ZENAS BIOPHARMA INC

Ticker: ZBIO CUSIP: 98937L105 Class: Common Stock

US BANCORP \DE\'s Holding History (CIK: 0000036104)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 884 Value ($000) $32 Avg Close $32.89 Range $18.33 - $44.60

Q3 2025

Shares 953 Value ($000) $21 Avg Close $16.28 Range $8.91 - $22.45

Q2 2025

Shares 1,061 Value ($000) $10 Avg Close $9.74 Range $6.11 - $12.56

Q1 2025

Shares 273 Value ($000) $2 Avg Close $7.83 Range $5.83 - $10.95

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	884	$32	$32.89	$18.33 - $44.60
Q3 2025	953	$21	$16.28	$8.91 - $22.45
Q2 2025	1,061	$10	$9.74	$6.11 - $12.56
Q1 2025	273	$2	$7.83	$5.83 - $10.95