Zhao Peng Jonathan 4

4 · Kanzhun Ltd · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Kanzhun CEO Zhao Peng Sells 128,000 Shares

What Happened

Zhao Peng (CEO) sold a total of 128,000 shares in two open-market dispositions: 64,000 shares on 2026-03-18 at $6.98 each (proceeds $446,957) and 64,000 shares on 2026-03-19 at $6.75 each (proceeds $431,712), totaling about $878,669. These were sales (not purchases), executed under a pre-established Rule 10b5-1 trading plan.

Key Details

Transaction dates and prices:
- 2026-03-18: 64,000 shares @ $6.98 — $446,957 (weighted avg price range reported $6.8450–$7.2573)
- 2026-03-19: 64,000 shares @ $6.75 — $431,712 (weighted avg price range reported $6.6075–$6.8482)
Filing: Report filed with the SEC on 2026-03-20 covering the March trades; no late filing indicated in the provided data.
Ownership after transaction: Not specified in the provided details (see the Form 4 for exact post-sale holdings).
Notable footnotes:
- Sales were effected pursuant to a Rule 10b5-1 plan adopted by Mr. Zhao on September 30, 2025.
- Shares are held through American Depositary Shares (ADS); each ADS represents two Class A ordinary shares.
- The shares/ADS are held via Techwolf Limited (BVI), which is owned via a trust established for Mr. Zhao and his family.
- The filing provides weighted-average price ranges and notes that per-price breakdowns are available upon request to the SEC or issuer.

Context

Trades under a 10b5-1 plan are pre-arranged and typically scheduled in advance; they allow insiders to sell without contemporaneous trading decisions. Such sales are generally considered routine and do not by themselves indicate management sentiment about the company. For exact post-transaction holdings and any additional details, consult the full Form 4 (Accession No. 0001104659-26-032713).

Form 4

Period: 2026-03-18

DirectorChief Executive Officer10% Owner

Transactions

Sale
Class A ordinary shares
[F2][F3][F4][F1]
2026-03-18$6.98/sh−64,000$446,957→ 576,000 total(indirect: By Techwolf Limited)
Sale
Class A ordinary shares
[F2][F3][F5][F1]
2026-03-19$6.75/sh−64,000$431,712→ 512,000 total(indirect: By Techwolf Limited)

Holdings

Footnotes (5)

[F1]By Techwolf Limited, a British Virgin Islands company. The entire interest in Techwolf Limited is held by a trust established by Mr. Peng Zhao as the settlor for the benefit of Mr. Zhao and his family.
[F2]These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares.
[F3]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 30, 2025.
[F4]Represents weighted average sales price. The shares were sold at prices ranging from $6.8450 to $7.2573. 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.
[F5]Represents weighted average sales price. The shares were sold at prices ranging from $6.6075 to $6.8482. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Signature

/s/ Peng Zhao|2026-03-20

1 file