HARPER MICHAEL S 4
Research Summary
AI-generated summary
zSpace (ZSPC) Chief Product, Engineering & Marketing Officer Michael Harper Sells Shares
What Happened
Michael S. Harper, zSpace’s Chief Product, Engineering and Marketing Officer, sold 7,586 shares on April 7, 2026 in an open-market/private sale. The weighted-average price reported was $0.07 per share, with individual trades ranging from $0.0702 to $0.0790, for total proceeds of approximately $561. Per the filing, the shares were sold to cover the reporting person’s tax obligations arising from a prior restricted stock unit (RSU) vesting.
Key Details
- Transaction date: 2026-04-07; Form filed: 2026-04-08 (timely filing the next day).
- Transaction type: Sale (S) — open market/private sale to satisfy tax withholding (per footnote).
- Shares sold: 7,586; weighted-average price: $0.07; price range: $0.0702–$0.0790.
- Proceeds: ~ $561.
- Shares owned after the transaction: not disclosed in the provided filing summary.
- Footnotes: F1 confirms sale to cover taxes from RSU vesting; F2 notes the weighted-average price and offers to provide per-price breakdown on request.
- Role/remark in filing: Chief Product, Engineering and Marketing Officer.
Context
Sales to cover tax withholding after RSU vesting are common and generally routine; they do not necessarily signal a change in the insider’s view of the company. This was a small, routine disposition relative to typical insider trading sizes.