498 zSpace (ZSPC) shares withheld for officer’s tax obligations after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. officer Michael S. Harper reported a small tax-related share disposition. On the vesting of restricted stock units on July 1, 2026, the company withheld 498 shares of common stock at $0.206 per share to cover his tax obligations. According to the filing, no shares were sold by Harper, and he directly holds 3,454 shares after this withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HARPER MICHAEL S
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 498 | $0.206 | $102.59 |
Holdings After Transaction:
Common Stock — 3,454 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 498 shares
Withholding share value: $0.206 per share
Shares held after transaction: 3,454 shares
+2 more
5 metrics
Tax-withheld shares
498 shares
Common stock withheld for tax obligations
Withholding share value
$0.206 per share
Value applied to withheld shares
Shares held after transaction
3,454 shares
Direct holdings after tax withholding
Transaction date
July 6, 2026
Reported transaction date on Form 4
RSU vesting date
July 1, 2026
Vesting date of restricted stock units
Key Terms
restricted stock units, tax withholding obligations, 2024 Equity Incentive Plan, Form 4
4 terms
restricted stock units financial
"arising from the vesting on July 1, 2026 of restricted stock units granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to satisfy the reporting person's tax withholding obligations arising"
2024 Equity Incentive Plan financial
"restricted stock units granted under the Issuer's 2024 Equity Incentive Plan"
Form 4 regulatory
"as reported on the reporting person's Form 4 filed with the Securities"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did zSpace (ZSPC) report for Michael S. Harper?
Michael S. Harper reported a tax-related disposition of 498 zSpace common shares. The company withheld these shares to satisfy tax obligations from restricted stock unit vesting, and the filing explicitly states that no shares were sold by Harper in the market.
What equity plan is involved in Michael S. Harper’s zSpace (ZSPC) Form 4 filing?
The transaction relates to restricted stock units granted under zSpace’s 2024 Equity Incentive Plan. Shares were withheld to cover taxes when those restricted stock units vested on July 1, 2026, as described in the Form 4 footnote.