Zhang Kylen Tao 4

What Happened

• Kylen Tao, Chief Technology Officer and Director of Kanzhun Ltd (BZ), received a grant of 932,434 restricted stock units (RSUs) on June 15, 2026. The award is recorded as a derivative acquisition with an acquisition price of $0.00 (no cash paid). This is an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely).
• Award size: 932,434 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) Each RSU is a contingent right to receive one Class A ordinary share at settlement. (F2) The RSUs vest in equal portions over four years on each anniversary of the June 15, 2026 grant date, subject to the award agreement.
• No sale, purchase for cash, tax-withholding sale, or 10b5-1 plan is reported in this filing.

Context

• This is a standard long-term incentive grant (derivative award). RSUs do not represent immediate shares until they vest/settle; they are used to retain and incentivize executives and do not by themselves indicate buying or selling sentiment.