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Kanzhun (BZ) director Sun Yonggang reports initial equity and award holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Kanzhun Ltd director Sun Yonggang filed an initial ownership report detailing his equity interests in the company. He directly holds 9,108 Class A ordinary shares, which are held through American Depositary Shares, with each ADS representing two Class A ordinary shares.

He also holds options over 4,212 Class A ordinary shares at an exercise price of $0.0001 expiring on June 15, 2032, and another 4,212 shares at the same exercise price expiring on July 10, 2031. All of these options are fully vested and exercisable as of the filing date.

In addition, he has a restricted share unit award covering 4,212 Class A ordinary shares. The award was granted on June 15, 2025 and vests in equal portions on the grant date and the first anniversary, with each unit representing the right to receive one Class A ordinary share at settlement.

Positive

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Insider Sun Yonggang
Role Director
Type Security Shares Price Value
holding Option (Right to Buy) -- -- --
holding Option (Right to Buy) -- -- --
holding Restricted Share Unit -- -- --
holding Class A ordinary shares -- -- --
Holdings After Transaction: Option (Right to Buy) — 4,212 shares (Direct); Restricted Share Unit — 4,212 shares (Direct); Class A ordinary shares — 9,108 shares (Direct)
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. All options granted have been fully vested and are exercisable as of the date hereof. This restricted share unit award was granted on June 15, 2025, and vests in equal portions on the grant date and the first 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.
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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
OMB APPROVAL
OMB Number: 3235-0104
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hours per response: 0.5
1. Name and Address of Reporting Person*
Sun Yonggang
(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) 9,108 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) 06/15/2032 Class A ordinary shares 4,212 $0.0001 D
Option (Right to Buy) (2) 07/10/2031 Class A ordinary shares 4,212 $0.0001 D
Restricted Share Unit (3) (3) Class A ordinary shares 4,212 (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 on June 15, 2025, and vests in equal portions on the grant date and the first 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.
/s/ Yonggang Sun 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.

Source: View Original Filing on SEC EDGAR

FAQ

What does Kanzhun (BZ) director Sun Yonggang report in this Form 3?

Sun Yonggang reports his initial equity holdings in Kanzhun Ltd. He directly holds 9,108 Class A ordinary shares, plus fully vested stock options and restricted share units covering additional Class A ordinary shares, all described as of the Form 3 reporting date.

How many Kanzhun Class A ordinary shares does Sun Yonggang directly hold?

He directly holds 9,108 Class A ordinary shares of Kanzhun Ltd. According to the filing, these shares are held through American Depositary Shares, with each ADS representing two Class A ordinary shares of the company.

What stock options in Kanzhun does Sun Yonggang report on his Form 3?

He reports two option grants, each over 4,212 Class A ordinary shares at an exercise price of $0.0001. These options expire on July 10, 2031 and June 15, 2032 and are fully vested and exercisable as of the reporting date.

What are the terms of Sun Yonggang’s restricted share units in Kanzhun (BZ)?

He reports 4,212 restricted share units tied to Class A ordinary shares. The award was granted on June 15, 2025 and vests in equal portions on the grant date and the first anniversary. Each unit converts into one Class A ordinary share at settlement.

Are Sun Yonggang’s Kanzhun stock options already vested?

Yes. The filing states that all options granted to Sun Yonggang have been fully vested and are exercisable as of the date of the report, meaning he can choose to exercise them any time before their respective expiration dates.

How are Kanzhun Class A shares held through ADS for Sun Yonggang?

The filing explains that his Class A ordinary shares are held through American Depositary Shares. Each ADS represents two Class A ordinary shares, providing a U.S.-traded instrument that corresponds to the underlying Kanzhun equity held on his behalf.