ZH · Insider Trading

Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares

Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Every open-market purchase and sale reported by ZH officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings

most recent

Open-Market Buys

code P

Sales

code S

Reporting Insiders

current holders

ZH — Recent Form 4 Transactions (latest 2026-07-30)

Filed	Insider	Role	Type	Shares	Value
2026-07-30	Yuan Zhou	Chief Executive Officer	J	—	—
2026-06-12	Derek Chen	Director	A	+135,468 deriv.	—
2026-06-12	Li-Lan Cheng	Director	MIXED	+34,227	+$1.36K
2026-06-12	Hope Ni	Director	A	+33,867	+$339
2026-04-21	Han Wang	Chief Financial Officer	A	+330,000	+$3.30K

ZH — Current Insider Holders

Insider	Role	Shares Held	Value
Yuan Zhou	Chief Executive Officer	14,862,319	$39.53M
Han Wang	Chief Financial Officer	2,830,000	$7.53M
Hope Ni	Director	43,867	$116.69K
Li-Lan Cheng	Director	33,507	$89.13K

ZH Insider Trading FAQ

Who are the insiders at ZH?

4 officers, directors and 10%+ beneficial owners currently report holdings in ZH via SEC Form 4.

Are ZH insiders buying or selling?

Across the 5 most recent Form 4 filings for ZH, 0 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is ZH insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent ZH filing is dated 2026-07-30.

How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the ZH quote page; the site-wide leaderboard is on the insider transactions hub.