Kanzhun CTO exercises 27,450 RSUs into shares

Kanzhun Ltd Chief Technology Officer Kylen Tao Zhang reported the vesting of restricted share units that converted into 27,450 Class A ordinary shares on March 20, 2026.

Rhea-AI Filing Summary

Kanzhun Ltd Chief Technology Officer Kylen Tao Zhang reported the vesting of restricted share units that converted into 27,450 Class A ordinary shares on March 20, 2026. These shares were acquired in the form of American Depositary Shares, with each ADS representing two Class A ordinary shares.

Following this compensation-related RSU vesting, Zhang holds 69,450 Class A ordinary shares directly. In addition, a further 1,205,876 Class A ordinary shares are held indirectly through KZBZ Limited, an employee shareholding trust benefiting employees including Zhang. No open-market purchases or sales were reported in this filing.

Insider Trade Summary

27,450 shares exercised/converted

Exercise 3 txns

Insider Zhang Kylen Tao

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit	27,450	$0.00	$0.00
Exercise	Class A ordinary shares	27,450	$0.00	$0.00
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Restricted Share Unit — 0 contracts (Direct); Class A ordinary shares — 69,450 shares (Direct); Class A ordinary shares — 1,205,876 shares (Indirect, By KZBZ Limited)

Footnotes (5)

1. F1. These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares.
2. F2. Represents Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units ("RSU") on March 20, 2026.
3. F3. The shares of KZBZ Limited are held by Maples Trustee Services (Cayman) Limited as trustee of an employee shareholding trust, for the benefit of employees including Mr. Tao Zhang.
4. F4. Each RSU represents a contingent right to receive one Class A ordinary share at settlement.
5. F5. The RSUs vested on March 20, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Kanzhun (BZ) report for Kylen Tao Zhang?

Kanzhun reported that CTO Kylen Tao Zhang acquired 27,450 Class A ordinary shares on March 20, 2026. The shares came from vested restricted share units and were received as compensation, not through an open-market purchase or sale.

How many Kanzhun (BZ) shares did Zhang receive from RSU vesting?

Zhang received 27,450 Class A ordinary shares from RSU vesting on March 20, 2026. Each restricted share unit converted into one Class A share, delivered in the form of American Depositary Shares representing two Class A ordinary shares.

What are Kylen Tao Zhang’s direct share holdings in Kanzhun (BZ) after this Form 4?

After the RSU vesting, Zhang directly holds 69,450 Class A ordinary shares of Kanzhun. This figure reflects his direct ownership only and does not include additional indirect holdings held through an employee shareholding trust structure.

What indirect Kanzhun (BZ) holdings are associated with KZBZ Limited?

KZBZ Limited holds 1,205,876 Class A ordinary shares as an employee shareholding trust. The trust is managed by a trustee for the benefit of employees, including Kylen Tao Zhang, giving him an indirect economic interest in those Kanzhun shares.

Did the Kanzhun (BZ) Form 4 show any open-market buying or selling?

The Form 4 did not show any open-market buying or selling by Zhang. It only reported RSU vesting and the related acquisition of Class A ordinary shares as compensation, with no transaction price and no sales to the public market.

How are Kanzhun (BZ) ADS related to Class A ordinary shares in this filing?

The filing explains that each Kanzhun American Depositary Share represents two Class A ordinary shares. The Class A shares Zhang acquired upon RSU vesting were received in the form of ADS, which are tradable on U.S. markets.

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Accepted by SEC EDGAR 03/24/2026 - 04:08 PM Learn about SEC filing dates

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

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)

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
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

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		27,450(2)	A	(2)	69,450	D
Class A ordinary shares								1,205,876	I	By KZBZ Limited(3)

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			27,450	(5)	(5)	Class A ordinary shares	27,450	$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 of KZBZ Limited are held by Maples Trustee Services (Cayman) Limited as trustee of an employee shareholding trust, for the benefit of employees including Mr. Tao Zhang.

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/ Tao Zhang	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)