Kanzhun director to sell $465K in ADSs

Director Mu Yang filed a Rule 144 notice to sell 31,000 ADSs mainly to cover taxes on newly vested RSUs.

Rhea-AI Filing Summary

Kanzhun Ltd (BZ) received a notice from director Mu Yang of a proposed sale of 31,000 American Depositary Shares (each representing two Class A ordinary shares) under Rule 144, with an aggregate market value of $465,310 as of September 16, 2026. The ADSs relate to 62,000 Class A ordinary shares to be acquired on September 17, 2026 upon the vesting of RSUs, and the sale is described as meeting a cashless settlement of tax payable for these newly vested RSUs. As of August 31, 2026, Kanzhun had 943,762,002 ordinary shares outstanding on an as-converted basis, including 820,419,281 Class A and 123,342,721 Class B ordinary shares.

Key Figures

ADSs to be sold: 31,000 American Depositary Shares Aggregate market value: $465,310 Related Class A ordinary shares: 62,000 Class A ordinary shares +4 more

7 metrics

ADSs to be sold 31,000 American Depositary Shares Proposed sale by director Mu Yang under Rule 144

Aggregate market value $465,310 Value of ADSs to be sold as of September 16, 2026

Related Class A ordinary shares 62,000 Class A ordinary shares To be acquired on September 17, 2026 upon vesting of RSUs

Ordinary shares outstanding (as-converted) 943,762,002 shares Ordinary shares outstanding as of August 31, 2026

Class A ordinary shares outstanding 820,419,281 shares Part of total ordinary shares outstanding as of August 31, 2026

Class B ordinary shares outstanding 123,342,721 shares Part of total ordinary shares outstanding as of August 31, 2026

ADS reserve for future awards 23,891,502 Class A ordinary shares Issued to the depositary for bulk-issuance of ADSs reserved for share incentive plans

Key Terms

Rule 144, American Depositary Shares, Class A Ordinary Shares, Class B Ordinary Shares, +2 more

6 terms

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

"including 820,419,281 Class A Ordinary Shares"

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.

Class B Ordinary Shares financial

"and 123,342,721 Class B Ordinary Shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

cashless settlement financial

"The sale is to meet cashless settlement of the tax payable"

RSUs financial

"Securities to be sold will be acquired on 09/17/2026 upon the vesting of RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

FAQ

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

What does Kanzhun Ltd (BZ) director Mu Yang intend to sell under this Form 144?

Director Mu Yang filed a notice to sell 31,000 American Depositary Shares of Kanzhun Ltd, with each ADS representing two Class A ordinary shares. The related aggregate market value is $465,310 based on the market price as of September 16, 2026.

What is the purpose of Mu Yang’s planned ADS sale in Kanzhun Ltd (BZ)?

The filing states that the securities to be sold will be acquired on September 17, 2026 upon the vesting of RSUs, and that the sale is to meet cashless settlement of the tax payable for these newly vested RSUs as part of an employee equity incentive award.

How many underlying Class A ordinary shares are associated with the ADS sale for Kanzhun Ltd (BZ)?

The notice links the ADS sale to 62,000 Class A ordinary shares to be acquired on September 17, 2026 upon vesting of RSUs. Each American Depositary Share represents two Class A ordinary shares of Kanzhun Ltd.

What are Kanzhun Ltd’s total ordinary shares outstanding referenced in this Form 144?

As of August 31, 2026, Kanzhun Ltd had 943,762,002 ordinary shares outstanding on an as-converted basis, including 820,419,281 Class A ordinary shares and 123,342,721 Class B ordinary shares, according to figures referenced from a Form 6-K.

Who is the broker for Mu Yang’s planned ADS sale in Kanzhun Ltd (BZ)?

The broker listed for the proposed sale is Futu Securities International (Hong Kong) Limited, located at United Centre, Queensway, Admiralty in Hong Kong. The ADSs are identified as being listed on Nasdaq in the notice.

When was the notice of proposed sale for Kanzhun Ltd (BZ) ADSs dated?

The Date of Notice in the filing is September 17, 2026. The filing also notes that the aggregate market value used for the calculation is as of September 16, 2026.

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

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Available on EDGAR 09/17/2026 - 08:01 AM Accepted by SEC EDGAR 09/17/2026 - 08:00 AM 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

144: Filer Information

Filer CIK	0002116220
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: 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	86-10-5904-5666
Name of Person for Whose Account the Securities are To Be Sold	MU Yang
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	Director

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	31000	465310.00	943762002	09/17/2026	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 *
Class A Ordinary Shares	09/17/2026	Employee equity incentive award	Issuer			62000	09/17/2026	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	[1] As of 08/31/2026, Issuer has 943,762,002 ordinary shares outstanding on an as-converted basis, including 820,419,281 Class A Ordinary Shares, and 123,342,721 Class B Ordinary Shares (excluding the 23,891,502 Class A Ordinary Shares issued to the depositary for bulk-issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the Issuer's Share Incentive Plans), as reported in the Form 6-K filed by Issuer on 09/04/2026. Each ADS represents 2 Class A Ordinary Shares of the Issuer. [2] Securities to be sold will be acquired on 09/17/2026 upon the vesting of RSUs. The sale is to meet cashless settlement of the tax payable for the newly vested RSUs. [3] Aggregate Market Value is as of 09/16/2026.
Date of Notice	09/17/2026
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/ MU Yang
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)