[144] zSpace, Inc. Common stock SEC Filing

Rhea-AI Filing Summary

On July 14, 2025, insider Michael S. Harper filed a Form 144 for zSpace, Inc. (ZSPC), signaling intent to sell 2,197 common shares through Fidelity Brokerage Services on Nasdaq. The shares carry an aggregate market value of $6,085.69 and originate from restricted stock that vested on July 11, 2025. With 22,881,681 shares outstanding, the planned disposition represents roughly 0.01 % of the public float. The filer also disclosed a prior sale of 2,108 shares on July 11, 2025 for $5,814.50. No additional financial, operational, or strategic information about the issuer accompanies this routine notice.

Insights

Securities Analyst

TL;DR Small Form 144 insider sale (~0.01 % float); unlikely to affect ZSPC share price materially.

The filing outlines a proposed sale of 2,197 shares—an immaterial fraction of the company’s 22.9 million shares outstanding. At just over $6,000, the transaction appears routine, stemming from restricted-stock vesting rather than strategic divestment. Volume and value are too low to imply changing sentiment or liquidity pressure. As no new operating data or guidance is provided, I classify the event as informational only, with negligible market impact.

Corporate Governance Expert

TL;DR Insider follows Rule 144 disclosure; sale size trivial, governance posture intact.

The notice demonstrates procedural compliance with Rule 144. The representation that the insider holds no undisclosed adverse information maintains governance integrity. Absence of a 10b5-1 plan mention suggests discretionary timing, yet the minuscule scale (<0.01 % of outstanding) mitigates potential governance concerns. I view the filing as standard practice, not indicative of broader strategic or control shifts.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2197	6085.69	22881681	07/14/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/11/2025	Restricted Stock Vesting	Issuer			2197	07/11/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael S. Harper 55 Nicholson Lane San Jose CA 95134	Common	07/11/2025	2108	5814.50

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many zSpace (ZSPC) shares are proposed for sale in the Form 144?

The filing covers 2,197 common shares of zSpace, Inc.

What is the aggregate market value of the shares to be sold?

The shares are valued at $6,085.69 based on market pricing in the notice.

When is the expected sale date for the shares?

The approximate sale date listed is July 14, 2025.

How many zSpace shares are outstanding according to the filing?

The Form 144 states 22,881,681 shares outstanding.

Has the insider sold zSpace shares recently?

Yes. 2,108 shares were sold on July 11, 2025 for $5,814.50.

Which broker will handle the sale of the shares?

The transaction will be executed through Fidelity Brokerage Services LLC.