Kanzhun (BZ) deputy CFO exercises RSUs and sells 20 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kanzhun Ltd deputy chief financial officer Wang Wenbei reported routine equity compensation activity. On March 20, 2026, RSUs were exercised, delivering 4,308 Class A ordinary shares, which are held through American Depositary Shares where each ADS represents two Class A ordinary shares.
On the same date, 20 Class A ordinary shares were sold at $6.6849 per share in a sell-to-cover transaction to satisfy tax withholding obligations tied to the RSU vesting. After these transactions, Wang directly holds 70,160 Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20 shares ($134)
Net Sell
3 txns
Insider
Wang Wenbei
Role
Deputy Chief Financial Officer
Sold
20 shs ($133.70)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 4,308 | $0.00 | -- |
| Exercise | Class A ordinary shares | 4,308 | $0.00 | -- |
| Sale | Class A ordinary shares | 20 | $6.6849 | $133.70 |
Holdings After Transaction:
Restricted Share Unit — 0 shares (Direct);
Class A ordinary shares — 70,180 shares (Direct)
Footnotes (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 March 20, 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 March 20, 2026.
FAQ
What insider transactions did Kanzhun (BZ) deputy CFO report?
Deputy CFO Wang Wenbei exercised restricted share units into 4,308 Class A ordinary shares and sold 20 shares at $6.6849 each to cover tax withholding obligations related to the RSU vesting and settlement.
What does the RSU exercise mean for Kanzhun (BZ) deputy CFO compensation?
The RSU exercise shows part of the deputy CFO’s equity-based compensation vesting into 4,308 Class A ordinary shares on March 20, 2026, aligning his interests with shareholders by increasing his direct stake in Kanzhun through stock-based awards.