zSpace (ZSPC) director receives 13,441 RSUs vesting from 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. director Abhay Pande reported receiving 13,441 Restricted Stock Units (RSUs). These RSUs convert into an equal number of shares of common stock and were granted at no cash cost as part of his equity compensation.
The 13,441 RSUs will vest in four equal quarterly installments, starting on July 1, 2026 and then on the same calendar day of each following quarter, as long as he remains in continuous service with zSpace through each vesting date. The grant was made under the company’s 2024 Equity Incentive Plan and its board of directors’ annual compensation policy. Following this award, Pande holds 13,441 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pande Abhay
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 RSUs
Underlying common stock: 13,441 shares
Vesting schedule: 4 equal quarterly installments
+2 more
5 metrics
RSUs granted
13,441 RSUs
Grant of Restricted Stock Units to director Abhay Pande
Underlying common stock
13,441 shares
Each RSU represents one share of common stock
Vesting schedule
4 equal quarterly installments
Vestings starting July 1, 2026, then quarterly
Post-transaction RSU holdings
13,441 RSUs
Total RSUs held directly following the grant
Grant price
$0.00 per RSU
No cash price for the RSU grant
Key Terms
Restricted Stock Units, 2024 Equity Incentive Plan, continuous service, board of directors 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
"Such RSUs were 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, Ind."
board of directors 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 did zSpace (ZSPC) director Abhay Pande report in this Form 4?
Abhay Pande reported a grant of 13,441 Restricted Stock Units from zSpace. These RSUs represent future shares of common stock that vest over time, reflecting part of his board compensation rather than an open-market stock purchase or sale.
How many RSUs did Abhay Pande receive from zSpace (ZSPC)?
He received 13,441 Restricted Stock Units that can settle into 13,441 shares of common stock. The award increases his equity-based compensation, with all reported RSUs held directly after the transaction, according to the Form 4 filing details.
When do Abhay Pande’s zSpace (ZSPC) RSUs vest?
The RSUs vest in four equal quarterly installments beginning on July 1, 2026. Additional installments occur on the same calendar day of each successive quarter, aligning vesting with his ongoing service as a director over that period.
What conditions apply to Abhay Pande’s zSpace (ZSPC) RSU vesting?
Each quarterly installment vests only if he remains in continuous service with zSpace through the applicable vesting date. If service ends before a vesting date, unvested RSUs tied to future dates would not vest under this disclosed structure.
Under which plan were Abhay Pande’s zSpace (ZSPC) RSUs granted?
The RSUs were granted under zSpace’s 2024 Equity Incentive Plan. They were also made pursuant to the company’s board of directors’ annual compensation policy, indicating the award is part of standard director compensation rather than a one-time special grant.