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Kanzhun (BZ) deputy CFO exercises 25,000 RSUs into Class A shares

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

Rhea-AI Filing Summary

Kanzhun Ltd deputy CFO Wang Wenbei reported an equity award vesting. On June 16, 2026, he acquired 25,000 Class A ordinary shares at a stated price of $0.0000 per share through the vesting and exercise of restricted share units, rather than an open-market purchase. Following this transaction, he directly holds 148,588 Class A ordinary shares, which are held through American Depositary Shares where each ADS represents two Class A ordinary shares.

Positive

  • None.

Negative

  • None.
Insider Wang Wenbei
Role Deputy Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Share Unit 25,000 $0.00 --
Exercise Class A ordinary shares 25,000 $0.00 --
Holdings After Transaction: Restricted Share Unit — 0 shares (Direct, null); Class A ordinary shares — 148,588 shares (Direct, null)
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. Represents Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units ("RSU") on June 16, 2026. Each RSU represents a contingent right to receive one Class A ordinary share at settlement. The RSUs vested on June 16, 2026.
Shares acquired 25,000 Class A ordinary shares Acquired on June 16, 2026 via RSU vesting
Post-transaction holdings 148,588 Class A ordinary shares Direct holdings after June 16, 2026 transaction
Exercise price $0.0000 per share Stated for 25,000 Class A ordinary shares acquired
RSUs exercised 25,000 restricted share units Each RSU converted into one Class A ordinary share
ADS to share ratio 1 ADS : 2 Class A ordinary shares Holding structure for Kanzhun equity
Restricted Share Unit financial
"Represents Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units ("RSU") on June 16, 2026."
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.
American Depositary Shares financial
"These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer."
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Class A ordinary shares financial
"Each ADS represents two Class A ordinary shares."
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.
contingent right financial
"Each RSU represents a contingent right to receive one Class A ordinary share at settlement."
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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*
Wang Wenbei

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Deputy Chief Financial Officer
2a. Foreign Trading Symbol
[HKEX: 2076]
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
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
Class A ordinary shares(1)06/16/2026M25,000(2)A(2)148,588D
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(3)06/16/2026M25,000 (4) (4)Class A ordinary shares25,000$00D
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 June 16, 2026.
3. Each RSU represents a contingent right to receive one Class A ordinary share at settlement.
4. The RSUs vested on June 16, 2026.
/s/ Wenbei Wang06/17/2026
** 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 insider transaction did Kanzhun (BZ) deputy CFO Wang Wenbei report?

Wang Wenbei reported acquiring 25,000 Class A ordinary shares of Kanzhun Ltd on June 16, 2026. The shares came from the vesting and exercise of restricted share units, not from an open-market purchase, and are held through American Depositary Shares.

How many Kanzhun (BZ) shares does Wang Wenbei hold after this Form 4?

After the June 16, 2026 transaction, Wang Wenbei directly holds 148,588 Class A ordinary shares. These shares are held in the form of American Depositary Shares, with each ADS representing two Class A ordinary shares, according to the filing footnotes.

Was the Kanzhun (BZ) Form 4 transaction a market purchase or sale?

The Form 4 does not show an open-market purchase or sale. Instead, it reports an exercise or conversion of restricted share units into 25,000 Class A ordinary shares at a stated price of $0.0000 per share, reflecting equity compensation vesting.

What triggered the 25,000-share acquisition reported for Kanzhun (BZ)?

The 25,000 Class A ordinary shares were acquired when restricted share units vested on June 16, 2026. Each restricted share unit represented a contingent right to receive one Class A ordinary share at settlement, and the vesting converted the units into actual shares.

How are the Kanzhun (BZ) shares from this Form 4 held?

The filing states the Class A ordinary shares are held through American Depositary Shares. Each American Depositary Share represents two Class A ordinary shares, so the underlying holdings are reflected in ADS form rather than directly on the issuer’s home-market register.