Zai Lab Ltd Issues Restricted Share Units to Employees

Zai Lab Ltd (HK:9688) has released an update.

Zai Lab Ltd has granted 600 Restricted Share Units (RSUs) to three employees under its 2024 Equity Incentive Plan, with the aim of recognizing and rewarding their contributions to the company. The RSUs, which have no performance targets or clawback mechanisms, will vest over four years, aligning with Zai Lab’s strategy to incentivize long-term growth and success. The closing price of the shares on the grant date was $29.2 per ADS on NASDAQ.

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