STOCK TITAN

zSpace (ZSPC) officer awarded 136K RSUs as 17K shares vest

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

Rhea-AI Filing Summary

HARPER MICHAEL S reported acquisition or exercise transactions in this Form 4 filing.

zSpace, Inc. officer Michael S. Harper reported equity compensation activity and an option-like vesting event. On April 1, 2026, 17,000 Restricted Stock Units (RSUs) granted on April 1, 2025 vested into 17,000 shares of Common Stock, leaving him with 55,397 Common shares held directly.

On the same date, Harper received a new grant of 136,000 RSUs under the Company’s 2024 Equity Incentive Plan, bringing his RSU holdings to 204,000 units. These new RSUs will vest in four equal quarterly installments of 25.0% each, starting July 1, 2026, provided he remains in continuous service with the company through each Vesting Date. The filing shows only awards and vesting; it does not report any open‑market purchases or sales.

Positive

  • None.

Negative

  • None.
Insider HARPER MICHAEL S
Role See remarks
Type Security Shares Price Value
Exercise Restricted Stock Units 17,000 $0.00 --
Grant/Award Restricted Stock Units 136,000 $0.00 --
Exercise Common Stock 17,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 68,000 shares (Direct); Common Stock — 55,397 shares (Direct)
Footnotes (1)
  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.
RSUs vested 17,000 units RSUs awarded April 1, 2025 vested into Common Stock on April 1, 2026
New RSU grant 136,000 units Granted April 1, 2026 under 2024 Equity Incentive Plan
Common Stock holdings 55,397 shares Shares of Common Stock held directly after transactions
Total RSU holdings 204,000 units RSUs held after new grant
Vesting rate 25.0% quarterly New 136,000 RSUs vest in four equal quarterly installments
Transaction price per share $0.0000 Reported for RSU-related Common Stock transactions
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.
2024 Equity Incentive Plan financial
"Such RSUs were granted ... pursuant to the Company's 2024 Equity Incentive Plan."
vest in four (4) equal quarterly installments financial
"The RSUs reported herein shall vest in four (4) equal quarterly installments"
Vesting Date financial
"continuing on the same calendar day of each successive quarter thereafter (each a "Vesting Date")"
continuous service financial
"provided that the reporting person remains in continuous service with the Company through each applicable Vesting Date"
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)
04/01/2026
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 Stock04/01/2026M(1)17,000A$055,397D
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
Restricted Stock Units$004/01/2026M(1)17,000 (1) (1)Common Stock17,000(1)68,000D
Restricted Stock Units(2)(2)04/01/2026A136,000 (2) (2)Common Stock136,000(2)204,000D
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.
Remarks:
Chief Product, Engineering and Marketing Officer
/s/ David Lorie, Attorney-in-Fact for Michael Harper04/06/2026
** 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 transactions did zSpace (ZSPC) report for Michael S. Harper?

zSpace reported that officer Michael S. Harper had 17,000 Restricted Stock Units vest into 17,000 Common shares and received a new grant of 136,000 RSUs. All movements were equity compensation and derivative exercises, with no open‑market stock purchases or sales disclosed.

How many zSpace (ZSPC) shares does Michael S. Harper hold after this Form 4?

After these transactions, Michael S. Harper directly holds 55,397 shares of zSpace Common Stock. He also holds 204,000 Restricted Stock Units, which represent additional potential shares that may be delivered in the future as they vest under the company’s equity incentive plan.

What is the size and schedule of the new RSU grant for zSpace (ZSPC) officer Harper?

Harper was granted 136,000 Restricted Stock Units under zSpace’s 2024 Equity Incentive Plan. These RSUs are scheduled to vest in four equal quarterly installments of 25.0% each, starting on July 1, 2026, assuming he remains in continuous service through each Vesting Date.

Were there any open-market stock sales or purchases in this zSpace (ZSPC) Form 4?

The Form 4 shows no open‑market stock purchases or sales. All reported transactions involve RSUs vesting into Common Stock and a new RSU award, each at a stated price per share of $0.0000, reflecting non‑cash equity compensation rather than market trading activity.

What is the origin of the 17,000 RSUs that vested for zSpace (ZSPC) officer Harper?

The 17,000 RSUs that vested into Common Stock on April 1, 2026 were originally awarded to Harper on April 1, 2025. They were granted by zSpace’s board of directors under the company’s 2024 Equity Incentive Plan, according to the explanatory footnote in the Form 4 filing.

How long will it take for Michael S. Harper’s new zSpace (ZSPC) RSUs to fully vest?

The 136,000 new RSUs are designed to vest over one year. They vest in four equal quarterly installments of 25.0%, beginning on July 1, 2026 and continuing on the same calendar day of each successive quarter, subject to his continuous service with the company.