SEC Form 4 · accession 0001104659-26-075120
Kanzhun Ltd · BZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xu Chen
Officer — President · Director
Period of report
Jun 15, 2026
Accepted (ET)
Jun 17, 2026 · 4:03 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001842827
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A ordinary sharesF1,F2 | Jun 16, 2026 | M | 370 | — | A | 153,424 | D | |
| Class A ordinary sharesF1,F3 | Jun 16, 2026 | S | 84 | $6.825 | D | 153,340 | D | |
| Class A ordinary sharesF4 | holding | — | — | — | 184,522 | I | By KZBZ Limited |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF5,F6 | — | Jun 15, 2026 | A | 932,434 | A | — | — | Class A ordinary shares | 932,434 | 932,434 | D |
| Restricted Share UnitF5,F7 | — | Jun 16, 2026 | M | 370 | D | — | — | Class A ordinary shares | 370 | 0 | D |
Explanation of responses
- F1These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares.
- F2Represents Class A ordinary shares acquired in the form of ADS upon the vesting of restricted share units ("RSU") on June 16, 2026.
- F3The shares were sold in a "sell-to-cover" transaction to cover tax withholding obligations in connection with the vesting and settlement of the RSUs.
- F4The shares of KZBZ Limited are held by Maples Trustee Services (Cayman) Limited as trustee of an employee shareholding trust, for the benefit of employees including Mr. Xu Chen.
- F5Each RSU represents a contingent right to receive one Class A ordinary share at settlement.
- F6This restricted share unit award was granted on June 15, 2026, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement.
- F7The RSUs vested on June 16, 2026.