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Kanzhun CEO sells 743K shares around $8.2

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Kanzhun Ltd (BZ) reported that its chief executive officer, director and more than ten percent shareholder, Zhao Peng Jonathan, through Techwolf Limited, sold a total of 743,600 Class A ordinary shares on September 10 and 11, 2026 in open-market or private transactions.

The September 10 transaction covered 384,000 shares at a weighted average price of $8.1784 per share within a range of $8.0375–$8.2975, and the September 11 transaction covered 359,600 shares at a weighted average price of $8.2806 per share within a range of $8.19–$8.455. The shares are held through American Depositary Shares, each representing two Class A ordinary shares, and are owned indirectly via Techwolf Limited, whose entire interest is held by a trust established by Mr. Zhao for the benefit of himself and his family. No Rule 10b5-1 trading plan is reported for these transactions.

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Insights

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Insider Zhao Peng Jonathan
Role Chief Executive Officer
Sold 743,600 shs ($6.12M)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F4, F3 359,600 $8.2806 $2.98M
Sale Class A ordinary shares F1, F2, F3 384,000 $8.1784 $3.14M
Holdings After Transaction: Class A ordinary shares — 2,824,080 shares (Indirect, By Techwolf Limited)
Footnotes (4)
  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 weighted average sales price. The shares were sold at prices ranging from $8.0375 to $8.2975. 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.
  3. F3. By Techwolf Limited, a British Virgin Islands company. The entire interest in Techwolf Limited is held by a trust established by Mr. Peng Zhao as the settlor for the benefit of Mr. Zhao and his family.
  4. F4. Represents weighted average sales price. The shares were sold at prices ranging from $8.19 to $8.455. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Total shares sold 743,600 Class A ordinary shares Indirectly sold by entity associated with CEO on September 10–11, 2026
September 10, 2026 sale volume 384,000 Class A ordinary shares Indirect sale on September 10, 2026
September 11, 2026 sale volume 359,600 Class A ordinary shares Indirect sale on September 11, 2026
Weighted average price September 10, 2026 $8.1784 per share Within a price range of $8.0375–$8.2975
Weighted average price September 11, 2026 $8.2806 per share Within a price range of $8.19–$8.455
ADS to share ratio 1 ADS : 2 Class A ordinary shares Each American Depositary Share represents two Class A ordinary shares
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"
settlor financial
"a trust established by Mr. Peng Zhao as the settlor for the benefit"
ten percent owner financial
"is_ten_percent_owner": 1,"

FAQ

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

What insider transactions did Kanzhun Ltd (BZ) report on this Form 4?

Kanzhun Ltd reported that chief executive officer and major shareholder Zhao Peng Jonathan, indirectly through Techwolf Limited, sold 743,600 Class A ordinary shares in open-market or private transactions on September 10 and 11, 2026.

How many Kanzhun Ltd (BZ) shares were sold on each date and at what prices?

On September 10, 2026, 384,000 Class A ordinary shares were sold at a weighted average price of $8.1784 within $8.0375–$8.2975. On September 11, 2026, 359,600 shares were sold at a weighted average price of $8.2806 within $8.19–$8.455.

Were the Kanzhun Ltd (BZ) insider sales made directly by the CEO?

The sales were reported as indirect. The Class A ordinary shares are held by Techwolf Limited, a British Virgin Islands company whose entire interest is held by a trust established by Mr. Zhao as settlor for the benefit of himself and his family.

How are Kanzhun Ltd (BZ) Class A ordinary shares held in relation to ADSs?

The filing states that the Class A ordinary shares involved are held through American Depositary Shares (ADS) of Kanzhun Ltd, and that each ADS represents two Class A ordinary shares.

Were the Kanzhun Ltd (BZ) insider sales under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions, meaning the sales are not identified as occurring under a pre-arranged trading plan in this filing.

What is Zhao Peng Jonathan’s role at Kanzhun Ltd (BZ) as reported in this Form 4?

The reporting person, Zhao Peng Jonathan, is identified as a director, chief executive officer, and more than ten percent owner of Kanzhun Ltd.

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

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Learn about SEC filing dates
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*
Zhao Peng Jonathan

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
[HKEX: 2076]
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
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)09/10/2026S384,000D$8.1784(2)3,183,680IBy Techwolf Limited(3)
Class A ordinary shares(1)09/11/2026S359,600D$8.2806(4)2,824,080IBy Techwolf 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 weighted average sales price. The shares were sold at prices ranging from $8.0375 to $8.2975. 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.
3. By Techwolf Limited, a British Virgin Islands company. The entire interest in Techwolf Limited is held by a trust established by Mr. Peng Zhao as the settlor for the benefit of Mr. Zhao and his family.
4. Represents weighted average sales price. The shares were sold at prices ranging from $8.19 to $8.455. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
/s/ Peng Zhao09/14/2026
** 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)

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