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Zhihu Inc. Chief Financial Officer Wang Han received 330,000 Class A ordinary shares as an equity award. These shares were acquired at $0.01 per share when restricted share units (RSUs) vested after their performance-based conditions were achieved on April 17, 2026.
This is a compensation-related grant, not an open-market purchase or sale, and it increased his direct holdings to 2,830,000 Class A ordinary shares.
Zhihu Inc. Chief Financial Officer Wang Han received 330,000 Class A ordinary shares as an equity award. These shares were acquired at $0.01 per share when restricted share units (RSUs) vested after their performance-based conditions were achieved on April 17, 2026.
This is a compensation-related grant, not an open-market purchase or sale, and it increased his direct holdings to 2,830,000 Class A ordinary shares.
Zhihu Inc. files its Form 20-F annual report for the year ended December 31, 2025, reporting revenues of RMB2,749,004 thousand and a net loss of RMB195,161 thousand. The report explains Zhihu’s variable interest entity structure in mainland China and highlights heavy reliance on VIEs, which generated 68.7% of 2025 revenue. It details significant legal and regulatory risks tied to PRC foreign investment limits, evolving data and cybersecurity rules, licensing requirements, and potential enforcement that could impair operations or even make Zhihu’s securities substantially less valuable. Zhihu also describes HFCAA-related delisting risks, cash flow constraints from PRC dividend and capital controls, and continued negative operating cash flow despite a sizeable cash balance and net assets.
Zhihu Inc. files its Form 20-F annual report for the year ended December 31, 2025, reporting revenues of RMB2,749,004 thousand and a net loss of RMB195,161 thousand. The report explains Zhihu’s variable interest entity structure in mainland China and highlights heavy reliance on VIEs, which generated 68.7% of 2025 revenue. It details significant legal and regulatory risks tied to PRC foreign investment limits, evolving data and cybersecurity rules, licensing requirements, and potential enforcement that could impair operations or even make Zhihu’s securities substantially less valuable. Zhihu also describes HFCAA-related delisting risks, cash flow constraints from PRC dividend and capital controls, and continued negative operating cash flow despite a sizeable cash balance and net assets.
Zhihu Inc. granted an aggregate of 1,530,309 restricted share units (RSUs) on April 15, 2026 to seven eligible employees under its 2022 Share Incentive Plan. These RSUs represent the same number of Class A Ordinary Shares and about 0.61% of total shares in issue on a one share one vote basis.
The RSUs have a 48‑month mixed vesting schedule, with tranches starting to vest after the first anniversary of the vesting commencement date and continuing in batches. Vesting is tied to performance targets, and any unachieved portion is forfeited. The grant price is US$0.01 per RSU, compared with market prices of HK$8.74 per Class A share in Hong Kong and US$3.40 per ADS in New York around the grant date.
The company states that the awards aim to align employee and shareholder interests and help attract and retain key talent. None of the grantees are directors, chief executives, substantial shareholders, or their associates, and no shareholder approval is required for these grants.
Zhihu Inc. granted an aggregate of 1,530,309 restricted share units (RSUs) on April 15, 2026 to seven eligible employees under its 2022 Share Incentive Plan. These RSUs represent the same number of Class A Ordinary Shares and about 0.61% of total shares in issue on a one share one vote basis.
The RSUs have a 48‑month mixed vesting schedule, with tranches starting to vest after the first anniversary of the vesting commencement date and continuing in batches. Vesting is tied to performance targets, and any unachieved portion is forfeited. The grant price is US$0.01 per RSU, compared with market prices of HK$8.74 per Class A share in Hong Kong and US$3.40 per ADS in New York around the grant date.
The company states that the awards aim to align employee and shareholder interests and help attract and retain key talent. None of the grantees are directors, chief executives, substantial shareholders, or their associates, and no shareholder approval is required for these grants.
Zhihu Inc. director Yu Bing Peter filed an initial Form 3, which is a required statement of beneficial ownership for insiders. The filing shows no reported purchases, sales, option exercises, gifts, or other transactions, and no derivative positions or holdings are listed in the provided data.
Zhihu Inc. director Yu Bing Peter filed an initial Form 3, which is a required statement of beneficial ownership for insiders. The filing shows no reported purchases, sales, option exercises, gifts, or other transactions, and no derivative positions or holdings are listed in the provided data.
Zhihu Inc. filed a report announcing that its board of directors will meet on March 25, 2026. At this meeting, the board plans to consider and approve the company’s unaudited quarterly results for the three months ended December 31, 2025, and its unaudited annual results for the year ended December 31, 2025.
Management will host an earnings conference call on March 25, 2026 at 7:00 A.M. U.S. Eastern Time, which is 7:00 P.M. Beijing/Hong Kong Time. Participants are required to pre-register online to receive dial-in details and a unique access PIN.
Zhihu Inc. filed a report announcing that its board of directors will meet on March 25, 2026. At this meeting, the board plans to consider and approve the company’s unaudited quarterly results for the three months ended December 31, 2025, and its unaudited annual results for the year ended December 31, 2025.
Management will host an earnings conference call on March 25, 2026 at 7:00 A.M. U.S. Eastern Time, which is 7:00 P.M. Beijing/Hong Kong Time. Participants are required to pre-register online to receive dial-in details and a unique access PIN.