zSpace (ZSPC) awards 13,441 RSUs to company director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. director Amit S. Jain reported receiving a grant of 13,441 Restricted Stock Units (RSUs) that convert into an equal number of shares of common stock. The RSUs vest in four equal quarterly installments starting on July 1, 2026, with each vesting date requiring Mr. Jain to remain in continuous service with the company. The award was granted under zSpace’s 2024 Equity Incentive Plan and the board’s annual compensation policy, reflecting stock-based compensation rather than any open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JAIN AMIT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,441 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,441 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 13,441 units
Shares underlying RSUs: 13,441 shares
Post-transaction RSU holdings: 13,441 units
+1 more
4 metrics
RSUs granted
13,441 units
Award of Restricted Stock Units to director on April 1, 2026
Shares underlying RSUs
13,441 shares
Common stock issuable upon vesting of RSUs
Post-transaction RSU holdings
13,441 units
Total RSUs held by the reporting person after the grant
Vesting commencement date
July 1, 2026
First of four equal quarterly vesting dates for the RSUs
Key Terms
Restricted Stock Units, 2024 Equity Incentive Plan, continuous service, annual compensation policy
4 terms
Restricted Stock Units financial
"The Restricted Stock Units (the "RSUs") reported herein shall vest in four (4) equal quarterly installments"
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.
2024 Equity Incentive Plan financial
"granted to the reporting person by the board of directors of the Company pursuant to (i) the Company's 2024 Equity Incentive Plan"
continuous service financial
"provided that the reporting person remains in continuous service with zSpace, Inc. (the "Company") through each applicable vesting date"
annual compensation policy financial
"pursuant to (i) the Company's 2024 Equity Incentive Plan and (ii) the Company's board of directors annual compensation policy"
FAQ
What insider transaction did zSpace (ZSPC) report for Amit S. Jain?
zSpace reported that director Amit S. Jain received a grant of 13,441 Restricted Stock Units. These RSUs are a form of stock-based compensation and will convert into an equal number of common shares as they vest over time, subject to service conditions.
How many Restricted Stock Units were granted to the zSpace (ZSPC) director?
The director received 13,441 Restricted Stock Units. Each RSU represents the right to receive one share of zSpace common stock upon vesting, giving the director potential ownership of 13,441 shares if all service-based vesting conditions are fully satisfied.
What is the vesting schedule for the 13,441 RSUs at zSpace (ZSPC)?
The 13,441 RSUs vest in four equal quarterly installments. Vesting begins on July 1, 2026 and continues on the same calendar day of each successive quarter, as long as the director remains in continuous service with zSpace through each vesting date.
Is the RSU grant to the zSpace (ZSPC) director an open-market stock purchase?
No. The RSU grant is a compensation award, not an open-market stock purchase. The director did not pay a purchase price per share, and the RSUs were granted by the board under the 2024 Equity Incentive Plan and annual compensation policy.
What conditions must be met for the zSpace (ZSPC) RSUs to vest?
For each quarterly vesting date, the director must remain in continuous service with zSpace. If he continues serving the company through each vesting date starting July 1, 2026, the RSUs will progressively convert into shares of common stock.