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Kanzhun grants 530,630 RSUs to 9 employees

Kanzhun Limited (BZ) reported that on September 15, 2026 it granted 530,630 share awards in the form of RSUs, representing the same number of Class A Ordinary Shares, to 9 employees under its Post-IPO Share Scheme.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Kanzhun Limited (BZ) reported that on September 15, 2026 it granted 530,630 share awards in the form of RSUs, representing the same number of Class A Ordinary Shares, to 9 employees under its Post-IPO Share Scheme. The awards have an issue price of nil and reference a closing share price of HK$60.2 on the grant date.

Approximately 77.48% of the awards vest 50% on the second, 25% on the third and 25% on the fourth anniversary of grant, while about 22.52% vest in equal portions over the first to fourth anniversaries. Around 81.83% of the awards are subject to performance evaluation-based vesting. After these grants, 47,989,514 Class A Ordinary Shares remain available for future grants under the Post-IPO Share Scheme.

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Filing Explained

The filing adds an important lifecycle distinction: the 530,630 RSUs were granted on September 15, but the underlying Class A shares are reserved for future issuance upon exercise or vesting rather than reported as issued now. The awards are to be satisfied using Class A shares held by the ADS depositary for bulk issuance of ADSs; the filing defines each ADS as representing two Class A ordinary shares.

Share Awards granted 530,630 Class A Ordinary Shares Aggregate RSU share awards granted on September 15, 2026
Number of grantees 9 employees Employees receiving RSU share awards under the Post-IPO Share Scheme
Closing price on grant date HK$60.2 per share Closing price of Class A Ordinary Shares on September 15, 2026
Time-based vesting portion 77.48% of Share Awards Vests 50% on second, 25% on third, 25% on fourth anniversary
Evenly vesting portion 22.52% of Share Awards Vests in equal portions over the first to fourth anniversaries
Performance-conditioned portion 81.83% of Share Awards Vesting tied to performance evaluation results
Shares remaining under Post-IPO Share Scheme 47,989,514 Class A Ordinary Shares Available for future grant under scheme mandate limit after these grants
Post-IPO Share Scheme financial
"pursuant to the Post-IPO Share Scheme (the “Grants”)."
restricted share units financial
"share awards in the form of RSUs (the “Share Awards”)"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
weighted voting rights financial
"A company controlled through weighted voting rights and incorporated"
A system where some shares carry more voting power than others so certain owners can control corporate decisions with fewer shares. Think of it like tickets to a meeting where some tickets count for five votes and others for one: it lets founders or insiders steer strategy and board picks even if they don't own most of the stock. For investors this affects corporate governance, the protection of minority shareholders, and how much influence public holders have over major decisions.
Class A Ordinary Shares financial
"representing the same number of 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
"Class B Ordinary Share(s) conferring weighted voting rights"
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.
American Depositary Shares financial
"ADSs” | American Depositary Shares, each representing two Class A"
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.

FAQ

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

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

Kanzhun Limited announced it granted 530,630 share awards in the form of RSUs, equal to the same number of Class A Ordinary Shares, to 9 employees under its Post-IPO Share Scheme on September 15, 2026.

What are the key terms of the RSU grants by Kanzhun Limited (BZ)?

The grants cover 530,630 RSUs with an issue price of nil per award. The closing price of the Class A Ordinary Shares on the grant date was HK$60.2 per share, and the awards are subject to the Post-IPO Share Scheme and individual award agreements.

How will the Kanzhun Limited (BZ) RSUs vest over time?

For these grants, about 77.48% of RSUs vest 50% on the second, 25% on the third and 25% on the fourth anniversary, and about 22.52% vest in equal portions on each of the first, second, third and fourth anniversaries, subject to continued employment.

Are the Kanzhun Limited (BZ) RSU grants subject to performance conditions?

Yes. A portion representing approximately 81.83% of the RSUs will vest based on a performance target, where the number of RSUs vested is directly linked to the employee’s performance evaluation as assessed by the Group. The remaining portion is not subject to a performance target.

How many shares remain available under Kanzhun Limited’s Post-IPO Share Scheme after these grants?

