[Form 4] zSpace, Inc. Common stock Insider Trading Activity

Rhea-AI Filing Summary

Form 4 highlights for zSpace, Inc. (ZSPC): Chief Executive Officer and Director Paul Kellenberger reported two open-market sales of the company’s common stock.

• Dates & Volume: 1,383 shares sold on 07/10/2025 and 1,384 shares sold on 07/11/2025, totaling 2,767 shares.
• Sale Prices: Weighted-average prices were $2.833 and $2.758, respectively; individual trades ranged from $2.720–$2.950.
• Purpose: Proceeds were used to cover tax obligations arising from a prior restricted-stock-unit (RSU) vesting (per footnote).
• Post-transaction ownership: Kellenberger retains 25,403 shares held directly.

No derivative security transactions were reported, and the filing was made as an individual report.

Positive

• None.

Negative

• Insider sale by CEO, albeit small, can be perceived cautiously by some investors despite stated tax-related purpose.

Insights

Securities Analyst

TL;DR: Minor CEO sale (~$7.7k) to cover taxes—immaterial signal.

The transaction involves only 2,767 shares, worth roughly $7,700 at the reported weighted-average prices. Footnotes clarify the sale was solely to satisfy tax liabilities from a previously disclosed RSU vesting, limiting concern about discretionary divestment. Post-sale holdings remain above 25k shares, indicating continued alignment with shareholders. From a market-impact standpoint, the volume is negligible relative to typical trading liquidity and does not represent a meaningful shift in insider sentiment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kellenberger Paul

(Last) (First) (Middle)

C/O ZSPACE, INC.

55 NICHOLSON LANE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
zSpace, Inc. [ ZSPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/10/2025		S		1,383(1)	D	$2.833(2)	26,787	D
Common Stock	07/11/2025		S		1,384(1)	D	$2.758(3)	25,403	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The securities reported herein were sold to cover the reporting person's tax obligations arising out of a prior vesting of restricted stock units, as originally reported by the reporting person in a Form 4 filed with the Securities and Exchange Commission (the "SEC") on July 2, 2025.

2. . The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.720 to $2.950, inclusive. The reporting person undertakes to provide to zSpace, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.700 to $2.860, inclusive.

	/s/ Paul Kellenberger	07/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

How many zSpace (ZSPC) shares did the CEO sell on 07/10/2025?

He sold 1,383 shares at a weighted-average price of $2.833.

What was the total number of ZSPC shares sold by the CEO in July 2025?

Across two days, he sold 2,767 shares of common stock.

Why did Paul Kellenberger sell ZSPC stock?

Footnotes state the sale covered tax obligations from a prior RSU vesting.

How many ZSPC shares does the CEO still own after the sale?

He directly owns 25,403 shares following the reported transactions.

Were any derivative securities involved in this Form 4?

No, the filing lists no derivative security transactions.