HARPER MICHAEL S 4

4 · zSpace, Inc. · Filed Apr 6, 2026

AI-generated summary of this filing

Updated Apr 6, 2026

zSpace (ZSPC) CPO Michael Harper Exercises 17k, Receives 136k RSU Award

What Happened

Michael S. Harper, Chief Product, Engineering and Marketing Officer of zSpace (ZSPC), had a derivative conversion/exercise on 2026-04-01 that resulted in 17,000 shares acquired at $0.00 and a simultaneous disposition of 17,000 derivative shares (disposition details reported as N/A). On the same date he was reported as the recipient of a new award of 136,000 restricted stock units (RSUs).
The 17,000 shares reflect a conversion/vesting event (acquired at $0.00). The 136,000 RSUs are granted (no cash price reported) and are subject to future vesting conditions.

Key Details

Transaction date: April 1, 2026 (Form 4 filed April 6, 2026 — filing appears late).
Transactions reported:
- Exercise/conversion (M): 17,000 shares acquired at $0.00.
- Exercise/conversion (M): 17,000 shares disposed (derivative; price N/A).
- Grant/Award (A): 136,000 RSUs awarded (derivative; no price).
Shares owned after transaction: Not disclosed in this filing.
Footnotes:
- F1: 17,000 RSUs were awarded on April 1, 2025 and vested into shares on April 1, 2026 (explains the conversion/acquisition).
- F2: The 136,000 RSUs vest in four equal quarterly installments (25% each) beginning July 1, 2026, subject to continuous service.
Timeliness: The Form 4 was filed April 6 for transactions on April 1 — this appears to be a late filing (may affect SEC timeliness disclosures).

Context

These transactions mainly reflect RSU vesting/award activity rather than an open-market purchase or sale that signals a cash investment or liquidation. The 17,000-acquire/17,000-dispose sequence reflects a conversion/settlement of derivative awards; the filing does not detail whether the disposition was a sale, tax withholding, or other transfer.
The 136,000 RSUs are future-service–conditioned awards (vesting quarterly over one year), so they are not immediately liquid shares.

Form 4

Period: 2026-04-01

See remarks

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-04-01+17,000→ 55,397 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-04-01−17,000→ 68,000 total
Exercise: $0.00→ Common Stock (17,000 underlying)
Award
Restricted Stock Units
[F2]
2026-04-01+136,000→ 204,000 total
→ Common Stock (136,000 underlying)

Footnotes (2)

[F1]On April 1, 2025, the reporting person was awarded the Restricted Stock Units (the "RSUs") reported herein, which RSUs vested into shares of Common Stock on April 1, 2026. Such RSUs were granted to the reporting person by the board of directors of the Company pursuant to the Company's 2024 Equity Incentive Plan.
[F2]The RSUs reported herein shall vest in four (4) equal quarterly installments, commencing on July 1, 2026, and continuing on the same calendar day of each successive quarter thereafter (each a "Vesting Date"), provided that the reporting person remains in continuous service with the Company through each applicable Vesting Date. The number of shares vesting on each Vesting Date shall be equal to 25.0% of the total number of shares subject to this award, rounded to the nearest whole share such that the entire grant will be vested after one (1) year. Such RSUs were granted to the reporting person by the board of directors of the Company pursuant to the Company's 2024 Equity Incentive Plan.

Signature

/s/ David Lorie, Attorney-in-Fact for Michael Harper|2026-04-06

1 file