SEC Form 4 · accession 0001104659-26-106302
Kanzhun Ltd · BZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xu Chen
Officer — Chief Marketing Officer · Director
Period of report
Sep 4, 2026
Accepted (ET)
Sep 9, 2026 · 4:02 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 | Sep 4, 2026 | M | 400,000 | $0.50 | A | 553,340 | D | |
| Class A ordinary sharesF1,F2,F3 | Sep 4, 2026 | S | 400,000 | $8.50 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F5 | $0.50 | Sep 4, 2026 | M | 400,000 | D | — | Feb 18, 2031 | Class A ordinary shares | 400,000 | 909,000 | 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 sold in the form of ADS in connection with the cashless exercise of the Options reported on this Form 4.
- F3Represents weighted average sales price. The shares were sold at prices ranging from $8.47 to $8.535. The Reporting Person will provide upon request, to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- 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.
- F5All options granted have been fully vested and are exercisable as of the date hereof.