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Kanzhun (NASDAQ: BZ) adds shares for post-IPO award scheme participants

Filing Impact
(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

KANZHUN LIMITED reports that the trustee of its Post-IPO Share Scheme purchased 410,642 Class A ordinary shares, equivalent to 205,321 American Depository Shares, on February 17 and 18, 2026. These shares were bought on the open market using the company’s internal resources and are held on trust for Eligible Participants under the scheme.

The purchased shares represent approximately 0.04% of the company’s issued and outstanding shares as of February 18, 2026, at an average consideration of US$8.70 per share, excluding expenses. After these transactions, the trustee held 37,304,540 Class A ordinary shares for future awards under the scheme.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of February 2026

 

 

 

Commission File Number: 001-40460

 

 

 

KANZHUN LIMITED

 

21/F, GrandyVic Building,

Taiyanggong Middle Road

Chaoyang District, Beijing 100020

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F xForm 40-F ¨

 

 

 

 

 

Exhibit Index

 

Exhibit No.   Description
99.1   Announcement—Purchase of Shares on Market Pursuant to Post-IPO Share Scheme

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  KANZHUN LIMITED
       
  By : /s/ Peng Zhao
  Name : Peng Zhao
  Title : Director and Chief Executive Officer

 

Date: February 20, 2026

 

 

 

 

Exhibit 99.1

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

 

 

KANZHUN LIMITED

看準科技有限公司

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(Stock Code: 2076)

(Nasdaq Stock Ticker: BZ)

 

VOLUNTARY ANNOUNCEMENT

PURCHASE OF SHARES ON MARKET

PURSUANT TO POST-IPO SHARE SCHEME

 

Reference is made to the Post-IPO Share Scheme (the “Scheme”) of KANZHUN LIMITED (the “Company”) conditionally approved and adopted on December 14, 2022, which took effect upon the listing of the class A ordinary shares of the Company (the “Class A Ordinary Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited on December 22, 2022. The trustee of the Scheme (the “Trustee”) had purchased a total of 410,642 Class A Ordinary Shares (in the form of 205,321 American Depository Shares) from the open market to hold on trust for the Eligible Participants (as defined in the Scheme) on February 17 and 18, 2026, pursuant to the terms and conditions of the Scheme, funded by the Company’s internal resources. Details of the Class A Ordinary Shares purchased and held by the Trustee on trust are as follows:

 

Dates of purchases:   February 17 and 18, 2026
     
Total number of Class A Ordinary Shares purchased:   410,642
     
Percentage of the Class A Ordinary Shares purchased to the total number of issued and outstanding shares of the Company as at February 18, 2026:   Approximately 0.04%
   
Average consideration (excluding all the relevant expenses) per Class A Ordinary Share purchased:   US$8.70
     
Balance of Class A Ordinary Shares held by the Trustee immediately after the purchases:   37,304,540

 

1

 

 

The Company will from time to time review and determine at its absolute discretion such number of Class A Ordinary Shares to be awarded to the Eligible Participants as it may deem appropriate.

 

  By Order of the Board
  KANZHUN LIMITED
  Mr. Peng Zhao
  Founder, Chairman and Chief Executive Officer
   
Hong Kong, February 20, 2026

 

As of the date of this announcement, the board of directors of the Company comprises Mr. Peng Zhao, Mr. Xu Chen, Mr. Tao Zhang, Ms. Xiehua Wang and Ms. Yang Mu as the executive directors, Mr. Haiyang Yu as the non-executive director, Mr. Yonggang Sun, Mr. Yan Li and Ms. Hongyu Liu as the independent non-executive directors.

 

2

FAQ

What did Kanzhun Limited (BZ) announce in this Form 6-K?

Kanzhun Limited announced that the trustee of its Post-IPO Share Scheme purchased 410,642 Class A ordinary shares on the open market. These shares are held on trust for Eligible Participants and were funded using the company’s internal resources, supporting future share-based awards.

How many Kanzhun (BZ) shares were purchased for the Post-IPO Share Scheme?

The trustee purchased 410,642 Class A ordinary shares, in the form of 205,321 American Depository Shares. The purchases took place on February 17 and 18, 2026, and will be held on trust for Eligible Participants under Kanzhun Limited’s Post-IPO Share Scheme.

What percentage of Kanzhun Limited’s shares does the new purchase represent?

The 410,642 Class A ordinary shares purchased represent approximately 0.04% of Kanzhun Limited’s issued and outstanding shares as of February 18, 2026. This indicates a relatively small addition in percentage terms, specifically earmarked for awards under the Post-IPO Share Scheme.

What was the average price paid per Kanzhun (BZ) share in this transaction?

The average consideration paid per Class A ordinary share was US$8.70, excluding relevant expenses. These shares were acquired on the open market by the scheme’s trustee, using Kanzhun Limited’s internal resources, to support future grants to Eligible Participants under the Post-IPO Share Scheme.

How many Kanzhun Post-IPO Scheme shares does the trustee hold after the purchase?

Immediately after the purchases, the trustee held 37,304,540 Class A ordinary shares for the Post-IPO Share Scheme. These shares are reserved to be awarded, at the company’s absolute discretion, to Eligible Participants in accordance with the scheme’s terms and conditions.

When was Kanzhun Limited’s Post-IPO Share Scheme adopted and when did it take effect?

The Post-IPO Share Scheme was conditionally approved and adopted on December 14, 2022. It took effect on December 22, 2022, when Kanzhun Limited’s Class A ordinary shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited.

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