Kanzhun director sells 60,704 shares at $7.4577

Kanzhun Ltd (BZ) director Mu Yang reported RSU vesting and related share transactions on September 17, 2026.

Rhea-AI Filing Summary

Kanzhun Ltd (BZ) director Mu Yang reported RSU vesting and related share transactions on September 17, 2026. RSUs covering 122,500 Class A ordinary shares vested and settled, issued in the form of ADSs, and 60,704 shares were sold in a sell-to-cover transaction at a weighted average price of $7.4577 per share to satisfy tax withholding obligations.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Mu Yang

Role Director

Sold 60,704 shs ($453K)

Approx. gross sale proceeds $453K

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit F5, F6	80,000	$0.00	$0.00
Exercise	Restricted Share Unit F5, F6	42,500	$0.00	$0.00
Exercise	Class A ordinary shares F1, F2	122,500	--	--
Sale	Class A ordinary shares F1, F3, F4	60,704	$7.4577	$453K

Holdings After Transaction: Restricted Share Unit — 207,500 contracts (Direct); Class A ordinary shares — 143,356 shares (Direct)

Footnotes (6)

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 September 17, 2026.
3. F3. 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. F4. Represents weighted average sales price. The shares were sold at prices ranging from $7.45 to $7.4625. The Reporting Person will provide upon request, to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
5. F5. Each RSU represents a contingent right to receive one Class A ordinary share at settlement.
6. F6. The RSUs vested and settled on September 17, 2026.

Key Figures

Shares vested from RSUs: 122,500 Class A ordinary shares Shares sold in sell-to-cover: 60,704 Class A ordinary shares Weighted average sale price: $7.4577 per share +1 more

4 metrics

Shares vested from RSUs 122,500 Class A ordinary shares RSUs vested and settled on September 17, 2026

Shares sold in sell-to-cover 60,704 Class A ordinary shares Sell-to-cover transaction for tax withholding on September 17, 2026

Weighted average sale price $7.4577 per share Sell-to-cover sale prices ranged from $7.45 to $7.4625

ADS to ordinary share ratio 1 ADS = 2 Class A ordinary shares Shares held through American Depositary Shares of Kanzhun Ltd

Key Terms

Restricted Share Unit, sell-to-cover, American Depositary Shares, weighted average sales price

4 terms

Restricted Share Unit financial

"Represents Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units"

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.

sell-to-cover financial

"The shares were sold in a "sell-to-cover" transaction to cover tax withholding"

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

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.

weighted average sales price financial

"Represents weighted average sales price. The shares were sold at prices ranging"

FAQ

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

What insider transactions did Kanzhun Ltd (BZ) director Mu Yang report?

Mu Yang reported vesting and settlement of RSUs covering 122,500 Class A ordinary shares on September 17, 2026, and the sale of 60,704 shares in a sell-to-cover transaction to satisfy tax withholding obligations.

How many Kanzhun Ltd (BZ) shares did Mu Yang sell and at what price?

Mu Yang sold 60,704 Class A ordinary shares at a weighted average price of $7.4577 per share, with individual sale prices ranging from $7.45 to $7.4625, in a sell-to-cover transaction for tax withholding.

How many Kanzhun Ltd (BZ) shares vested for Mu Yang from RSUs?

RSUs vested and settled into 122,500 Class A ordinary shares for Mu Yang on September 17, 2026, acquired in the form of ADSs upon vesting.

Were Mu Yang’s Kanzhun Ltd (BZ) share sales under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as being under a plan, and the footnotes describe the transaction as a sell-to-cover for tax withholding in connection with RSU vesting.

What is the ADS to share ratio for Kanzhun Ltd (BZ) in Mu Yang’s Form 4?

Each American Depositary Share (ADS) of Kanzhun Ltd represents two Class A ordinary shares. The reported Class A ordinary shares are held through ADSs using this 1 ADS = 2 shares ratio.

What kind of equity awards did Mu Yang hold in Kanzhun Ltd (BZ)?

Mu Yang held Restricted Share Units (RSUs), where each RSU represents a contingent right to receive one Class A ordinary share at settlement. These RSUs vested and settled on September 17, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 04:03 PM Accepted by SEC EDGAR 09/18/2026 - 04:02 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^*

Mu Yang

(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)
09/17/2026

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)	09/17/2026		M		122,500(2)	A	(2)	204,060	D
Class A ordinary shares(1)	09/17/2026		S		60,704(3)	D	$7.4577(4)	143,356	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	(5)	09/17/2026		M			80,000	(6)	(6)	Class A ordinary shares	80,000	$0	80,000	D
Restricted Share Unit	(5)	09/17/2026		M			42,500	(6)	(6)	Class A ordinary shares	42,500	$0	127,500	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 September 17, 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. Represents weighted average sales price. The shares were sold at prices ranging from $7.45 to $7.4625. The Reporting Person will provide upon request, to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

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

6. The RSUs vested and settled on September 17, 2026.

	/s/ Yang Mu	09/18/2026
	** 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)