STOCK TITAN

Kanzhun (BZ) CTO receives 932,434 RSU grant vesting over four years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Zhang Kylen Tao reported acquisition or exercise transactions in this Form 4 filing.

Kanzhun Ltd reported that Chief Technology Officer Zhang Kylen Tao received a grant of 932,434 restricted share units (RSUs) tied to the company’s Class A ordinary shares. Each RSU represents the right to receive one share and will vest in equal portions over four years on each anniversary of the June 15, 2026 grant date, subject to the award agreement. Following this grant, Tao holds 932,434 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Zhang Kylen Tao
Role Chief Technology Officer
Type Security Shares Price Value
Grant/Award Restricted Share Unit 932,434 $0.00 --
Holdings After Transaction: Restricted Share Unit — 932,434 shares (Direct, null)
Footnotes (1)
  1. Each RSU represents a contingent right to receive one Class A ordinary share at settlement. This restricted share unit award was granted on June 15, 2026, 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.
RSUs granted 932,434 units Restricted share units granted on June 15, 2026
Total RSUs following transaction 932,434 units Direct holdings after reported grant
RSU price per unit $0.00 per unit Grant/award acquisition, no cash exercise price
Vesting period 4 years Equal portions on each anniversary of June 15, 2026
Restricted Share Unit financial
"Each RSU represents a contingent right to receive one Class A ordinary share at settlement."
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
Class A ordinary shares financial
"Each RSU represents a contingent right to receive one Class A ordinary share at settlement."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
vests in equal portions financial
"vests in equal portions over four years on each anniversary of the grant date"
award agreement financial
"subject to the terms and conditions of the underlying award agreement."
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Zhang Kylen Tao

(Last)(First)(Middle)
21/F, GRANDYVIC BUILDING
TAIYANGGONG MIDDLE RD CHAOYANG DISTRICT

(Street)
BEIJINGF4100028

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
[HKEX: 2076]
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Unit(1)06/15/2026A932,434 (2) (2)Class A ordinary shares932,434$0932,434D
Explanation of Responses:
1. Each RSU represents a contingent right to receive one Class A ordinary share at settlement.
2. This restricted share unit award was granted on June 15, 2026, 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.
/s/ Tao Zhang06/17/2026
** Signature of Reporting PersonDate
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 did Kanzhun (BZ) disclose about CTO Zhang Kylen Tao’s equity grant?

Kanzhun disclosed that CTO Zhang Kylen Tao received 932,434 restricted share units. Each RSU represents a right to one Class A ordinary share, providing long-term equity-based compensation instead of a cash transaction in the open market.

How many Kanzhun RSUs were granted to CTO Zhang Kylen Tao?

CTO Zhang Kylen Tao was granted 932,434 restricted share units. These RSUs give him a contingent right to receive an equal number of Class A ordinary shares if vesting conditions are satisfied over the specified schedule.

What is the vesting schedule for Zhang Kylen Tao’s Kanzhun RSU award?

The RSU award granted to Zhang Kylen Tao on June 15, 2026 vests in equal portions over four years. Vesting occurs on each anniversary of the grant date, subject to the terms of the underlying award agreement and continued satisfaction of its conditions.

Does the Kanzhun RSU grant to the CTO involve a purchase or sale of shares?

The RSU grant to the CTO is a compensation-related acquisition, not a market purchase or sale. RSUs are awarded at no cash cost per unit and convert into Class A ordinary shares only as they vest over time.

What security underlies the Kanzhun RSUs granted to the CTO?

Each restricted share unit granted to the CTO is linked to one Class A ordinary share of Kanzhun. As RSUs vest and settle, the holder becomes entitled to receive Class A ordinary shares according to the award agreement’s terms.

How many Kanzhun RSUs does the CTO hold after this grant?

After this RSU grant, CTO Zhang Kylen Tao holds 932,434 restricted share units directly. This figure reflects the total RSUs reported following the transaction and represents potential future Class A ordinary shares upon vesting and settlement.