JAIN AMIT S 4

What Happened

• Amit S. Jain, a director of zSpace, Inc. (ZSPC), reported the conversion/vesting of 135 restricted stock units (RSUs) into 135 shares of common stock on July 1, 2026. The Form 4 shows 135 shares acquired (code M) at $0.00 and 135 shares disposed (derivative) at $0.00; no cash value was reported for either leg.
• This transaction reflects RSU compensation vesting rather than an open-market purchase or sale. The filing does not report a cash proceeds amount.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (timely).
• Acquired: 135 shares via conversion/exercise of a derivative (code M) at $0.00; Disposed: 135 shares (derivative) at $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — RSUs were granted April 1, 2026 under the 2024 Equity Incentive Plan and the board’s annual compensation policy; the RSUs vested into shares on July 1, 2026. F2 — share amounts reflect a 1-for-25 reverse stock split effective April 20, 2026.
• The filing does not specify the reason for the simultaneous disposition (e.g., tax withholding or share surrender).

Context

• Code M denotes exercise or conversion of a derivative instrument. Here, the conversion reflects RSU vesting into common stock rather than a market buy/sell.
• Vesting and derivative conversions are compensation events and do not necessarily indicate insider sentiment about the company’s stock.