[144] KANZHUN LIMITED SEC Filing

Rhea-AI Filing Summary

Kanzhun Limited (symbol: BZ) filed a Form 144 reporting a proposed sale of American Depositary Shares (ADS), each representing two Class A ordinary shares. The notice identifies 580,000 ADS offered for sale through Futu Securities International (Hong Kong) Limited with an aggregate market value of $12,365,600 and an approximate sale date of 08/22/2025. The filer acquired the underlying ordinary shares on 07/08/2021 as an employee equity incentive award, receiving 1,160,000 ordinary shares on that date; payment was recorded as services rendered. The filing reports no securities sold in the past three months by the filer and includes the standard attestation that the filer is not aware of undisclosed material adverse information about the issuer.

Positive

• Full Rule 144 disclosure provided with broker, share amount, aggregate market value, and sale date
• Underlying shares were acquired via employee equity incentive award, showing compensation-originated holdings
• No securities sold in the past three months by the filer (as reported)

Negative

• Planned sale size is substantial: 580,000 ADS with an aggregate market value of $12,365,600
• No 10b5-1 trading plan date disclosed in the form, so timing/intent beyond the stated sale date is not specified

Insights

Securities Analyst

TL;DR: Employee equity holder plans a significant ADS sale worth $12.37M on 08/22/2025; transaction disclosed per Rule 144.

The filing clearly documents a Rule 144 notice for 580,000 ADS (each ADS = 2 Class A ordinary shares) to be sold via Futu Securities Hong Kong with an aggregate market value of $12,365,600. The securities were acquired as an employee equity incentive award on 07/08/2021 (1,160,000 ordinary shares issued), indicating the shares originate from compensation. The filing states no prior sales in the past three months and includes the required representations about material non-public information. For investors, this is a transparency filing noting an insider-related liquidity event rather than an operational disclosure.

Corporate Governance Expert

TL;DR: Governance disclosure is complete for a planned insider sale; no allegations or undisclosed issues are reported.

The Form 144 supplies the necessary broker, share amount, acquisition date, and nature of acquisition (employee equity incentive award). The filer signed the attestation regarding lack of undisclosed material adverse information. No trading plan adoption date or Rule 10b5-1 instruction is provided in the filing. The document is procedural and compliant in form, serving to notify the market of a planned sale rather than to convey governance changes or material company events.

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

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

144: 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	Futu Securities International (Hong Kong) Limited 34/F, United Centre, No. 95 Queensway, Admiralty K3 00000	580000	12365600.00	951183832	08/22/2025	Nasdaq

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: 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	07/08/2021	Employee equity incentive award	Issuer			1160000	07/08/2021	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: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Kanzhun Limited (BZ) report on Form 144?

The filer reported a proposed sale of 580,000 ADS (each ADS = two Class A ordinary shares) with an aggregate market value of $12,365,600 and an approximate sale date of 08/22/2025.

Who is acting as broker for the proposed sale in the Form 144 for BZ?

The broker listed is Futu Securities International (Hong Kong) Limited located at 34/F, United Centre, No. 95 Queensway, Admiralty.

When and how were the securities being sold originally acquired?

The underlying ordinary shares were acquired on 07/08/2021 as an employee equity incentive award; the reported amount issued then was 1,160,000 ordinary shares.

Does the filing report any securities sold by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Does the Form 144 indicate undisclosed material information about Kanzhun (BZ)?

The filer attests by signature that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.