RSU grants deliver 2,040 zSpace (NASDAQ: ZSPC) shares to company officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. officer Michael S. Harper acquired shares through vesting of restricted stock units (RSUs). On July 1, 2026, RSUs previously granted on April 1, 2025 and April 1, 2026 under the 2024 Equity Incentive Plan vested into a total of 2,040 shares of Common Stock.
The Form 4 shows 1,360 and 680 Common Stock shares acquired at a price of $0.0000 per share via derivative exercises. Footnotes explain all share and unit amounts reflect a 1-for-25 reverse stock split effective April 20, 2026.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting; compensation-driven share acquisition, not an open-market trade.
The transactions show Michael S. Harper receiving 2,040 zSpace Common Stock shares as his RSUs vested and were converted. Code M and a $0.0000 price indicate a derivative exercise, typical for equity awards rather than market purchases.
Footnotes tie these RSUs to grants made on April 1, 2025 and April 1, 2026 under the 2024 Equity Incentive Plan, later adjusted for a 1-for-25 reverse split effective April 20, 2026. With no sales or tax-withholding entries, this looks like standard compensation vesting.
Because there are no open-market buys or sales and no remaining derivative positions listed, the informational value for outside investors is limited. It mainly confirms ongoing use of stock-based pay and the completion of vesting for these specific RSU grants.
Insider Trade Summary
2,040 shares exercised/converted
Mixed
4 txns
Insider
HARPER MICHAEL S
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 680 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,360 | $0.00 | -- |
| Exercise | Common Stock | 680 | $0.00 | -- |
| Exercise | Common Stock | 1,360 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,200 shares (Direct, null);
Common Stock — 2,593 shares (Direct, null)
Footnotes (1)
- On April 1, 2025, the board of directors of the Company granted the reporting person the restricted stock units reported herein (the "RSUs") under the Company's 2024 Equity Incentive Plan. The number of RSUs has been adjusted to reflect the Company's 1-for-25 reverse stock split effective April 20, 2026. The RSUs vested into shares of Common Stock on July 1, 2026. Share and unit amounts reflect the Company's 1-for-25 reverse stock split effective April 20, 2026. On April 1, 2026, the board of directors of the Company granted the reporting person the restricted stock units reported herein (the "RSUs") under the Company's 2024 Equity Incentive Plan. The number of RSUs has been adjusted to reflect eh Company's 1-for-25 reverse stock split effective April 20, 2026. The RSUs vested into shares of Common Stock on July 1, 2026.
Key Figures
Common shares from first RSU vest: 1,360 shares
Common shares from second RSU vest: 680 shares
Total shares from RSU exercises: 2,040 shares
+3 more
6 metrics
Common shares from first RSU vest
1,360 shares
Common Stock acquired via derivative exercise on July 1, 2026
Common shares from second RSU vest
680 shares
Common Stock acquired via derivative exercise on July 1, 2026
Total shares from RSU exercises
2,040 shares
ExerciseShares in transaction summary across two derivative transactions
Reverse stock split ratio
1-for-25
Reverse stock split effective April 20, 2026 affecting all share amounts
Post-transaction RSU balance (first line)
8,840 units
Restricted Stock Units total shares following transaction on one derivative line
Post-transaction RSU balance (second line)
10,200 units
Restricted Stock Units total shares following transaction on second derivative line
Key Terms
Restricted Stock Units, reverse stock split, Equity Incentive Plan, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
""Restricted Stock Units" transactions vesting into shares of Common Stock"
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.
reverse stock split financial
"reflect the Company's 1-for-25 reverse stock split effective April 20, 2026"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Equity Incentive Plan financial
"under the Company's 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
derivative exercise/conversion financial
"transaction_action":"derivative exercise/conversion""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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 did Michael S. Harper report in this zSpace (ZSPC) Form 4?
He reported RSU vesting that delivered 2,040 zSpace Common Stock shares. The filing shows two derivative exercises converting restricted stock units into 1,360 and 680 shares, reflecting standard equity compensation rather than open-market buying or selling.
Were the zSpace (ZSPC) transactions open-market buys or sales?
No, the transactions were derivative exercises coded “M,” not open-market trades. RSUs granted under the 2024 Equity Incentive Plan vested into Common Stock at a stated price of $0.0000 per share, typical for stock-based compensation awards.
When were the RSUs in this zSpace (ZSPC) Form 4 originally granted?
The RSUs were granted on April 1, 2025 and April 1, 2026. Footnotes state these awards were issued under zSpace’s 2024 Equity Incentive Plan and later adjusted for the company’s 1-for-25 reverse stock split effective April 20, 2026.
How did zSpace’s reverse stock split affect the RSU amounts in this Form 4?
All share and unit amounts were adjusted for a 1-for-25 reverse stock split effective April 20, 2026. Footnotes explain that both RSU grants and resulting Common Stock figures in the Form 4 reflect this split-adjusted share count.