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Insider Cluster (2 insiders) ·Filed Mar 19, 2026

BZ

Kanzhun Ltd
BEARISH
Impact 7/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $432K total
Actionable Insight ▼ Bearish

Monitor for follow-up filings or commentary — significant CEO selling at this level may signal reduced conviction ahead of earnings or regulatory developments. Compare with prior quarters' insider activity for trend confirmation.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
BZ ▲ +5.97% at T+60d
SHORT call ✗ call lost -5.97% · α vs SPY +8.37% · entry $13.40 → $14.20
Entry = T+0 close
Mar 18, 2026
via day close
T+1d
+1.72%
call -1.72% · α -3.46%
$13.63
settled 7mo ago
T+5d
+1.12%
call -1.12% · α -3.33%
$13.55
settled 7mo ago
T+20d
+6.04%
call -6.04% · α +1.58%
$14.21
settled 6mo ago
T+60d
+5.97%
call -5.97% · α +8.37%
$14.20
settled 5mo ago

Price Chart

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Executive Summary

CEO Zhao Peng sold 128,000 shares for $878,668.80 in open-market transactions, while Deputy CFO Wang Wenbei exercised derivative securities and sold only 20 shares for $134. The cluster is dominated by the CEO's material selling, representing a notable insider divestiture.

Key Financial Metrics

Direction
selling
Total Value
$878.8K
Insiders
2

Key Facts

  • CEO Zhao Peng sold 128,000 shares across two days for $878,668.80 in open-market transactions
  • Deputy CFO Wang Wenbei exercised 8,616 derivative shares (non-cash) and sold only 20 shares for $134
  • Total open-market sales in cluster: $878,802.50
  • CEO's sales represent ~0.015% of company's $5.8B market cap
  • Sales occurred at prices between $6.68 and $6.98 per share

Financial Impact

$878,802 in open-market insider sales, with CEO accounting for 99.9% of total value

insider ownershipinvestor sentimentperceived confidence

Risk Factors

  • CEO selling could be for personal financial planning and not reflect company outlook
  • Lack of offsetting insider buying increases negative perception risk

Market Snapshot

Exchange
Nasdaq

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (5 trades, 7d window)cluster-BZ-1774382673085
97 reports for BZ
Performance horizon
100% Hit rate @ T+60 4 of 4 directional calls Went positive at some point 9 of 10 best @ T+1▲ +15.65%Aug 25, 2026
Filters
Rows
Reports for BZ — sortable, filterable
TypeNow
Oct 23, 2026
3d ago
6-K
NEUTRAL ★ 2/10
$16.46awaiting T+60—$16.66 (+1.22%)
Oct 21, 2026
5d ago
Institutional Cluster
BULLISH ★ 4/10
$16.41awaiting T+60—$16.66 (+1.52%)
Oct 7, 2026
19d ago
6-K
NEUTRAL ★ 2/10
$15.18awaiting T+60—$16.66 (+9.75%)
Oct 2, 2026
24d ago
6-K
NEUTRAL ★ 2/10
$14.83awaiting T+60—$16.66 (+12.34%)
Sep 22, 2026
4w ago
Press Release
NEUTRAL ★ 3/10
$14.28awaiting T+60—$16.66 (+16.63%)
Sep 21, 2026
5w ago
Press Release
BULLISH ★ 6/10
$14.82awaiting T+60—$16.66 (+12.42%)
Sep 18, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$14.44awaiting T+60—$16.66 (−15.37%)
Sep 18, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$13.92awaiting T+60—$16.66 (−19.70%)
Sep 14, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$14.49awaiting T+60—$16.66 (+14.96%)
Sep 11, 2026
6w ago
6-K
NEUTRAL ★ 3/10
$15.45awaiting T+60—$16.66 (+7.83%)
Showing 10 of 97

US Market Status

Market Closed — Opens Tue (15h 56m)

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Report published Mar 24, 2026