Kanzhun CEO sells 743K shares around $8.2
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 Trade Summary
| 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 |
Footnotes (4)
- F1. These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares.
- 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.
- 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.
- 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.
Key Figures
Key Terms
weighted average sales price financial
settlor financial
ten percent owner financial
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?
Were the Kanzhun Ltd (BZ) insider sales made directly by the CEO?
Were the Kanzhun Ltd (BZ) insider sales under a Rule 10b5-1 trading plan?
What is Zhao Peng Jonathan’s role at Kanzhun Ltd (BZ) as reported in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.