ESOPJun 16, 2026, 07:57 AM
Kanzhun Grants 550,498 Share Awards to 45 Employees
AI Summary
Kanzhun Ltd. granted an aggregate of 550,498 Class A Ordinary Share awards (RSUs) to 45 employees on June 15, 2026, under its Post-IPO Share Scheme. These awards are subject to various vesting periods and performance targets, with a portion also having a clawback mechanism. Additionally, the company reported the repurchase of 7,960,892 Class A Ordinary Shares between May 27 and June 15, 2026, and the exercise of 14,250 share options.
Key Highlights
- Kanzhun granted 550,498 Class A Ordinary Share awards (RSUs) to 45 employees on June 15, 2026.
- Awards vest over 2-4 years; 82.15% vest 50/25/25%, 17.85% vest equally annually.
- Approximately 84.87% of awards are performance-based, linked to employee evaluation.
- Company repurchased 7,960,892 Class A Ordinary Shares from May 27 to June 15, 2026.
- 14,250 share options were exercised on June 15, 2026, at $4.3435 per share.
- Issued shares increased to 819,446,941 as of June 15, 2026.
- 48,394,810 Class A Ordinary Shares remain available for future grants under the Post-IPO Share Scheme.
Price Impact
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