Director at Kanzhun (NASDAQ: BZ) vests RSUs and makes small tax sale

Rhea-AI Filing Summary

Kanzhun Ltd director WANG Xiehua reported an option-style RSU vesting and a small related share sale. On March 20, 2026, 1,504 restricted share units vested, each converting into one Class A ordinary share, held through American Depositary Shares where each ADS represents two Class A ordinary shares.

On the same date, 116 Class A ordinary shares were sold at $6.7025 per share in a sell-to-cover transaction to pay tax withholding tied to the RSU vesting. After these transactions, WANG Xiehua directly held 485,988 Class A ordinary shares. This combination of RSU vesting and limited tax-related selling is a routine compensation event rather than a large discretionary trade.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WANG Xiehua

(Last) (First) (Middle)

21/F, GRANDYVIC BUILDING

TAIYANGGONG MIDDLE RD CHAOYANG DISTRICT

(Street)

BEIJING F4 100028

(City) (State) (Zip)

CHINA

(Country)

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

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

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

2a. Foreign Trading Symbol
[HKEX: 2076]

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares(1)	03/20/2026		M		1,504(2)	A	(2)	486,104	D
Class A ordinary shares(1)	03/20/2026		S		116(3)	D	$6.7025	485,988	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Unit	(4)	03/20/2026		M			1,504	(5)	(5)	Class A ordinary shares	1,504	$0	0	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. Represents Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units ("RSU") on March 20, 2026.

3. The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of the RSUs.

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

5. The RSUs vested on March 20, 2026.

	/s/ Xiehua Wang	03/24/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Kanzhun (BZ) report for WANG Xiehua?

Kanzhun director WANG Xiehua reported RSU vesting into 1,504 Class A ordinary shares and a small sale of 116 shares on March 20, 2026, primarily to cover related tax withholding obligations.

How many Kanzhun (BZ) shares does WANG Xiehua hold after this Form 4?

After the March 20, 2026 transactions, WANG Xiehua directly holds 485,988 Class A ordinary shares of Kanzhun. This figure reflects the RSU conversion and the small sell-to-cover transaction completed on the same date.

What type of equity award vested for Kanzhun (BZ) director WANG Xiehua?

The filing shows restricted share units (RSUs) vested for WANG Xiehua on March 20, 2026. Each RSU represented a contingent right to receive one Class A ordinary share upon settlement, delivered in the form of American Depositary Shares.

Why did WANG Xiehua sell Kanzhun (BZ) shares on March 20, 2026?

The sale of 116 Class A ordinary shares at $6.7025 was a sell-to-cover transaction. The shares were sold specifically to satisfy tax withholding obligations resulting from the vesting and settlement of the RSUs.

How are Kanzhun (BZ) Class A shares represented in ADS form for this insider?

The filing notes that the Class A ordinary shares are held through American Depositary Shares. Each ADS represents two Class A ordinary shares, so the underlying equity exposure is twice the ADS count shown.