SEC Form 4 · accession 0001104659-26-107050
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 10, 2026
Accepted (ET)
Sep 11, 2026 · 4:01 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 10, 2026 | M | 200,000 | $0.50 | A | 353,340 | D | |
| Class A ordinary sharesF1,F2 | Sep 10, 2026 | S | 200,000 | $8.15 | D | 153,340 | D | |
| Class A ordinary sharesF3 | 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)F4 | $0.50 | Sep 10, 2026 | M | 200,000 | D | — | Feb 18, 2031 | Class A ordinary shares | 200,000 | 709,000 | 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.
- F3The 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.
- F4All options granted have been fully vested and are exercisable as of the date hereof.