Moulder Jr
Chief Executive Officer
$1.6M
100,000 shares
+38%
58Moderate
ZBIObuy 5
Zenas BioPharma, Inc.
Patrick G Enright
director
$2.3M
117,255 shares
+7%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.