zSpace, Inc. is implementing a 1-for-25 reverse stock split of its common stock, effective at 11:59 p.m. Eastern on April 20, 2026, with trading on a split-adjusted basis beginning April 21, 2026. The move is intended to raise the share price to regain compliance with the Nasdaq Capital Market minimum bid price requirement.
Every 25 issued and outstanding shares will convert into one share, with any fractional shares rounded up to the next whole share. As of April 14, 2026, 75,981,805 shares were outstanding, which will result in approximately 3,039,272 shares after the split. The reverse split affects all stockholders uniformly and does not change authorized share counts or individual ownership percentages, aside from fractional share adjustments.
zSpace, Inc. officer Michael S. Harper reported an open-market sale of 7,586 shares of common stock at a weighted average price of $0.074 per share. According to the filing, the shares were sold solely to cover tax obligations from a prior vesting of restricted stock units. After this transaction, he directly holds 47,811 shares of zSpace common stock.
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.
zSpace, Inc. Chief Financial Officer Erick DeOliveira sold 13,066 shares of common stock on April 7, 2026 in two open-market transactions at a weighted average price of $0.074 per share.
According to the filing, the shares were sold solely to cover tax obligations from a prior vesting of restricted stock units. After these sales, DeOliveira directly holds 48,517 shares of zSpace common stock.
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.
zSpace, Inc. Chief Executive Officer Paul Kellenberger reported equity compensation activity involving restricted stock units and common shares. He exercised 33,500 RSUs into 33,500 shares of common stock at no cash exercise price, increasing his direct common stock holdings to 98,285 shares.
He also received a new award of 268,000 RSUs that will vest in four equal quarterly installments, beginning on July 1, 2026, so long as he remains in continuous service. After these grants and exercises, he directly holds 402,000 RSUs in addition to his common stock position.
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.