zSpace, Inc. (ZSPC) CEO exercises RSUs and receives new grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

zSpace, Inc. Chief Executive Officer Paul Kellenberger reported equity compensation activity involving restricted stock units and common shares. He exercised 33,500 RSUs into 33,500 shares of common stock at no cash exercise price, increasing his direct common stock holdings to 98,285 shares.

He also received a new award of 268,000 RSUs that will vest in four equal quarterly installments, beginning on July 1, 2026, so long as he remains in continuous service. After these grants and exercises, he directly holds 402,000 RSUs in addition to his common stock position.

Insider Trade Summary

33,500 shares exercised/converted

Mixed 3 txns

Insider Kellenberger Paul

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	33,500	$0.00	--
Grant/Award	Restricted Stock Units	268,000	$0.00	--
Exercise	Common Stock	33,500	$0.00	--

Holdings After Transaction: Restricted Stock Units — 134,000 shares (Direct); Common Stock — 98,285 shares (Direct)

Footnotes (1)

On April 1, 2025, the reporting person was awarded the Restricted Stock Units (the "RSUs") reported herein, which RSUs vested into shares of Common Stock on April 1, 2026. Such RSUs were granted to the reporting person by the board of directors of the Company pursuant to the Company's 2024 Equity Incentive Plan. The RSUs reported herein shall vest in four (4) equal quarterly installments, commencing on July 1, 2026, and continuing on the same calendar day of each successive quarter thereafter (each a "Vesting Date"), provided that the reporting person remains in continuous service with the Company through each applicable Vesting Date. The number of shares vesting on each Vesting Date shall be equal to 25.0% of the total number of shares subject to this award, rounded to the nearest whole share such that the entire grant will be vested after one (1) year. Such RSUs were granted to the reporting person by the board of directors of the Company pursuant to the Company's 2024 Equity Incentive Plan.

Key Figures

RSUs exercised: 33,500 units New RSU grant: 268,000 units Common shares held: 98,285 shares +1 more

4 metrics

RSUs exercised 33,500 units Converted into common stock on April 1, 2026

New RSU grant 268,000 units Awarded to CEO under 2024 Equity Incentive Plan

Common shares held 98,285 shares Direct common stock ownership after transactions

RSUs held after grant 402,000 units Total direct RSU holdings following award and exercise

Key Terms

Restricted Stock Units, Equity Incentive Plan, Vesting Date

3 terms

Restricted Stock Units financial

"the reporting person was awarded the Restricted Stock Units (the "RSUs") reported herein"

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.

Equity Incentive Plan financial

"granted to the reporting person by the board of directors of the Company pursuant to 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.

Vesting Date financial

"continuing on the same calendar day of each successive quarter thereafter (each a "Vesting Date")"

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 04:16 PM

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
Estimated average burden
hours per response:			0.5

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

CALIFORNIA

95134

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		M⁽¹⁾		33,500	A	$0	98,285	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0	04/01/2026		M⁽¹⁾			33,500	⁽¹⁾	⁽¹⁾	Common Stock	33,500	⁽¹⁾	134,000	D
Restricted Stock Units⁽²⁾	⁽²⁾	04/01/2026		A		268,000		⁽²⁾	⁽²⁾	Common Stock	268,000	⁽²⁾	402,000	D

Explanation of Responses:

1. On April 1, 2025, the reporting person was awarded the Restricted Stock Units (the "RSUs") reported herein, which RSUs vested into shares of Common Stock on April 1, 2026. Such RSUs were granted to the reporting person by the board of directors of the Company pursuant to the Company's 2024 Equity Incentive Plan.

2. The RSUs reported herein shall vest in four (4) equal quarterly installments, commencing on July 1, 2026, and continuing on the same calendar day of each successive quarter thereafter (each a "Vesting Date"), provided that the reporting person remains in continuous service with the Company through each applicable Vesting Date. The number of shares vesting on each Vesting Date shall be equal to 25.0% of the total number of shares subject to this award, rounded to the nearest whole share such that the entire grant will be vested after one (1) year. Such RSUs were granted to the reporting person by the board of directors of the Company pursuant to the Company's 2024 Equity Incentive Plan.

	/s/ David Lorie, Attorney-in-Fact for Paul Kellenberger	04/06/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did zSpace (ZSPC) CEO Paul Kellenberger report?

Paul Kellenberger exercised 33,500 restricted stock units into common shares and received a new grant of 268,000 RSUs. These transactions are equity compensation-related and do not involve open-market buying or selling of zSpace common stock.

How many zSpace (ZSPC) common shares does the CEO hold after these transactions?

After exercising 33,500 restricted stock units, Paul Kellenberger directly holds 98,285 shares of zSpace common stock. This reflects his updated equity ownership position as reported in the Form 4 filing for the April 1, 2026 transactions.

What is the size and vesting schedule of the new RSU grant to the zSpace CEO?

The new award to the CEO consists of 268,000 restricted stock units. These RSUs vest in four equal quarterly installments starting July 1, 2026, with each vesting date covering 25% of the grant, contingent on his continuous service with zSpace.

How many restricted stock units does the zSpace (ZSPC) CEO own after the reported grants and exercises?

Following the reported award and exercise, Paul Kellenberger directly holds 402,000 restricted stock units. This total reflects his RSU position after receiving 268,000 new RSUs and settling 33,500 previously granted RSUs into common stock.

Were the zSpace CEO’s reported transactions open-market purchases or sales of ZSPC stock?

No, the reported transactions involve equity compensation only. They include an exercise of previously granted restricted stock units into common shares and a new RSU grant, with no open-market purchases or sales of zSpace common stock disclosed.