CEO of zSpace, Inc. (ZSPC) receives 4,020 shares from vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. Chief Executive Officer Paul Kellenberger reported the vesting of restricted stock units into common stock, reflected as derivative exercises on July 1, 2026. These are compensation-related conversions, not open-market purchases or sales.
The filings show 2,680 and 1,340 restricted stock units converting into the same numbers of common shares at a zero cash exercise price, under the company’s 2024 Equity Incentive Plan. After these transactions, two reported direct common stock lines show holdings of 7,122 and 4,442 shares, with all amounts adjusted for the company’s 1-for-25 reverse stock split effective April 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,020 shares exercised/converted
Mixed
4 txns
Insider
Kellenberger Paul
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,340 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,680 | $0.00 | -- |
| Exercise | Common Stock | 1,340 | $0.00 | -- |
| Exercise | Common Stock | 2,680 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,100 shares (Direct, null);
Common Stock — 4,442 shares (Direct, null)
Footnotes (1)
- On April 1, 2025, the board of directors of the Company granted the reporting person the restricted stock units reported herein (the "RSUs") under the Company's 2024 Equity Incentive Plan. The number of RSUs has been adjusted to reflect the Company's 1 -for-25 reverse stock split effective April 20, 2026. The RSUs vested into shares of Common Stock on July 1, 2026. Share and unit amounts reflect the Company's 1-for-25 reverse stock split effective April 20, 2026. On April 1, 2026, the board of directors of the Company granted the reporting person the restricted stock units reported herein (the "RSUs") under the Company's 2024 Equity Incentive Plan. The number of RSUs has been adjusted to reflect the Company's 1-for-25 reverse stock split effective April 20, 2026. The RSUs vested into shares of Common Stock on July 1, 2026.
Key Figures
RSUs converted to common shares: 4,020 shares
Shares from 2025 RSU grant: 2,680 shares
Shares from 2026 RSU grant: 1,340 shares
+3 more
6 metrics
RSUs converted to common shares
4,020 shares
Restricted stock units vested into common stock on July 1, 2026
Shares from 2025 RSU grant
2,680 shares
RSUs granted April 1, 2025 and vested July 1, 2026
Shares from 2026 RSU grant
1,340 shares
RSUs granted April 1, 2026 and vested July 1, 2026
Direct common stock holding line 1
7,122 shares
Reported direct common stock after transactions on July 1, 2026
Direct common stock holding line 2
4,442 shares
Second reported direct common stock balance after transactions
Reverse stock split ratio
1-for-25
Company reverse stock split effective April 20, 2026
Key Terms
Restricted Stock Units, 2024 Equity Incentive Plan, reverse stock split, Form 4, +1 more
5 terms
Restricted Stock Units financial
"On April 1, 2025, the board of directors of the Company granted the reporting person the restricted stock units 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
"the restricted stock units reported herein (the "RSUs") under the Company's 2024 Equity Incentive Plan"
reverse stock split financial
"The number of RSUs has been adjusted to reflect the Company's 1-for-25 reverse stock split effective April 20, 2026"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did zSpace (ZSPC) CEO Paul Kellenberger report in this Form 4?
Paul Kellenberger reported the vesting of restricted stock units into common stock. The Form 4 shows RSUs converting into shares as part of his compensation, rather than any open-market buying or selling activity in zSpace, Inc. stock.
Under which plan were the zSpace (ZSPC) RSUs granted to the CEO?
The restricted stock units were granted under zSpace, Inc.’s 2024 Equity Incentive Plan. Footnotes explain grants made on April 1, 2025 and April 1, 2026, later adjusted for the reverse stock split and vesting into common stock on July 1, 2026.