STOCK TITAN

BZ (ADS) holder files to sell 58 ADS; each ADS = 2 Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

BZ reported a proposed sale of American Depositary Shares (ADS), each representing two Class A ordinary shares, via a Form 144 notice dated 06/15/2026. The filing lists an intended sale quantity of 58 ADS tied to a holder identified as WANG Xiehua, and shows other issuer-related equity entries including 37,000 and 74,000.

Positive

  • None.

Negative

  • None.
Proposed ADS sale 58 ADS holder entry dated 03/20/2026 / Form 144 notice 06/15/2026
ADS ratio 1 ADS = 2 Class A Ordinary Shares security description in the filing
Issuer entry 37,000 listed on the securities lines with date 06/15/2026
Employee equity entry 74,000 line labeled 'Employee equity incentive award' dated 06/15/2026
Monetary figure shown 506900.00 numeric field in the securities information block
Listed small value 777.49 appears beside the holder transaction row
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.
Form 144 regulatory
"CONTENT METADATA: "form_type": "144""
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.
Employee equity incentive award compensation
"Class A Ordinary Shares ... Employee equity incentive award"
Services rendered other
"74000 | 06/15/2026 | Services rendered"
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does BZ's Form 144 disclose about the planned sale?

The filing discloses a proposed sale of 58 American Depositary Shares by a named holder. The notice is dated 06/15/2026 and identifies the security as ADS representing two Class A ordinary shares.

Who is the selling holder named in the BZ filing?

The filing names WANG Xiehua with an address in Beijing as the holder associated with the proposed sale. The Form 144 entry ties this individual to the noted 58 ADS transaction on 03/20/2026.

Are the ADS convertible to ordinary shares and what is the ratio?

Yes. The document states each listed American Depositary Share represents two Class A Ordinary Shares. That ratio is provided directly in the securities description on the notice.

Does the filing show how the ADS were acquired or issued?

The excerpt includes an entry labeled Employee equity incentive award and lists 74,000 with a 06/15/2026, indicating some ADS/ordinary-share activity tied to compensation or services rendered in the issuer context.

What dates appear in the Form 144 excerpt for BZ?

The excerpt contains multiple dates: the Form 144 notice date 06/15/2026, a holder transaction date 03/20/2026, and issuer-related entries also dated 06/15/2026. Each date is shown alongside its related line item.