Kanzhun deputy CFO exercises RSUs, small share sale
Kanzhun Ltd deputy chief financial officer Wang Wenbei reported routine equity compensation activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 4,308 | $0.00 | $0.00 |
| Exercise | Class A ordinary shares | 4,308 | $0.00 | $0.00 |
| Sale | Class A ordinary shares | 20 | $6.6849 | $133.70 |
Footnotes (5)
- 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 Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units ("RSU") on March 20, 2026.
- 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.
- F4. Each RSU represents a contingent right to receive one Class A ordinary share at settlement.
- F5. The RSUs vested on March 20, 2026.
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