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BZKanzhun Ltd · Insider ownership research

Kanzhun Ltd insiders sold $123M in the past 12 months. How much of their stake is that?

Insiders sold $123M in the past 12 months.1% was sold under disclosed trading plans, 1% to cover taxes, 98% with no plan disclosed. The largest seller, Peng Zhao (Chief Executive Officer, Director), sold $117M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
$121M
sold with no plan disclosed, past 12 months
0.7%
of sales were under disclosed trading plans, past 12 months
6 of 10
officers and directors sold shares, past 12 months
Latest filing: Filed Sep 21 for a sale on Sep 21. Peng Zhao sold 15.17M shares ($110M) with no plan disclosed. Filing
SEC ownership filings: 34 filed in the 12 months to Oct 13, 2026; 34 on record since Mar 17, 2026 · See the evidence

What stands out

Two officers sold $121M with no disclosed plan: Peng Zhao ($116M) and Xu Chen ($5.0M). The filings don't state a reason.Peng Zhao: largest such sale, Sep 21, 2026 · Xu Chen: largest such sale, Sep 4, 2026
Selling picked up in the last 90 days: officers and directors sold 16.57M shares, against an average of 71K per 90 days earlier in the period. Most of it was Peng Zhao (15.91M shares in the last 90 days) and Xu Chen (600K shares in the last 90 days); 0% of these sales were under disclosed plans.Peng Zhao: largest recent sale, Sep 21, 2026 · Xu Chen: largest recent sale, Sep 4, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 10 are left out

i
Left out: Peng Zhao, Kylen Zhang, Xiehua WANG, Xu Chen, Wenbei Wang, Yang Mu, Yan Li, Yonggang Sun, Hongyu Liu and Haiyang YU (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Peng Zhao
Chief Executive Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$117M1% planned 99% no plan disclosed
Xu Chen
Chief Marketing Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$5.0M0.0% to cover taxes 100.0% no plan disclosed
Yang Mu
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$570KTo cover taxes
Xiehua WANG
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$487KTo cover taxes
Wenbei Wang
Deputy Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$6KTo cover taxes
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMar 2026: $879K under a disclosed planMar 2026: $123K to cover taxesMarAprMayJun 2026: $491K to cover taxesJunJulAugSep 2026: $453K to cover taxesSep 2026: $121M no plan disclosed$122MSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026
Sep 21, 2026Peng Zhao sold 15.17M shares ($110M) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Peng Zhao
Chief Executive Officer, Director
15,170,000$7.25n/an/aSep 21, 2026Sep 21, 2026
Sep 17, 2026Yang Mu sold 61K shares ($453K) to cover taxes on vesting stock. 123K shares came in from vesting or option exercises the same day, so the holding rose by 62K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Yang Mu
Director
60,704$7.46n/an/aSep 17, 2026Sep 18, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the Kanzhun Ltd CEO selling stock?

Yes. Peng Zhao sold 16.04M shares ($117M) in the past 12 months, 1% of it under a trading plan disclosed in the filings.

Why are Kanzhun Ltd insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 1% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 0.9% were to cover taxes and 98% had no disclosed plan. A trading plan schedules sales in advance.

Are any Kanzhun Ltd insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Peng Zhao
Chief Executive Officer, Director
$117M
16.04M shares
Not confirmed
share of stake is being verified. Why
1% under a disclosed plan 99% no plan disclosed
Xu Chen
Chief Marketing Officer, Director
$5.0M
600K shares
Not confirmed
share of stake is being verified. Why
0.0% to cover taxes 100.0% no plan disclosed
Yang Mu
Director
$570K
78K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Xiehua WANG
Director
$487K
71K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Wenbei Wang
Deputy Chief Financial Officer
$6K
834 shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Yonggang Sun
Director
$4K
548 shares
Not confirmed
share of stake is being verified. Why
To cover taxes
The full ownership picture0 of 10 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Peng Zhao
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Peng Zhao are complete.
Chief Executive Officer, Director
n/a−16.04Mn/an/a
Vesting, gifts, unvested awards and holding lines for Peng Zhao

