Kanzhun (NASDAQ: BZ) director sells shares to cover RSU tax obligations

Rhea-AI Filing Summary

Kanzhun Ltd director Sun Yonggang reported routine equity compensation activity involving restricted share units and a small tax-related share sale. On June 16, 2026, RSUs vested and were settled into 4,212 Class A ordinary shares, held through American Depositary Shares, with each ADS representing two Class A ordinary shares.

On the same date, he sold 548 Class A ordinary shares at $6.813 per share in an open-market “sell-to-cover” transaction to satisfy tax withholding obligations tied to the RSU vesting. After these transactions, he directly held 12,772 Class A ordinary shares, while the RSU award shown in this filing was fully settled.

Insider Trade Summary

Net Seller: 548 shares ($3,734)

Net Sell 3 txns

Insider Sun Yonggang

Role null

Sold 548 shs ($4K)

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit	4,212	$0.00	--
Exercise	Class A ordinary shares	4,212	$0.00	--
Sale	Class A ordinary shares	548	$6.813	$4K

Holdings After Transaction: Restricted Share Unit — 0 shares (Direct, null); Class A ordinary shares — 13,320 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. 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. Each RSU represents a contingent right to receive one Class A ordinary share at settlement. The RSUs vested on June 16, 2026.

Key Figures

Shares sold: 548 shares Sale price: $6.813 per share Shares acquired via RSU vesting: 4,212 shares +2 more

5 metrics

Shares sold 548 shares Class A ordinary shares sold in open-market sell-to-cover

Sale price $6.813 per share Price for 548 Class A ordinary shares sold

Shares acquired via RSU vesting 4,212 shares Class A ordinary shares received upon RSU vesting on June 16, 2026

Post-transaction holdings 12,772 shares Class A ordinary shares held directly after transactions

ADS ratio 2 shares per ADS Each ADS represents two Class A ordinary shares

Key Terms

Restricted Share Unit, sell-to-cover, American Depositary Shares, Class A ordinary shares

4 terms

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.

sell-to-cover financial

"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."

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.

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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Sun Yonggang

(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)
06/16/2026

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)	06/16/2026		M		4,212(2)	A	(2)	13,320	D
Class A ordinary shares(1)	06/16/2026		S		548(3)	D	$6.813	12,772	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)	06/16/2026		M			4,212	(5)	(5)	Class A ordinary shares	4,212	$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 June 16, 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 June 16, 2026.

	/s/ Yonggang Sun	06/17/2026
	** 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)