Pande Abhay 4

What Happened
Abhay Pande, a director of zSpace, Inc. (ZSPC), was granted 13,441 restricted stock units (RSUs) on April 1, 2026. The filing lists this as an award/derivative grant (transaction code A); no per-share price or immediate cash value is reported because RSUs convert to common shares only upon vesting.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-06.
• Security: 13,441 RSUs (derivative award). Price: N/A; total dollar value not stated.
• Vesting: RSUs vest in four equal quarterly installments starting July 1, 2026, subject to continuous service through each vesting date. (See footnote: grant under the 2024 Equity Incentive Plan and the board's annual compensation policy.)
• Shares owned after the grant: Not disclosed in the filing.
• Filing timeliness: Form filed Apr 6, 2026; the report does not indicate a late filing notation.

Context
RSUs are a form of equity compensation that convert into common shares only as they vest; until then they are contingent/derivative and may be forfeited if the recipient leaves before vesting. Grants to directors under an equity plan are common for compensation and do not by themselves indicate buying or selling sentiment in the market.