ZHOU LING

PrivateCIK: 2112499

Location

SAN DIEGO, CA

ZHOU LING enters ADAGENE INC. with 12.34K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

ZHOU LING

Filed: 3/18/2026ACC: 0001104659-26-030003

InsiderZHOU LINGCIK 2112499

→

IssuerADAGENE INC.CIK 1818838

Officer· ED of Human Resources

Since Mar 2026

12.34K

Baseline shares

100% direct

12.34K

Direct ownership

2 positions

190.59K

Derivative underlying

9 instruments

2

Security positions

All direct

Non-Derivative Holdings2

Restricted Stock Unit

Direct

Shares owned9.38K

Ordinary Shares

Direct

Shares owned2.97K

Total

12.34K direct12.34K

Security Title	Shares Owned	Ownership Type
Restricted Stock Unit	9.38K	Direct
Ordinary Shares	2.97K	Direct
Total	12.34K	12.34K direct

Derivative Holdings9

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

35K

Shares owned

N/A

Exercise price

1.408

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

1.25K

Shares owned

N/A

Exercise price

5.60

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

26.22K

Shares owned

N/A

Exercise price

1.73

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

3.13K

Shares owned

N/A

Exercise price

1.83

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

20K

Shares owned

N/A

Exercise price

1.33

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

35K

Shares owned

N/A

Exercise price

2.032

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

25K

Shares owned

N/A

Exercise price

1.55

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

20K

Shares owned

N/A

Exercise price

1.04

Expiration

—

Exercise window

—

Nonqualified Stock Option (Right to Buy)

Direct

Underlying security

Ordinary Shares

Underlying shares

25K

Shares owned

N/A

Exercise price

1.48

Expiration

—

Exercise window

—

Total

Underlying

190.59K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.408	—	—	35K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	5.60	—	—	1.25K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.73	—	—	26.22K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.83	—	—	3.13K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.33	—	—	20K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	2.032	—	—	35K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.55	—	—	25K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.04	—	—	20K	N/A
Nonqualified Stock Option (Right to Buy) Direct	Ordinary Shares	1.48	—	—	25K	N/A
Total					190.59K	0.00

ZHOU LING — Initial Ownership Disclosure (Form 3) Filed Mar 18, 2026 | Finecho