Kanzhun (BZ) CTO lists options, RSUs and over 1.2M Class A shares

Rhea-AI Filing Summary

Kanzhun Ltd Chief Technology Officer Kylen Tao Zhang filed an initial ownership report showing his existing equity in the company. He holds an option fully vested and exercisable for 261,914 Class A ordinary shares at an exercise price of 3.0807 per share. He also has outstanding restricted share units covering 48,018, 90,000 and 27,450 Class A ordinary shares, each RSU representing a contingent right to receive one share at settlement. In addition, he owns 42,000 Class A ordinary shares directly and 1,205,876 Class A ordinary shares indirectly through KZBZ Limited, an employee shareholding trust that holds shares for employees, including Mr. Zhang. Some of these Class A ordinary shares are held through American Depositary Shares, with each ADS representing two Class A ordinary shares.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Zhang Kylen Tao

Role Chief Technology Officer

Type	Security	Shares	Price	Value
holding	Option (Right to Buy)	--	--	--
holding	Restricted Share Unit	--	--	--
holding	Restricted Share Unit	--	--	--
holding	Restricted Share Unit	--	--	--
holding	Class A ordinary shares	--	--	--
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Option (Right to Buy) — 261,914 shares (Direct); Restricted Share Unit — 48,018 shares (Direct); Class A ordinary shares — 42,000 shares (Direct); Class A ordinary shares — 1,205,876 shares (Indirect, By KZBZ Limited)

Footnotes (1)

1. These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares. The shares of KZBZ Limited are held by Maples Trustee Services (Cayman) Limited as trustee of an employee shareholding trust, for the benefit of employees including Mr. Tao Zhang. All options granted have been fully vested and are exercisable as of the date hereof. This restricted share unit award was granted on March 27, 2023, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof. Each restricted share unit represents a contingent right to receive one Class A ordinary share at settlement. This restricted share unit award was granted on December 3, 2022, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof. This restricted share unit award was granted on March 15, 2022, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Zhang Kylen Tao

(Last) (First) (Middle)

21/F, GRANDYVIC BUILDING

TAIYANGGONG MIDDLE RD, CHAOYANG DISTRICT

(Street)

BEIJING F4 100020

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Kanzhun Ltd [ BZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares(1)	42,000	D
Class A ordinary shares	1,205,876	I	By KZBZ Limited(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (Right to Buy)	(3)	10/16/2030	Class A ordinary shares	261,914	$3.0807	D
Restricted Share Unit	(4)	(4)	Class A ordinary shares	48,018	(5)	D
Restricted Share Unit	(6)	(6)	Class A ordinary shares	90,000	(5)	D
Restricted Share Unit	(7)	(7)	Class A ordinary shares	27,450	(5)	D

Explanation of Responses:

1. These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares.

2. The shares of KZBZ Limited are held by Maples Trustee Services (Cayman) Limited as trustee of an employee shareholding trust, for the benefit of employees including Mr. Tao Zhang.

3. All options granted have been fully vested and are exercisable as of the date hereof.

4. This restricted share unit award was granted on March 27, 2023, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof.

5. Each restricted share unit represents a contingent right to receive one Class A ordinary share at settlement.

6. This restricted share unit award was granted on December 3, 2022, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof.

7. This restricted share unit award was granted on March 15, 2022, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof.

	/s/ Tao Zhang	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Kanzhun (BZ) CTO Kylen Tao Zhang report on this Form 3?

Kanzhun CTO Kylen Tao Zhang reports his existing equity holdings, including stock options, restricted share units, and Class A ordinary shares. The filing is an initial ownership statement and does not show new purchases or sales, only what he already beneficially owns or can receive.

How many options does Kanzhun (BZ) CTO Kylen Tao Zhang hold?

He holds an option fully vested and exercisable for 261,914 Class A ordinary shares at an exercise price of 3.0807 per share. This position reflects equity-based compensation that can be converted into ordinary shares if he chooses to exercise the option in the future.

What restricted share units does Kanzhun (BZ) CTO Kylen Tao Zhang report?

He reports three restricted share unit awards covering 48,018, 90,000 and 27,450 Class A ordinary shares. Each RSU represents a contingent right to receive one Class A ordinary share at settlement, vesting in equal portions over four years from their respective grant dates.

How many Kanzhun (BZ) Class A shares does Kylen Tao Zhang hold directly and indirectly?

He holds 42,000 Class A ordinary shares directly and 1,205,876 Class A ordinary shares indirectly through KZBZ Limited. KZBZ Limited is an employee shareholding trust managed by a trustee for the benefit of employees, including Mr. Zhang, according to the disclosure.

How are Kanzhun (BZ) American Depositary Shares related to Class A ordinary shares?

Some of the reported Class A ordinary shares are held through American Depositary Shares. Each ADS represents two Class A ordinary shares, providing a way for investors to hold an interest in Kanzhun’s Class A equity through a depositary structure rather than directly holding local shares.

Do the Kanzhun (BZ) Form 3 entries show any recent insider buying or selling?

No, the entries describe existing holdings and derivative awards rather than recent trades. Transaction codes and summaries indicate holding entries only, with no recorded buys, sells, exercises, gifts, or tax-withholding dispositions on the reported date for Mr. Zhang’s positions.