Kanzhun (NASDAQ: BZ) director discloses initial shares, options and RSUs

Rhea-AI Filing Summary

Kanzhun Ltd director Wang Xiehua has filed an initial ownership report showing a mix of common shares, options, and restricted share units tied to Class A ordinary shares. Wang directly holds 484,600 Class A ordinary shares, which are held through American Depositary Shares, with each ADS representing two Class A ordinary shares.

The filing lists fully vested options to buy 250,000 and 32,130 Class A ordinary shares at an exercise price of $3.0807 per share, expiring on December 1, 2030 and February 27, 2030, respectively. It also shows two restricted share unit awards covering 150,000 and 1,504 Class A ordinary shares that were granted in March 2022 and June 2022 and vest in four equal annual installments.

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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1. Name and Address of Reporting Person^*

WANG Xiehua

(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
	Officer (give title below)		Other (specify below)

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)	484,600	D

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)	(2)	12/01/2030	Class A ordinary shares	250,000	$3.0807	D
Option (Right to Buy)	(2)	02/27/2030	Class A ordinary shares	32,130	$3.0807	D
Restricted Share Unit	(3)	(3)	Class A ordinary shares	150,000	(4)	D
Restricted Share Unit	(5)	(5)	Class A ordinary shares	1,504	(4)	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. All options granted have been fully vested and are exercisable as of the date hereof.

3. This restricted share unit award was granted June 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.

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

5. This restricted share unit award was granted 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/ Xiehua Wang	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does Kanzhun Ltd (BZ) director Wang Xiehua report owning in this Form 3?

Wang Xiehua reports direct ownership of 484,600 Class A ordinary shares, plus options and restricted share units tied to additional Class A shares. The filing details fully vested options and multi-year RSU awards linked to Kanzhun’s equity compensation programs.

How many options does Wang Xiehua hold in Kanzhun Ltd (BZ) and at what price?

The filing shows fully vested options over 250,000 and 32,130 Class A ordinary shares, each with a $3.0807 exercise price. These options expire on December 1, 2030 and February 27, 2030, giving long-dated rights to acquire Kanzhun equity at that price.

What restricted share units (RSUs) does Wang Xiehua hold in Kanzhun Ltd (BZ)?

Wang holds RSU awards covering 150,000 and 1,504 Class A ordinary shares. These RSUs were granted in March 2022 and June 2022 and vest in equal portions over four years, with each unit representing a contingent right to receive one Class A share.

How are Kanzhun Ltd (BZ) Class A ordinary shares held by Wang Xiehua structured?

The 484,600 Class A ordinary shares reported are held through American Depositary Shares of Kanzhun. According to the filing, each ADS represents two Class A ordinary shares, providing an indirect way for holders to own the underlying equity.

Does this Kanzhun Ltd (BZ) Form 3 show any recent share purchases or sales by Wang Xiehua?

The Form 3 presents Wang’s existing holdings, not new purchases or sales. All entries are characterized as holdings, and the transaction summary shows no buy or sell transactions, only unknown-code records reflecting current option, RSU, and share positions.