DeOliveira Erick 4
Research Summary
AI-generated summary
zSpace (ZSPC) CFO DeOliveira Receives 21,083 Shares; Granted 136,000 RSUs
What Happened Erick DeOliveira, Chief Financial Officer of zSpace, acquired 21,083 shares on April 1, 2026 when previously awarded restricted stock units (RSUs) vested (17,000 + 4,083 shares). Those shares were reported as conversions of derivative awards and were acquired at $0.00 per share (no cash paid). On the same date he was also granted 136,000 RSUs that will vest in four equal quarterly installments beginning July 1, 2026.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 6, 2026 (appears later than the typical two-business-day filing window for officers).
- Vesting/acquisition: 17,000 shares and 4,083 shares acquired at $0.00 (reported as conversions of derivative RSUs).
- Grant: 136,000 RSU award reported as a derivative grant (no share price); vests 25% quarterly beginning July 1, 2026 (per footnote).
- Footnotes: Schedule 1 and Schedule 2 RSUs were originally awarded April 1, 2025 and vested April 1, 2026; the new RSUs (136,000) vest in four equal quarterly installments subject to continued service.
- Shares owned after transaction: not disclosed in the provided filing.
Context These entries reflect RSU vesting and a new RSU compensation grant — not open-market buying or selling. The conversion entries show the cancellation of derivative awards (RSUs/options) and the issuance of common shares; no shares were sold here. RSU grants and vesting are common executive compensation events and do not by themselves indicate a buying/selling signal.