As of the announcement date and following these grants, 47,989,514 Class A Ordinary Shares remain available for future grant under the scheme mandate limit of Kanzhun Limited’s Post-IPO Share Scheme.

Will Kanzhun Limited (BZ) issue new shares for these RSU grants?

The RSU share awards will be satisfied by using Class A Ordinary Shares held by the ADS depositary that are reserved for future issuances upon exercise or vesting of awards under the Post-IPO Share Scheme, rather than describing any new issuance in this announcement.

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

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Learn about SEC filing dates

 

 

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 September 2026

 

 

 

Commission File Number: 001-40460

 

 

 

KANZHUN LIMITED

 

21/F, GrandyVic Building,

Taiyanggong Middle Road

Chaoyang District, Beijing 100028

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 x      Form 40-F ¨

 

 

 

 

 

Exhibit Index

 

Exhibit No.   Description
99.1   Grant of Share Awards

 

 

 

 

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: September 16, 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)

 

GRANT OF SHARE AWARDS

 

On September 15, 2026, the Company granted an aggregate of 530,630 share awards in the form of RSUs (the “Share Awards”) (representing the same number of Class A Ordinary Shares) to 9 employees pursuant to the Post-IPO Share Scheme (the “Grants”).

 

The Grants are subject to the terms and conditions of the Post-IPO Share Scheme and the award agreements entered into between the Company and each of the Grantees. The principal terms of the Post-IPO Share Scheme were set out in the section headed “Statutory and General Information – D. Share Incentive Plans – 2. Post-IPO Share Scheme” in Appendix IV to the listing document of the Company dated December 16, 2022.

 

The Share Awards will be satisfied through utilizing the Class A Ordinary Shares held by the depositary of the ADSs for bulk issuance of ADSs reserved for future issuances upon the exercise or vesting of awards granted under the Post-IPO Share Scheme.

 

Details of the Grants are as follows:

 

Date of the Grants September 15, 2026
   
Number of Grantees 9 employees
   
Number of Share Awards granted 530,630 Class A Ordinary Shares
   
Issue price of Share Awards granted Nil per Share Award
   
Closing price of the Class A Ordinary Shares on the Date of the Grants HK$60.2 per Share

 

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Vesting Periods of the Share Awards

 

For the Grants, subject to the Grantee’s continued employment relationship with the Company on such vesting dates, (i) approximately 77.48% of the Share Awards under the Grants shall vest as follows: 50% shall vest on the second anniversary of the date of the Grants; 25% shall vest on the third anniversary of the date of the Grants; and 25% shall vest on the fourth anniversary of the date of the Grants; and (ii) approximately 22.52% of the Share Awards under the Grants shall vest in equal portions on each of the first, second, third and fourth anniversary of the date of the Grants, respectively.

 

Performance Target

 

A portion of the Share Awards representing approximately 81.83% of the Share Awards under the Grants shall be vested subject to a performance target whereby the number of Share Awards to be vested shall be directly linked to the result of the Grantee’s performance evaluation in the relevant period as assessed by the Group. The vesting of the remaining portion of the Share Awards under the Grants is not subject to any performance target.

 

Clawback Mechanism

 

The Share Awards are subject to clawback in the event that:

 

·the Grantee ceases to be a selected participant by reason of the termination of employment or contractual engagement with the Group or Related Entity for cause or without notice or with payment in lieu of notice;

 

·the Grantee has been convicted of a criminal offence involving his/her integrity or honesty; or

 

·in the reasonable opinion of the scheme administrator, the Grantee has engaged in serious misconduct or breaches the terms of the Post-IPO Share Scheme in any material respect.

 

Listing Rules Implications

 

The Grantees under the Grants are employees of the Group and do not fall under any of the following categories: (a) a Director, chief executive, or substantial Shareholder of the Company, or an associate of any of them; (b) a participant with share options and awards granted and to be granted in the 12-month period up to and including the date of such grant in aggregate to exceed 1% individual limit for the purpose of Rule 17.03D of the Listing Rules; or (c) a related entity participant or service provider with options and awards granted and to be granted in any 12-month period exceeding 0.1% of the relevant class of Shares in issue (excluding treasury shares).

