Kellenberger Paul 4

What Happened Paul Kellenberger, CEO of zSpace, sold 20,758 shares of ZSPC on April 7, 2026. The reported weighted-average price was $0.07, with proceeds of approximately $1,536. The filing indicates these shares were sold to cover tax obligations arising from a prior vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-04-07; Form 4 filed: 2026-04-08 (timely).
• Transaction type: Sale (code S); purpose per filing: tax withholding for RSU vesting (footnote F1).
• Price: weighted average $0.07; actual sale prices ranged from $0.0702 to $0.0790 across multiple trades (footnote F2).
• Proceeds: ~ $1,536.
• Shares owned after the transaction: not specified in the provided summary of the filing.
• Footnotes: F1 confirms sale to cover taxes from RSU vesting reported on April 6, 2026; F2 notes multiple trade prices and offers to provide per-price breakdown on request.

Context Tax-withholding sales following RSU vesting are common and typically routine rather than a signal about the insider’s view of the company. This was a small, routine sale for tax purposes, not a large open-market divestiture.