Kanzhun holder plans sale of up to 1.99M ADSs

Techwolf Limited discloses past and planned sales of Kanzhun Ltd ADSs and Class A shares under an amended Form 144, covering up to 1.99 million ADSs.

Rhea-AI Filing Summary

Kanzhun Ltd (BZ) has an amended Form 144 filing covering planned sales of shares by shareholder Techwolf Limited. The notice relates to up to 1,990,000 American Depositary Shares (ADSs), each representing two Class A ordinary shares, originally received as 3,980,000 founder ordinary shares for services on May 20, 2014.

Of these, 192,000 ADSs and 179,800 ADSs were already sold in September 2026 through UBS entities. The remaining 3,236,400 Class A ordinary shares (underlying 1,618,200 ADSs) are to be sold through Goldman Sachs (Asia) L.L.C. on the Hong Kong Stock Exchange. Kanzhun reports 943,762,002 ordinary shares outstanding as of August 31, 2026.

Key Figures

Total ADSs covered by notice: 1,990,000 ADSs ADSs sold through UBS Financial Services Inc.: 192,000 ADSs ADSs sold through UBS Securities LLC: 179,800 ADSs +5 more

8 metrics

Total ADSs covered by notice 1,990,000 ADSs ADSs referenced as covered by the Form 144 filed on September 10, 2026

ADSs sold through UBS Financial Services Inc. 192,000 ADSs American Depositary Shares sold on September 10, 2026

ADSs sold through UBS Securities LLC 179,800 ADSs American Depositary Shares sold on September 11, 2026

Class A ordinary shares to be sold via Goldman Sachs (Asia) L.L.C. 3,236,400 shares Underlying 1,618,200 ADSs to be sold on HKEX

Aggregate market value via UBS Financial Services Inc. $3,085,440.00 Market value for 192,000 ADSs as listed in the securities information table

Aggregate market value via UBS Securities LLC $2,889,386.00 Market value for 179,800 ADSs as listed in the securities information table

Aggregate market value via Goldman Sachs (Asia) L.L.C. $23,949,360.00 Market value for 3,236,400 Class A ordinary shares in the securities information table

Ordinary shares outstanding 943,762,002 shares Ordinary shares outstanding as of August 31, 2026, across Class A and Class B

Key Terms

Form 144, Rule 144, American Depositary Shares, Class A Ordinary Shares, +1 more

5 terms

Form 144 regulatory

"Of the 1,990,000 ADSs covered by the filed on 09/10/2026"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

American Depositary Shares financial

"American Depositary Shares, each representing two Class A Ordinary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Class A Ordinary Shares financial

"Class A Ordinary Shares | Goldman Sachs (Asia) L.L.C."

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Aggregate Market Value financial

"[2] Aggregate Market Value is as of 09/09/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Kanzhun Ltd (BZ) disclose in this amended Form 144/A?

The filing shows Techwolf Limited’s amended notice to sell Kanzhun ADSs and Class A ordinary shares under Rule 144, covering up to 1,990,000 ADSs originally received as founder shares, and records both past ADS sales and remaining shares to be sold through Goldman Sachs (Asia) L.L.C.

How many Kanzhun (BZ) ADSs has Techwolf Limited already sold?

Techwolf Limited has sold 192,000 ADSs on September 10, 2026 and 179,800 ADSs on September 11, 2026, totaling 371,800 ADSs. These sales were executed through UBS Financial Services Inc. and UBS Securities LLC and are reported in the three‑month sales section.

How many Kanzhun (BZ) shares remain to be sold under this Form 144/A?

The remarks state that the remaining 1,618,200 ADSs, representing 3,236,400 Class A ordinary shares, are to be sold through Goldman Sachs (Asia) L.L.C. on The Stock Exchange of Hong Kong Limited, following earlier sales executed through UBS entities.

What is Kanzhun (BZ)’s total ordinary share count cited in the filing?

As of August 31, 2026, Kanzhun reports 943,762,002 ordinary shares outstanding, consisting of 820,419,281 Class A shares and 123,342,721 Class B shares, excluding 23,891,502 Class A shares issued to the depositary for bulk ADS issuance under share incentive plans.

On what basis did Techwolf Limited acquire its Kanzhun (BZ) shares?

Techwolf Limited’s 3,980,000 ordinary shares were acquired as founder shares from the issuer on May 20, 2014 as compensation for services rendered, according to the securities-to-be-sold section of the notice.

What reason is given for Techwolf Limited’s sale of Kanzhun (BZ) securities?

The remarks state that the sale is for the Seller's own funding needs, describing Techwolf Limited’s purpose for selling its Kanzhun ADSs and Class A ordinary shares under this Form 144 notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 04:31 PM Accepted by SEC EDGAR 09/21/2026 - 04:30 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK	0001982580
Filer CCC	XXXXXXXX
Previous Accession Number Of The Filing	0001104659-26-106700
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer	Kanzhun Ltd
SEC File Number	001-40460
Address of Issuer	PO Box 309, Ugland House Grand Cayman CAYMAN ISLANDS KY1-1104
Phone	86-10-8462-8340
Name of Person for Whose Account the Securities are To Be Sold	Techwolf Limited
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer
Relationship to Issuer	Director
Relationship to Issuer	10% Stockholder

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing two Class A Ordinary Shares	UBS Financial Services Inc. 555 California Street Suite 3300-A San Francisco CA 94104	192000	3085440.00	943762002	09/10/2026	Nasdaq
American Depositary Shares, each representing two Class A Ordinary Shares	UBS Securities LLC 1285 Avenue of the Americas New York NY 10019	179800	2889386.00	943762002	09/10/2026	Nasdaq
Class A Ordinary Shares	Goldman Sachs (Asia) L.L.C. 68/F, Cheung Kong Center 2 Queen's Road Central Hong Kong K3 00000	3236400	23949360.00	943762002	09/21/2026	HKEX

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	05/20/2014	Founder shares	Issuer			3980000	05/20/2014	Services rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Techwolf Limited Start Chambers, Wickham's Cay II P.O. Box 2221 Roadtown Tortola D8 VG1110	American Depositary Shares, each representing two Class A Ordinary Shares	09/10/2026	192000	3140505.60
Techwolf Limited Start Chambers, Wickham's Cay II P.O. Box 2221 Roadtown Tortola D8 VG1110	American Depositary Shares, each representing two Class A Ordinary Shares	09/11/2026	179800	2977703.76

144/A: Remarks and Signature

Remarks	[1] As of 08/31/2026, Issuer has 943,762,002 ordinary shares outstanding (820,419,281 Class A and 123,342,721 Class B, excluding 23,891,502 Class A shares issued to the depositary for bulk-issuance of ADSs reserved under the Issuer's Share Incentive Plans), per the Form 6-K filed on 09/04/2026. Each Class B share converts into one Class A share upon transfer. Each ADS represents 2 Class A shares. [2] Aggregate Market Value is as of 09/09/2026 (UBS rows) and 09/18/2026 (Goldman Sachs row). [3] The sale is for the Seller's own funding needs. [4] Correction filed to reflect a change of broker. Of the 1,990,000 ADSs covered by the Form 144 filed on 09/10/2026, 192,000 ADSs (through UBS Financial Services Inc.) and 179,800 ADSs (through UBS Securities LLC) were sold under that Form 144. The 3,236,400 Class A Ordinary Shares underlying the remaining 1,618,200 ADSs are to be sold through Goldman Sachs (Asia) L.L.C. on The Stock Exchange of Hong Kong Limited.
Date of Notice	09/21/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ ZHAO Peng
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)