zSpace, Inc. (ZSPC) CEO sells 20,758 shares in tax-related transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
zSpace, Inc. Chief Executive Officer Paul Kellenberger reported an open-market sale of 20,758 shares of Common Stock. The shares were sold at a weighted average price of $0.074 per share. According to the disclosure, the sale was made to cover his tax obligations from a prior vesting of restricted stock units.
After this transaction, Kellenberger directly holds 77,527 shares of zSpace, Inc. The shares were sold in multiple trades at prices ranging from $0.0702 to $0.0790 per share, with the weighted average price reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,758 shares ($1,536)
Net Sell
1 txn
Insider
Kellenberger Paul
Role
Chief Executive Officer
Sold
20,758 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,758 | $0.074 | $2K |
Holdings After Transaction:
Common Stock — 77,527 shares (Direct)
Footnotes (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.
Key Figures
Shares sold: 20,758 shares
Weighted average sale price: $0.074 per share
Post-transaction holdings: 77,527 shares
+1 more
4 metrics
Shares sold
20,758 shares
Open-market sale on April 7, 2026
Weighted average sale price
$0.074 per share
Common Stock sale by CEO
Post-transaction holdings
77,527 shares
CEO direct ownership after sale
Sale price range
$0.0702–$0.0790 per share
Multiple transactions included in sale
Key Terms
restricted stock units, weighted average price, open-market sale, beneficial ownership
4 terms
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.
beneficial ownership financial
"full information regarding the number of shares sold at each separate price"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.