 

Reasons for and benefits of the Grants

 

The reasons for the grants of Share Awards are to reward continued efforts for the success of the Company and provide incentives for the Grantees to exert maximum efforts, and to provide a means by which more employees may be given an opportunity to benefit from increases in value of the Shares through the granting of the Share Awards. Such Grants will encourage them to work towards enhancing the value of the Company and the Shares for the benefits of the Company and the Shareholders as a whole.

 

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Class A Ordinary Shares available for future grant under the Post-IPO Share Scheme

 

As at the date of this announcement and following the Grants, the number of Class A Ordinary Shares available for future grant under the scheme mandate limit of the Post-IPO Share Scheme is 47,989,514.

 

Definitions

 

In this announcement, unless the context otherwise requires, the following expressions shall have the following meanings:

 

“ADSs” American Depositary Shares, each representing two Class A Ordinary Shares
   
“Articles of Association” the sixteenth amended and restated articles of association of the Company conditionally adopted by special resolutions of the Shareholders on June 25, 2026
   
“Board” the board of Directors of the Company
   
“Class A Ordinary Share(s)” class A ordinary shares in the share capital of the Company with a par value of US$0.0001 each, conferring a holder of Class A Ordinary Share one vote per Share on any resolution tabled at the Company’s general meeting
   
“Class B Ordinary Share(s)” class B ordinary shares in the share capital of the Company with a par value of US$0.0001 each, conferring weighted voting rights in the Company such that a holder of a Class B Ordinary Share is entitled to ten votes per Share on any resolution tabled at the Company’s general meeting, save for resolutions with respect to any Reserved Matters, in which case they shall be entitled to one vote per Share
   
“Company” KANZHUN LIMITED (看準科技有限公司), a company with limited liability incorporated in the Cayman Islands on January 16, 2014
   
“Director(s)” the director(s) of the Company
   
“Grantee(s)” the employee(s) of the Group who were granted Share Awards in accordance with the Post-IPO Share Scheme on the date of the Grants
   
“Group” the Company, its subsidiaries and its consolidated affiliated entities
   
“Holding Company” a company of which the Company is a subsidiary
   
“HK$” Hong Kong dollars, the lawful currency of Hong Kong
   
“Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, as amended, supplemented or otherwise modified from time to time

 

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“Post-IPO Share Scheme” the share incentive plan conditionally approved and adopted on December 14, 2022, which took effect upon the listing of the Company’s Class A Ordinary Share on the Main Board of The Stock Exchange of Hong Kong Limited
   
“Related Entity” (i) a Holding Company; (ii) subsidiaries of the Holding Company other than members of the Group; or (iii) any company which is an associate of the Company
   
“Reserved Matters” those matters resolutions with respect to which each Share is entitled to one vote at general meetings of the Company pursuant to the Articles of Association, being (i) any amendment to the Memorandum or Articles, including the variation of the rights attached to any class of shares, (ii) the appointment, election or removal of any independent non-executive Director, (iii) the appointment or removal of the Company’s auditors, and (iv) the voluntary liquidation or winding-up of the Company
   
“RSU(s)” restricted share units
   
“Share(s)” the Class A Ordinary Shares and the Class B Ordinary Shares in the share capital of the Company, as the context so requires
   
“Share Award(s)” an award which vests in the form of the right either to (i) subscribe for and/or be issued or (ii) purchase such number of Class A Ordinary Shares as the scheme administrator may determine at the issue price, pursuant to the terms of the Post-IPO Share Scheme
   
“Shareholder(s)” the shareholders of the Company
   
“US$” U.S. dollars, the lawful currency of the United States of America

 

  By order of the Board
  KANZHUN LIMITED
  Mr. Peng Zhao
  Founder, Chairman and Chief Executive Officer

 

Hong Kong, September 15, 2026

 

As at the date of this announcement, the Board of the Company comprises Mr. Peng Zhao, Mr. Tao Zhang, Mr. Xu Chen, Ms. Yang Mu and Ms. Xiehua Wang 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.

 

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