zSpace (ZSPC) CFO sells 13,066 shares in tax-related stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. Chief Financial Officer Erick DeOliveira sold 13,066 shares of common stock on April 7, 2026 in two open-market transactions at a weighted average price of $0.074 per share.
According to the filing, the shares were sold solely to cover tax obligations from a prior vesting of restricted stock units. After these sales, DeOliveira directly holds 48,517 shares of zSpace common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,066 shares ($967)
Net Sell
2 txns
Insider
DeOliveira Erick
Role
Chief Financial Officer
Sold
13,066 shs ($966.88)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,534 | $0.074 | $779.52 |
| Sale | Common Stock | 2,532 | $0.074 | $187.37 |
Holdings After Transaction:
Common Stock — 51,049 shares (Direct)
Footnotes (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 April 6, 2026. . The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0702 to $0.0790, 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 this footnote (2) to this Form 4.
Key Figures
Shares sold: 13,066 shares
Weighted average sale price: $0.074 per share
Sale price range: $0.0702–$0.0790 per share
+2 more
5 metrics
Shares sold
13,066 shares
Common stock sold on April 7, 2026
Weighted average sale price
$0.074 per share
Open-market sales of common stock
Sale price range
$0.0702–$0.0790 per share
Multiple transactions within this range
Shares held after transaction
48,517 shares
Direct common stock holding after sales
Number of sale transactions
2 transactions
Both coded as open-market sales (S)
Key Terms
restricted stock units, weighted average price, open-market sale, Form 4
4 terms
restricted stock units financial
"tax obligations arising out of a prior vesting of restricted stock units"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"originally reported by the reporting person in a Form 4 filed"
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 zSpace (ZSPC) CFO Erick DeOliveira report in this Form 4?
DeOliveira reported selling 13,066 shares of zSpace common stock on April 7, 2026. The sales were open-market transactions and, per the filing, were made to cover tax obligations from a prior restricted stock unit vesting event.
Were the zSpace (ZSPC) CFO’s sales open-market transactions?
Yes. Each transaction is coded as “S” for open-market or private sale of common stock. The Form 4 characterizes them as open-market sales, executed at multiple prices within the disclosed $0.0702 to $0.0790 trading range.