Kanzhun Ltd director and president Xu Chen reported an equity award vesting and option-style exercise. On March 20, 2026, he exercised 4,702 restricted share units, receiving 4,702 Class A ordinary shares at a conversion price of $0.00 per share.
After this transaction, he directly holds 153,054 Class A ordinary shares. He also has indirect ownership of 184,522 Class A ordinary shares through KZBZ Limited, an employee shareholding trust benefiting employees including Xu Chen. The shares are held in the form of American Depositary Shares, with each ADS representing two Class A ordinary shares.
Kanzhun Ltd director Mu Yang reported an RSU vesting and related share sale. On March 20, 2026, Yang exercised 3,910 restricted share units, receiving the same number of Class A ordinary shares, which are held through ADSs where each ADS represents two Class A ordinary shares.
On the same date, Yang sold 510 Class A ordinary shares at a weighted-average price of $6.6798 in a sell-to-cover transaction to satisfy tax withholding obligations tied to the RSU vesting. After these transactions, Yang directly owned 58,528 Class A ordinary shares.
Kanzhun Ltd Chief Technology Officer Kylen Tao Zhang reported the vesting of restricted share units that converted into 27,450 Class A ordinary shares on March 20, 2026. These shares were acquired in the form of American Depositary Shares, with each ADS representing two Class A ordinary shares.
Following this compensation-related RSU vesting, Zhang holds 69,450 Class A ordinary shares directly. In addition, a further 1,205,876 Class A ordinary shares are held indirectly through KZBZ Limited, an employee shareholding trust benefiting employees including Zhang. No open-market purchases or sales were reported in this filing.
Kanzhun Ltd director WANG Xiehua reported an option-style RSU vesting and a small related share sale. On March 20, 2026, 1,504 restricted share units vested, each converting into one Class A ordinary share, held through American Depositary Shares where each ADS represents two Class A ordinary shares.
On the same date, 116 Class A ordinary shares were sold at $6.7025 per share in a sell-to-cover transaction to pay tax withholding tied to the RSU vesting. After these transactions, WANG Xiehua directly held 485,988 Class A ordinary shares. This combination of RSU vesting and limited tax-related selling is a routine compensation event rather than a large discretionary trade.
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.
Kanzhun Limited reported granting 2,897,640 share awards in the form of RSUs, representing the same number of Class A Ordinary Shares, to 70 employees under its Post-IPO Share Scheme on March 21, 2026. The awards have an issue price of nil per share, with the Class A Ordinary Shares closing at HK$52.45 per share on March 20, 2026, the last trading day before the grant date.
About 67.34% of the RSUs vest 50% on the second anniversary of grant, then 25% on each of the third and fourth anniversaries. Around 32.66% vest in equal portions over the first to fourth anniversaries. Roughly 98.60% of the awards are subject to performance evaluations by the group, and a clawback mechanism applies. The awards will be satisfied using Class A Ordinary Shares held by the ADS depositary. Following these grants, 48,758,000 Class A Ordinary Shares remain available for future grants under the scheme mandate limit.