Kanzhun (BZ) deputy CFO exercises RSUs and sells 20 shares

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.

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

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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^*

Wang Wenbei

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Deputy Chief Financial Officer

2a. Foreign Trading Symbol
[HKEX: 2076]

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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)	03/20/2026		M		4,308(2)	A	(2)	70,180	D
Class A ordinary shares(1)	03/20/2026		S		20(3)	D	$6.6849	70,160	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)	03/20/2026		M			4,308	(5)	(5)	Class A ordinary shares	4,308	$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 March 20, 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 March 20, 2026.

	/s/ Wenbei Wang	03/24/2026
	** 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)

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.

How many Kanzhun (BZ) shares did the deputy CFO acquire through RSU vesting?

Wang Wenbei acquired 4,308 Class A ordinary shares upon the vesting of restricted share units on March 20, 2026. Each RSU converted into one Class A ordinary share as part of Kanzhun’s equity compensation program.

Why were some Kanzhun (BZ) shares sold in this Form 4 filing?

The 20 Class A ordinary shares were sold in a sell-to-cover transaction to satisfy tax withholding obligations triggered by the vesting and settlement of restricted share units on March 20, 2026, rather than as a discretionary open-market sale.

What is the deputy CFO’s Kanzhun (BZ) shareholding after these transactions?

Following the RSU exercise and the small sell-to-cover sale, deputy CFO Wang Wenbei directly holds 70,160 Class A ordinary shares of Kanzhun Ltd, reflecting his updated ownership position after the March 20, 2026 equity compensation activity.

How are Kanzhun (BZ) shares held in relation to ADS in this Form 4?

The Class A ordinary shares reported are held through American Depositary Shares of Kanzhun. Each ADS represents two Class A ordinary shares, providing U.S. investors with an accessible way to hold interests in the company’s equity.

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.