As of September 29, 2026, the three largest insider holders of ZBAO are Xiao Luo (Chief Marketing Officer, 406.11K shares), Xiaowei Le (Chief Operating Officer, 300.00K shares), Guangtong Ren (Cfo And Chief Actuary, 230.00K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Xiao Luo | Chief Marketing Officer | 406,108 | 0 | 406,108 | 30.2% | 03 Aug, 2026 |
| 2 | Xiaowei Le | Chief Operating Officer | 300,000 | 0 | 300,000 | 22.3% | 03 Aug, 2026 |
| 3 | Guangtong Ren | Cfo And Chief Actuary | 230,000 | 0 | 230,000 | 17.1% | 03 Aug, 2026 |
| 4 | Yugang Wang | Chief Technical Officer | 204,601 | 0 | 204,601 | 15.2% | 03 Aug, 2026 |
| 5 | Yiyun Dai | Director | 96,903 | 0 | 96,903 | 7.2% | 03 Aug, 2026 |
| 6 | Jun William Ma | Director | 30,000 | 0 | 30,000 | 2.2% | 03 Aug, 2026 |
| 7 | Han Tang | Director | 30,000 | 0 | 30,000 | 2.2% | 03 Aug, 2026 |
| 8 | Armando Luis Baez | Other | 20,000 | 0 | 20,000 | 1.5% | 07 Jul, 2026 |
| 9 | Jeffery Rong Cai | Other | 12,500 | 0 | 12,500 | 0.9% | 07 Jul, 2026 |
| 10 | Stephen Bernardez | Other | 12,500 | 0 | 12,500 | 0.9% | 07 Jul, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 30 Jul, 2026 | Yugang Wang | Chief Technical Officer | Acquired A | 160,000 | $0.00 | $0 | 204,601 | Direct |
| 30 Jul, 2026 | Jun William Ma | Director | Acquired A | 30,000 | $0.00 | $0 | 30,000 | Direct |
| 30 Jul, 2026 | Xiaowei Le | Chief Operating Officer | Acquired A | 300,000 | $0.00 | $0 | 300,000 | Direct |
| 30 Jul, 2026 | Guangtong Ren | Cfo And Chief Actuary | Acquired A | 230,000 | $0.00 | $0 | 230,000 | Direct |
| 30 Jul, 2026 | Xiao Luo | Chief Marketing Officer | Acquired A | 250,000 | $0.00 | $0 | 406,108 | Direct |
| 30 Jul, 2026 | Yiyun Dai | Director | Acquired A | 30,000 | $0.00 | $0 | 96,903 | Direct |
| 30 Jul, 2026 | Han Tang | Director | Acquired A | 30,000 | $0.00 | $0 | 30,000 | Direct |
| 30 Jun, 2026 | Jeffery Rong Cai | Other | Acquired A | 12,500 | $0.00 | $0 | 12,500 | Direct |
| 30 Jun, 2026 | Stephen Bernardez | Other | Acquired A | 12,500 | $0.00 | $0 | 12,500 | Direct |
| 30 Jun, 2026 | Armando Luis Baez | Other | Acquired A | 20,000 | $0.00 | $0 | 20,000 | Direct |