Form 4: zSpace Officer Sells Shares to Cover Tax Obligations from RSU Vesting

Michael S. Harper, Chief Product, Engineering, and Marketing Officer of zSpace, Inc., sold a total of 4,305 shares of common stock in July 2025 to satisfy tax obligations from prior restricted stock unit vesting.

Summary

• Michael S. Harper, the Chief Product, Engineering, and Marketing Officer of zSpace, Inc. (ZSPC), reported two sales of common stock.
• On July 11, 2025, 2,108 shares of common stock were sold at a weighted average price of $2.758 per share, with prices ranging from $2.700 to $2.860.
• On July 14, 2025, an additional 2,197 shares of common stock were sold at a weighted average price of $2.77 per share, with prices ranging from $2.650 to $2.920.
• The sales were conducted to cover tax obligations that arose from a prior vesting of restricted stock units, as previously reported on a Form 4 filed on July 2, 2025.
• Following these transactions, Michael S. Harper beneficially owns 12,695 shares of zSpace, Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine sale to cover tax obligations from RSU vesting, which is a common and expected event for executives receiving equity compensation, and does not indicate a change in sentiment towards the company or its future prospects.

Management Comments

• 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 on July 2, 2025.

Stakeholder Impact

• Shareholders: The sale represents a routine transaction by an insider to cover tax obligations, not a divestment based on negative outlook, thus having minimal direct impact on shareholder confidence or valuation.

Key Dates

Keywords

zSpace, ZSPC, Michael Harper, insider trading, Form 4, stock sale, RSU, tax obligations, beneficial ownership