Kanzhun Ltd reported that entity Techwolf Limited, associated with Chief Executive Officer Jonathan Zhao Peng, sold a total of 128,000 Class A ordinary shares in open-market transactions. The sales occurred on March 18 and 19, 2026 at weighted average prices of $6.9837 and $6.7455 per share.
The transactions were executed under a Rule 10b5-1 trading plan adopted on September 30, 2025. After these trades, Techwolf Limited holds 512,000 Class A ordinary shares and 126,526,401 Class B ordinary shares indirectly. The Class A shares are held through ADSs, with each ADS representing two Class A ordinary shares.
BZ submitted a Form 144 reporting proposed sales of Class A Ordinary Shares and American Depositary Shares on 03/20/2026. The notice lists 11,000 American Depositary Shares (each representing two Class A Ordinary Shares) and 22,000 Class A Ordinary Shares tied to employee equity awards and services rendered. The sales are listed in connection with Nasdaq trading and reference Futu Securities International (Hong Kong) Limited as the broker/dealer address in the filing excerpt.
Kanzhun Ltd director Yu Haiyang has filed an initial insider ownership report indicating no securities beneficially owned. The filing shows total holdings of 0 shares following the reported position, meaning the director currently reports no direct ownership stake in Kanzhun Ltd common equity.
KANZHUN LIMITED, operator of BOSS Zhipin, reported strong 2025 results with revenues of RMB8,267.5 million, up 12.4% year over year. Income from operations more than doubled to RMB2,464.1 million, reflecting sharply lower operating costs as a share of revenue and reduced share-based compensation.
Net income rose 71.7% to RMB2,690.5 million, while adjusted net income reached RMB3,602.5 million, up 32.9%. Operating cash flow for 2025 was RMB4,552.4 million, and cash, time deposits and short-term investments totaled RMB19,945.3 million as of December 31, 2025, giving the company a sizeable net cash position.
The board approved a new capital return framework. For each of the next three years starting from 2026, at least 50% of adjusted net income from the prior year is expected to be allocated to dividends and share repurchases, subject to board discretion. The share repurchase authorization was also increased to up to US$400 million through August 28, 2027.
For the first quarter of 2026, the company expects revenues between RMB2.05 billion and RMB2.085 billion, implying year-on-year growth of 6.6% to 8.4%. Management highlighted continued user growth, especially in blue-collar and lower-tier city segments, and emphasized AI product deployment as a key driver of efficiency and monetization.
Kanzhun Ltd director Li Yan (Andy) filed an initial statement of beneficial ownership. He reports holding 12,636 Class A ordinary shares, which are held through American Depositary Shares where each ADS represents two Class A ordinary shares. He also holds 4,212 restricted share units, each representing a contingent right to receive one Class A ordinary share at settlement, with these RSUs granted on December 15, 2025 and vesting in equal portions on the grant date and the first anniversary.
Kanzhun Ltd director Liu Hongyu has filed an initial ownership report showing direct holdings in the company. The filing lists 4,212 Class A ordinary shares held directly, through American Depositary Shares where each ADS represents two Class A ordinary shares.
The report also discloses 4,212 outstanding restricted share units, each representing a contingent right to receive one Class A ordinary share at settlement. These restricted share units were granted on June 15, 2025 and vest in equal portions on the grant date and the first anniversary, subject to the award terms.
Kanzhun Ltd director Mu Yang filed an initial ownership report, showing existing equity awards and share holdings. The filing lists an option to buy 20,876 Class A ordinary shares at an exercise price of $5.33 per share, expiring on June 1, 2031.
Mu Yang also holds multiple restricted share unit awards tied to Class A ordinary shares, including blocks of 170,000 and 160,000 units that vest over several years under prior grant agreements, plus 55,128 Class A ordinary shares held directly, some through ADSs where each ADS represents two Class A shares.
Kanzhun Ltd director Wang Xiehua has filed an initial ownership report showing a mix of common shares, options, and restricted share units tied to Class A ordinary shares. Wang directly holds 484,600 Class A ordinary shares, which are held through American Depositary Shares, with each ADS representing two Class A ordinary shares.
The filing lists fully vested options to buy 250,000 and 32,130 Class A ordinary shares at an exercise price of $3.0807 per share, expiring on December 1, 2030 and February 27, 2030, respectively. It also shows two restricted share unit awards covering 150,000 and 1,504 Class A ordinary shares that were granted in March 2022 and June 2022 and vest in four equal annual installments.
Kanzhun Ltd director and Chief Executive Officer Zhao Peng Jonathan filed an initial Form 3 reporting his indirect holdings in the company. Through Techwolf Limited, a British Virgin Islands company, he indirectly holds 126,526,401 Class B ordinary shares and 640,000 Class A ordinary shares. The Class A ordinary shares are held through American Depositary Shares, with each ADS representing two Class A ordinary shares, reflecting his and his family’s beneficial interests via a trust structure.
Kanzhun Ltd President Chen Xu has filed an initial ownership report detailing his existing equity interests in the company. He holds stock options over 1,309,000 Class A ordinary shares at an exercise price of $0.5000 per share, plus additional options over 72,000, 30,000 and 10,000 Class A ordinary shares at exercise prices of $3.0807, $1.5600 and $0.7130, respectively. All options have fully vested and are exercisable as of the filing date.
Chen also holds outstanding restricted share units covering 100,000, 370 and 4,702 Class A ordinary shares, each vesting in equal portions over four years from grant dates in 2022. Each restricted share unit represents a contingent right to receive one Class A ordinary share at settlement. In addition, he directly owns 148,352 Class A ordinary shares and has indirect ownership of 184,522 Class A ordinary shares through KZBZ Limited, whose shares are held in an employee shareholding trust. These Class A ordinary shares are held through American Depositary Shares, with each ADS representing two Class A ordinary shares.