STOCK TITAN

[Form 4] zSpace, Inc. Insider Trading Activity

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

Paul Kellenberger, who serves as Chief Executive Officer and a Director of zSpace, Inc. (ZSPC), had 33,500 restricted stock units vest into shares of common stock on 10/01/2025. The vested RSUs were originally granted on 04/01/2025 under the company's 2024 Equity Incentive Plan and converted at a price of $0, adding to the reporting person’s direct beneficial ownership. After the vesting, the reporting person beneficially owns 201,000 shares of common stock. The Form 4 reports these non‑derivative acquisitions as direct ownership resulting from RSU vesting.

Paul Kellenberger, che ricopre il ruolo di Chief Executive Officer e di Director di zSpace, Inc. (ZSPC), ha avuto 33.500 unità di stock RSU soggette a vesting trasformate in azioni ordinarie il 10/01/2025. Le RSU vestite erano state originariamente concesse il 04/01/2025 ai sensi del piano 2024 di Stock Incentive e convertite al prezzo di $0, aggiungendosi alla proprietà diretta beneficiaria della persona reportante. Dopo il vesting, la persona riportante possiede in modo effettivo 201.000 azioni ordinarie. Il Form 4 riporta questi acquisti non derivati come proprietà diretta derivante dal vesting delle RSU.

Paul Kellenberger, que se desempeña como Chief Executive Officer y Director de zSpace, Inc. (ZSPC), tuvo 33.500 unidades restringidas de acciones (RSU) que se convirtieron en acciones ordinarias el 01/10/2025. Las RSU vestidas fueron originalmente otorgadas el 01/04/2025 bajo el plan de incentivos de acciones 2024 de la empresa y convertidas a un precio de $0, aumentando la propiedad directa beneficiosa de la persona reportante. Tras el vesting, la persona reportante posee 201.000 acciones ordinarias. El Formulario 4 reporta estas adquisiciones no derivadas como propiedad directa resultante del vesting de RSU.

Paul Kellenberger는 zSpace, Inc.(ZSPC)의 CEO이자 Director로 재직하며, 10/01/202533,500개의 제한 주식 단위(RSU)가 보통주로 vest되었습니다. 이 vesting된 RSU는 원래 04/01/2025에 회사의 2024년 주식 보상 계획에 따라 부여되었고 $0의 가격으로 전환되어 보고인의 직접 유익한 소유에 추가됩니다. vesting 후 보고인은 201,000주를 실제로 보유하게 됩니다. Form 4는 이러한 비파생적 취득을 RSU vesting으로 인한 직접 소유로 보고합니다.

Paul Kellenberger, qui occupe les fonctions de Chief Executive Officer et de Director chez zSpace, Inc. (ZSPC), a fait vestir 33.500 unités d’actions restreintes en actions ordinaires le 01/10/2025. Les RSU acquises et vestées avaient été accordées le 04/01/2025 dans le cadre du plan d’incitation à l’équité 2024 de l’entreprise et converties à un prix de $0, s’ajoutant à la propriété bénéficiaire directe de la personne déclarante. Après le vesting, la personne déclarant détient 201.000 actions ordinaires. Le Formulaire 4 rapporte ces acquisitions non dérivées comme une propriété directe résultant du vesting des RSU.

Paul Kellenberger, der als Chief Executive Officer und Director von zSpace, Inc. (ZSPC) tätig ist, hatte 33.500 eingeschränkte Aktieneinheiten (RSU), die am 10/01/2025 in Stammaktien vesteten. Die vesteten RSUs wurden ursprünglich am 04/01/2025 gemäß dem Aktienbeteiligungsplan 2024 des Unternehmens gewährt und zu einem Preis von $0 konvertiert, wodurch die direkte nützliche Eigentümerschaft der meldenden Person erhöht wurde. Nach dem Vesting besitzt die meldende Person rechtlich 201.000 Stammaktien. Das Formular 4 meldet diese nicht ableitbaren Erwerbungen als direkte Eigentümerschaft, die aus dem RSU-Vesting resultieren.

Paul Kellenberger، الذي يشغل منصبي Chief Executive Officer وDirector في zSpace, Inc. (ZSPC)، قد تحوّلت 33.500 وحدة أسهم مقيدة (RSU) إلى أسهم عادية في 10/01/2025. تم منح RSUs المطوَّلة في الأصل في 04/01/2025 وفقاً لخطة حوافز الأسهم لعام 2024 بالشركة وتم تحويلها بسعر $0، مما أضاف إلى الملكية المفيدة المباشرة للشخص المبلغ عنه. بعد vesting، يملك الشخص المبلغ عنه بشكل مباشر 201.000 سهم عادي. تقر Form 4 بأن هذه المكتسبات غير المشتقة هي ملكية مباشرة ناجمة عن vesting RSU.

Paul Kellenberger,现任 zSpace, Inc.(ZSPC)的 首席执行官董事,有 33,500 份受限股票单位(RSU)在 10/01/2025解禁为普通股。这些已归属的 RSU 最初在 04/01/2025 根据公司 2024 年股权激励计划授予,按 $0 的价格转换,增添了报告人直接受益所有权。 vesting 之后,报告人实际直接拥有 201,000 股普通股。Form 4 将这些非衍生性取得视为因 RSU vesting 而产生的直接所有权。

Positive
  • 33,500 RSUs vested into common stock, increasing direct alignment between management and shareholders
  • Reporting shows direct beneficial ownership rose to 201,000 shares following vesting
Negative
  • 33,500 newly issued shares from RSU vesting may modestly increase outstanding share count
  • RSUs converted at a reported price of $0, indicating dilution rather than cash purchase by the reporting person

Insights

RSU vesting increased CEO's direct stake by 33,500 shares.

