CHEN XU (President) sold 72.3% of their position (400K shares) of KANZHUN LTD on the open market
Open‑market sale worth $3.40M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 9/9/2026ACC: 0001104659-26-106302
-400K
Net shares
Net seller
$3.40M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
400K acquired · 800K disposed
Non-Derivative Transactions2
Class A ordinary shares
Direct
Shares
+400K
Price / share
$0.50
Trade value
$200K
% of position
260.9%
9/4/2026
153.34K→553.34K
Class A ordinary shares
Direct
Shares
−400K
Price / share
$8.50
Trade value
$3.40M
% of position
72.3%
9/4/2026
553.34K→153.34K
Total
Net shares
+0.00
Net value
-$3.20M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A ordinary shares Direct | 9/4/2026 | M · Option Exercise | +400K | $0.50 | $200K | 260.9% | 153.34K | 553.34K |
| Class A ordinary shares Direct | 9/4/2026 | S · Sale | −400K | $8.50 | $3.40M | 72.3% | 553.34K | 153.34K |
| Total | +0.00 | -$3.20M | ||||||
Derivative Transactions1
Option (Right to Buy)
Direct
Converts to
Class A ordinary shares
400K shares
Shares
−400K
Strike price
0.5
Held after
909K
Exercisable
—
9/4/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option (Right to Buy) Direct | Class A ordinary shares400K shares | 9/4/2026 | M · Option Exercise | −400K | 0.5 | — | 909K |
Non-Derivative Holdings (Post-Transaction)1
Class A ordinary shares
IndirectShares owned184.52K
Total
184.52K indirect184.52K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A ordinary shares | 184.52K | Indirect |
| Total | 184.52K | 184.52K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported