Form 4 for ZH Zhihu Inc.

Accepted 2026-06-12 09:03:12 ET · period of report 2026-05-27 · accession 0001104659-26-073251 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2026-06-12 09:03	2026-05-27	ZH	Ni Hope	Dir	A - Grant	$0.01	+33.9K	43.9K	+339%	+$338.67
D	2026-06-12 09:03	2026-05-27	ZH	Ni Hope	Dir	M - OptEx	$0.01	-33.9K	101.6K	-25%	-$338.67

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Ordinary Shares	2026-05-27	A	A	33,867	$0.01	43,867	D	—	—	(F1) Represents the vesting of 33,867 restricted share units ("RSUs") out of an original grant of 135,468 RSUs (25% of the RSUs shall vest on each of the first, second, third, and fourth anniversaries of the grant date, subject to the Reporting Person's continued service on the Board through each such vesting date).
2	Derivative	Restricted Share Unit	2026-05-27	M	D	33,867	$0.01	101,601	D	— · — to —	33,867 Class A Ordinary Shares	(F2) Each restricted share unit represents the contingent right to receive one Class A ordinary share. (F1) Represents the vesting of 33,867 restricted share units ("RSUs") out of an original grant of 135,468 RSUs (25% of the RSUs shall vest on each of the first, second, third, and fourth anniversaries of the grant date, subject to the Reporting Person's continued service on the Board through each such vesting date). (F1) Represents the vesting of 33,867 restricted share units ("RSUs") out of an original grant of 135,468 RSUs (25% of the RSUs shall vest on each of the first, second, third, and fourth anniversaries of the grant date, subject to the Reporting Person's continued service on the Board through each such vesting date).