Li-Lan Cheng - 18 Mar 2026 Form 3 Insider Report for Zhihu Inc. (ZH)

Role: Director
Signature: /s/ Li-Lan Cheng
Issuer symbol: ZH
Transactions as of: 18 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 18 Mar 2026, 09:00:22 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cheng Li-Lan	Director	296 ORCHID GARDEN , 18 XINJIN ROAD,, CHAOYANG DISTRICT, BEIJING, CHINA	/s/ Li-Lan Cheng	18 Mar 2026	0002114121

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ZH	Restricted Share Unit							18 Mar 2026	Class A Ordinary Shares	135,468		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted share units ("RSUs") were granted on May 27, 2025, 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.
F2	Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer.