Kanzhun Limited (BOSS Zhipin-W) disclosed that on 15 September 2026 it awarded a total of 530,630 restricted share units (RSUs), equal to the same number of Class A ordinary shares, to nine employees under its Post-IPO Share Scheme.
The RSUs, issued at no cost to recipients, are to be settled with existing Class A ordinary shares held by the American Depositary Share (ADS) depositary. Based on the HK$60.20 closing price of the shares on the grant date, the awards represent an aggregate notional value of approximately HK$31.94 million (US$4.08 million).
Vesting mechanics: • About 77.48% of the awards vest 50% on the second anniversary of the grant date, 25% on the third anniversary and 25% on the fourth anniversary. • The remaining 22.52% vest in four equal tranches on each of the first through fourth anniversaries. • Approximately 81.83% of the total grant is performance-linked; the balance vests solely on continued employment.
A clawback clause allows Kanzhun to cancel or recoup vested shares if a grantee is terminated for cause, convicted of integrity-related offences, or commits serious misconduct or material breaches of the scheme rules.
The company stated that the awards aim to reward past contributions and align employee interests with long-term shareholder value. Following the transaction, 47.99 million Class A ordinary shares remain available for future grants under the Post-IPO Share Scheme.
All grantees are employees of the group; none is a director, chief executive, substantial shareholder, related-entity participant or service provider whose awards would trigger the individual or aggregate limits stipulated under Hong Kong Listing Rules.