The reported vesting on 10/01/2025 converted 33,500 RSUs into common stock under the 2024 Equity Incentive Plan, resulting in 201,000 shares beneficially owned by the reporting person. This is a standard executive compensation settlement rather than an open‑market purchase.

Because the transaction is a vesting event, it reflects compensation execution and alignment with shareholder interests through equity ownership; the filing documents the change in direct ownership precisely as required.

The award was granted earlier and vested into shares at no cash exercise price.

The RSUs were granted on 04/01/2025 and vested on 10/01/2025, converting into 33,500 shares at a reported price of $0, indicating an equity settlement rather than an option exercise.

This change increases the CEO’s direct shareholding to 201,000, a quantifiable outcome of the company’s 2024 equity plan and a routine element of executive pay delivery.

Paul Kellenberger, che ricopre il ruolo di Chief Executive Officer e di Director di zSpace, Inc. (ZSPC), ha avuto 33.500 unità di stock RSU soggette a vesting trasformate in azioni ordinarie il 10/01/2025. Le RSU vestite erano state originariamente concesse il 04/01/2025 ai sensi del piano 2024 di Stock Incentive e convertite al prezzo di $0, aggiungendosi alla proprietà diretta beneficiaria della persona reportante. Dopo il vesting, la persona riportante possiede in modo effettivo 201.000 azioni ordinarie. Il Form 4 riporta questi acquisti non derivati come proprietà diretta derivante dal vesting delle RSU.

Paul Kellenberger, que se desempeña como Chief Executive Officer y Director de zSpace, Inc. (ZSPC), tuvo 33.500 unidades restringidas de acciones (RSU) que se convirtieron en acciones ordinarias el 01/10/2025. Las RSU vestidas fueron originalmente otorgadas el 01/04/2025 bajo el plan de incentivos de acciones 2024 de la empresa y convertidas a un precio de $0, aumentando la propiedad directa beneficiosa de la persona reportante. Tras el vesting, la persona reportante posee 201.000 acciones ordinarias. El Formulario 4 reporta estas adquisiciones no derivadas como propiedad directa resultante del vesting de RSU.

Paul Kellenberger는 zSpace, Inc.(ZSPC)의 CEO이자 Director로 재직하며, 10/01/202533,500개의 제한 주식 단위(RSU)가 보통주로 vest되었습니다. 이 vesting된 RSU는 원래 04/01/2025에 회사의 2024년 주식 보상 계획에 따라 부여되었고 $0의 가격으로 전환되어 보고인의 직접 유익한 소유에 추가됩니다. vesting 후 보고인은 201,000주를 실제로 보유하게 됩니다. Form 4는 이러한 비파생적 취득을 RSU vesting으로 인한 직접 소유로 보고합니다.

Paul Kellenberger, qui occupe les fonctions de Chief Executive Officer et de Director chez zSpace, Inc. (ZSPC), a fait vestir 33.500 unités d’actions restreintes en actions ordinaires le 01/10/2025. Les RSU acquises et vestées avaient été accordées le 04/01/2025 dans le cadre du plan d’incitation à l’équité 2024 de l’entreprise et converties à un prix de $0, s’ajoutant à la propriété bénéficiaire directe de la personne déclarante. Après le vesting, la personne déclarant détient 201.000 actions ordinaires. Le Formulaire 4 rapporte ces acquisitions non dérivées comme une propriété directe résultant du vesting des RSU.

Paul Kellenberger, der als Chief Executive Officer und Director von zSpace, Inc. (ZSPC) tätig ist, hatte 33.500 eingeschränkte Aktieneinheiten (RSU), die am 10/01/2025 in Stammaktien vesteten. Die vesteten RSUs wurden ursprünglich am 04/01/2025 gemäß dem Aktienbeteiligungsplan 2024 des Unternehmens gewährt und zu einem Preis von $0 konvertiert, wodurch die direkte nützliche Eigentümerschaft der meldenden Person erhöht wurde. Nach dem Vesting besitzt die meldende Person rechtlich 201.000 Stammaktien. Das Formular 4 meldet diese nicht ableitbaren Erwerbungen als direkte Eigentümerschaft, die aus dem RSU-Vesting resultieren.

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).
1. Name and Address of Reporting Person*
Kellenberger Paul

(Last) (First) (Middle)
C/O ZSPACE, INC.
55 NICHOLSON LANE

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 10/01/2025 M(1) 33,500 A $0 54,590 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0 10/01/2025 M(1) 33,500 (1) (1) Common Stock 33,500 (1) 201,000 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 October 1, 2025. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ David Lorie, Attorney-in-Fact for Paul Kellenberger 10/02/2025
** 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.

FAQ

What happened in the zSpace (ZSPC) Form 4 for Paul Kellenberger?

The Form 4 reports that 33,500 Restricted Stock Units granted on 04/01/2025 vested into common stock on 10/01/2025, increasing direct ownership to 201,000 shares.

How many shares did the CEO acquire from the RSU vesting?

The CEO had 33,500 RSUs vest into 33,500 shares of common stock.

Under which plan were the RSUs granted?

The RSUs were granted under the company's 2024 Equity Incentive Plan.

Did the reporting person pay to convert the RSUs into shares?

No cash price is reported; the transaction lists a conversion price of $0, indicating equity settlement on vesting.

What is the reporting person’s total beneficial ownership after the transaction?

After the RSU vesting, the reporting person beneficially owns 201,000 shares of common stock.
zSpace Inc

NASDAQ:ZSPC

ZSPC Rankings

ZSPC Latest News

ZSPC Latest SEC Filings

ZSPC Stock Data

23.60M
5.59M
76.37%
7.96%
0.12%
Computer Hardware
Services-prepackaged Software
Link
United States
SAN JOSE