Morris Joanna 4

What Happened
Joanna Morris, a director of zSpace, had restricted stock units (RSUs) vest and convert into 135 shares of common stock on July 1, 2026. The Form 4 reports an exercise/conversion (code M) acquiring 135 shares at $0.00 and a simultaneous derivative disposition of 135 shares at $0.00. The filing shows no cash paid or proceeds reported for these entries.

Key Details

• Transaction date(s): July 1, 2026 (vest/convert). Form filed July 2, 2026.
• Reported prices: $0.00 per share for both the acquisition (exercise/conversion) and the reported derivative disposition.
• Shares involved: 135 shares acquired via conversion of RSUs; 135 shares reported as disposed (derivative).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes: (F1) RSUs were granted April 1, 2026 under the 2024 Equity Incentive Plan and the board’s annual comp policy; RSUs vested into shares on July 1, 2026. (F2) All share/unit amounts reflect a 1-for-25 reverse split effective April 20, 2026.
• Timeliness: Filing appears timely (transaction 7/1/2026; Form 4 filed 7/2/2026).

Context
This was an award vesting/conversion of RSUs rather than an open‑market buy or sale. Code M indicates conversion/exercise of a derivative instrument (here, RSUs converting into common shares). The Form 4 also lists a matching derivative disposition at $0.00; the footnotes confirm these were vested RSUs adjusted for the reverse split. For full mechanics (e.g., any tax withholding or transfers), consult the complete Form 4 and its exhibits.