STOCK TITAN

zSpace (ZSPC) officer sells 7,586 shares to cover RSU tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

zSpace, Inc. officer Michael S. Harper reported an open-market sale of 7,586 shares of common stock 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 this transaction, he directly holds 47,811 shares of zSpace common stock.

Positive

  • None.

Negative

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Insider HARPER MICHAEL S
Role See remarks
Sold 7,586 shs ($561.36)
Type Security Shares Price Value
Sale Common Stock 7,586 $0.074 $561.36
Holdings After Transaction: Common Stock — 47,811 shares (Direct)
Footnotes (1)
  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 footnote (2) to this Form 4.
Shares sold 7,586 shares Open-market sale on 2026-04-07
Weighted average sale price $0.074 per share Common Stock transaction code S
Post-transaction holdings 47,811 shares Shares of zSpace common stock held directly
Price range of sales $0.0702–$0.0790 Multiple trades within stated range
Net insider share change -7,586 shares Net-sell direction in transaction summary
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
"as 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.
transaction code "S" regulatory
"transaction_code: "S" indicating a sale in open market or private transaction"
SEC Form 4
FORM 4UNITED 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*
HARPER MICHAEL S

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/07/2026S7,586(1)D$0.074(2)47,811D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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 footnote (2) to this Form 4.
Remarks:
Chief Product, Engineering and Marketing Officer
/s/ David Lorie, Attorney-in-Fact for Michael S. Harper04/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did zSpace (ZSPC) report for Michael S. Harper?

zSpace officer Michael S. Harper reported selling 7,586 shares of common stock in an open-market transaction at a weighted average price of $0.074 per share. The Form 4 states the sale was made specifically to cover tax obligations from a prior vesting of restricted stock units.

Why did Michael S. Harper sell zSpace (ZSPC) shares in this Form 4?

The filing explains that Michael S. Harper sold 7,586 zSpace shares to cover his tax obligations arising from an earlier vesting of restricted stock units. This indicates the sale was tax-related rather than a discretionary reduction of his overall economic exposure to the company.

How many zSpace (ZSPC) shares does Michael S. Harper hold after this transaction?

After the reported sale, Michael S. Harper directly holds 47,811 shares of zSpace common stock. This post-transaction balance, disclosed in the Form 4, provides context that the 7,586 shares sold represent only a portion of his remaining equity position in the company.

What price range were Michael S. Harper’s zSpace (ZSPC) shares sold at?

The Form 4 reports a weighted average sale price of $0.074 per share, with individual trades executed between $0.0702 and $0.0790. The filing notes that detailed breakdowns of share counts at each price are available upon request from zSpace, any security holder, or SEC staff.

Was Michael S. Harper’s zSpace (ZSPC) sale an open-market transaction?

Yes. The Form 4 classifies the transaction with code “S” and describes it as an open-market or private sale of common stock. The weighted average price of $0.074 per share and the specified trading range indicate ordinary market executions rather than a structured derivative or off-market arrangement.

Does the Form 4 mention restricted stock units for zSpace (ZSPC)?

Yes. A footnote states the sale was undertaken to cover tax obligations from a prior vesting of restricted stock units previously reported on an earlier Form 4. This links the current sale directly to compensation-related equity vesting rather than a standalone trading decision.