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Peng Zhao are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Kylen Zhang
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kylen Zhang are complete.
Chief Technology Officer, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Kylen Zhang

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kylen Zhang are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
261,914$3.08Oct 16, 2030$1.1M

Estimate: options held × ($7.25 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Xiehua WANG
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Xiehua WANG are complete.
Director
n/a−71Kn/an/a
Vesting, gifts, unvested awards and holding lines for Xiehua WANG

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Xiehua WANG are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
250,000$3.08Dec 1, 2030$1.0M
32,130$3.08Feb 27, 2030$134K

Estimate: options held × ($7.25 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Xu Chen
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Xu Chen are complete.
Chief Marketing Officer, Director
n/a−600Kn/an/a
Vesting, gifts, unvested awards and holding lines for Xu Chen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Xu Chen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
709,000$0.50Feb 18, 2031$4.8M
72,000$3.08Oct 16, 2030$300K
30,000$1.56Dec 20, 2028$171K
10,000$0.71Aug 1, 2028$65K

Estimate: options held × ($7.25 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Wenbei Wang
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Wenbei Wang are complete.
Deputy Chief Financial Officer
n/a−834n/an/a
Vesting, gifts, unvested awards and holding lines for Wenbei Wang

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Wenbei Wang are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
75,000$5.33Jan 18, 2031$144K

Estimate: options held × ($7.25 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Yang Mu
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Yang Mu are complete.
Director
n/a−78Kn/an/a
Vesting, gifts, unvested awards and holding lines for Yang Mu

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Yang Mu are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
20,876$5.33Jun 1, 2031$40K

Estimate: options held × ($7.25 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Yan Li
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Yan Li are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Yan Li

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Yan Li are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Yonggang Sun
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Yonggang Sun are complete.
Director
n/a−548n/an/a
Vesting, gifts, unvested awards and holding lines for Yonggang Sun

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Yonggang Sun are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
4,212$0.00Jun 15, 2032$31K

Estimate: options held × ($7.25 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Hongyu Liu
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Hongyu Liu are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Hongyu Liu

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Hongyu Liu are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Haiyang YU
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Haiyang YU are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Haiyang YU

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Haiyang YU are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Kanzhun Ltd are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$123M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $123M across 16,792,652 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($122M), including tax-related sales outside a plan.

No plan disclosed · $121M

Sales with no 10b5-1 plan and no tax reference in the filing. $116M of it is Peng Zhao. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Peng Zhao, Sep 21, 2026

Taxes

$1.1M of sales (0.9%) cite tax obligations in their footnotes. Example: Yang Mu, Sep 17, 2026

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Peng Zhao
Chief Executive Officer, Director
16.04M$117M1%95%Mar 18, 2026 to Sep 21, 2026
Xu Chen
Chief Marketing Officer, Director
600K$5.0M0%4%Jun 16, 2026 to Sep 10, 2026
Yang Mu
Director
78K$570K0%0.5%Mar 20, 2026 to Sep 17, 2026
Xiehua WANG
Director
71K$487K0%0.4%Mar 20, 2026 to Jun 16, 2026
Wenbei Wang
Deputy Chief Financial Officer
834$6K0%0.0%Mar 20, 2026 to Mar 30, 2026
Yonggang Sun
Director
548$4K0%0.0%Jun 16, 2026 to Jun 16, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$1.0M$879K$123K$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$491K$0$491K$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$122M$0$453K$121M
Oct 2026$0$0$0$0
Known gaps and uncertainty10 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Kanzhun Ltd are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology34 filings on record, 34 filed in the 12-month period, and how we read them

All 34 Forms 3, 4 and 5 on record for Kanzhun Ltd (SEC CIK 1842827), filed from Mar 17, 2026 to Sep 21, 2026; 34 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.