Form 4: zSpace CEO Sells Shares to Cover Tax Obligations Following RSU Vesting

zSpace, Inc. CEO Paul Kellenberger sold a total of 2,620 shares of common stock over two days in July 2025 to satisfy tax obligations related to vested restricted stock units.

Summary

• Paul Kellenberger, Chief Executive Officer and Director of zSpace, Inc., reported sales of common stock.
• On July 8, 2025, 1,324 shares were sold at a weighted average price of $2.96 per share, with prices ranging from $2.900 to $3.110.
• On July 9, 2025, an additional 1,296 shares were sold at a weighted average price of $3.023 per share, with prices ranging from $2.900 to $3.270.
• These sales, totaling 2,620 shares, were conducted to cover tax obligations arising from a prior vesting of restricted stock units, as previously reported on a Form 4 filed on July 2, 2025.
• Following these transactions, Paul Kellenberger directly beneficially owns 28,170 shares of zSpace, Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine sale of shares by an insider to cover tax obligations related to vested restricted stock units, which is a common and expected event and does not indicate a change in sentiment towards the company.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• The securities were sold to cover the reporting person's tax obligations arising out of a prior vesting of restricted stock units.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide information relevant to broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Minor dilution from the sale of shares, but the transaction is routine and not indicative of a change in company fundamentals or management's long-term view.

Key Dates

Keywords

zSpace, ZSPC, Paul Kellenberger, Form 4, insider trading, stock sale, CEO, director, restricted stock units, RSU, tax obligations