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Kanzhun (NASDAQ: BZ) acquires 341,134 shares for Post-IPO incentive plan

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

Rhea-AI Filing Summary

Kanzhun Limited reported that the trustee of its Post-IPO Share Scheme purchased Class A ordinary shares on the open market for employee incentives. On February 13, 2026, the trustee bought 341,134 Class A Ordinary Shares (170,567 ADSs), equal to about 0.04% of the Company’s issued and outstanding shares.

The average price paid was US$8.70 per Class A Ordinary Share, funded by the Company’s internal resources. Following this transaction, the trustee held 36,893,898 Class A Ordinary Shares on trust for eligible participants, to be awarded at the Company’s discretion 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 17, 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 341,134 Class A Ordinary Shares (in the form of 170,567 American Depository Shares) from the open market to hold on trust for the Eligible Participants (as defined in the Scheme) on February 13, 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:

 

Date of purchase:   February 13, 2026
     
Total number of Class A Ordinary Shares purchased:   341,134
     
Percentage of the Class A Ordinary Shares purchased to the total number of issued and outstanding shares of the Company as at February 13, 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 purchase:   36,893,898

 

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 16, 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 6-K filing?

Kanzhun Limited announced that the trustee of its Post-IPO Share Scheme purchased Class A ordinary shares on the open market for eligible participants, funded by internal resources, as part of its ongoing equity incentive arrangements.

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

The trustee purchased 341,134 Class A Ordinary Shares, represented by 170,567 American Depository Shares. These shares are held on trust for eligible participants under Kanzhun Limited’s Post-IPO Share Scheme for future awards.

What portion of Kanzhun Limited’s (BZ) share capital does the February 13, 2026 purchase represent?

The purchase of 341,134 Class A Ordinary Shares represents approximately 0.04% of Kanzhun Limited’s total issued and outstanding shares as of February 13, 2026, indicating a relatively small buyback for the employee share scheme.

At what price did Kanzhun (BZ) acquire shares for the Post-IPO Share Scheme?

The shares were acquired at an average consideration of US$8.70 per Class A Ordinary Share, excluding related expenses. This average price reflects the cost at which the company funded equity incentives through open-market purchases for the scheme.

How many Kanzhun (BZ) shares does the trustee hold after this purchase?

Immediately after the February 13, 2026 purchase, the trustee held 36,893,898 Class A Ordinary Shares. These shares are reserved on trust for eligible participants and may be awarded at Kanzhun Limited’s discretion under the Post-IPO Share Scheme.

How will Kanzhun Limited (BZ) allocate the shares bought under the Scheme?

Kanzhun Limited stated it will review and determine, at its absolute discretion, the number of Class A Ordinary Shares to be awarded to eligible participants over time, in line with the terms of the Post-IPO Share Scheme.

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