AQR Capital lifts zSpace (ZSPC) stake with net 853K-share purchase

Rhea-AI Filing Summary

AQR Capital Management Holdings, LLC and AQR Capital Management LLC, as ten percent owners of zSpace, Inc., reported indirect trading in the company’s common stock through investment vehicles they control. On April 15, 2026, they made an open-market purchase of 860,716 shares at a weighted average price of $0.071 per share and sold 7,117 shares at the same weighted average price. On April 16, 2026, they sold an additional 161 shares at a weighted average price of $0.087 per share. After these net buying activities, they indirectly held 4,756,327 shares of zSpace common stock across managed funds and accounts.

Insider Trade Summary

Net Buyer: 853,438 shares ($61,111)

Net Buy 3 txns

Insider AQR Capital Management Holdings, LLC, AQR CAPITAL MANAGEMENT LLC

Role 10% Owner | 10% Owner

Bought 860,716 shs ($61K)

Sold 7,278 shs ($519.31)

Type	Security	Shares	Price	Value
Sale	Common Stock	161	$0.087	$14.01
Purchase	Common Stock	860,716	$0.071	$61K
Sale	Common Stock	7,117	$0.071	$505.31

Holdings After Transaction: Common Stock — 4,756,327 shares (Indirect, AQR Capital Management, LLC)

Footnotes (1)

1. The securities reported herein are beneficially owned by the Reporting Person through one or more funds, managed accounts, or other investment vehicles over which the Reporting Person exercises investment discretion and/or voting control. The reported holdings reflect aggregated positions across such vehicles. The Reporting Person hereby undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer full information regarding the number of shares beneficially owned by each such vehicle and the basis for the Reporting Person's beneficial ownership of such securities. The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $0.0674 to $0.0759 on April 15, 2026; and (2) $0.087 on April 16, 2026. The prices reported above reflect the weighted average purchase prices on each such day for the transactions reported herein. The Reporting Person hereby undertakes to provide upon request to the Staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer full information regarding the number of shares and the prices at which these reported transactions were effected each day.

Key Figures

Shares purchased: 860,716 shares Shares sold: 7,278 shares Net shares acquired: 853,438 shares +3 more

6 metrics

Shares purchased 860,716 shares Open-market purchase of common stock on April 15, 2026 at weighted avg price

Shares sold 7,278 shares Open-market sales on April 15–16, 2026 at weighted avg prices

Net shares acquired 853,438 shares Net of reported purchases and sales across April 15–16, 2026

Price on April 15, 2026 $0.071 per share Weighted average trading price for zSpace common stock that day

Price on April 16, 2026 $0.087 per share Weighted average sale price for zSpace common stock that day

Holdings after transactions 4,756,327 shares Indirectly beneficially owned across AQR-managed vehicles after April 16, 2026

Key Terms

beneficially owned, investment discretion, ten percent owner, weighted average purchase prices

4 terms

beneficially owned financial

"The securities reported herein are beneficially owned by the Reporting Person"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

investment discretion financial

"over which the Reporting Person exercises investment discretion and/or voting control"

ten percent owner financial

"is_ten_percent_owner": 1"

weighted average purchase prices financial

"The prices reported above reflect the weighted average purchase prices on each such day"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

AQR Capital Management Holdings, LLC

(Last) (First) (Middle)

ONE GREENWICH PLAZA

SUITE 130

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
zSpace, Inc. [ ZSPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		P		860,716(3)	A	$0.071(3)	4,756,444	I	AQR Capital Management, LLC(1)(2)
Common Stock	04/15/2026		S		7,117(3)	D	$0.071(3)	4,756,444	I	AQR Capital Management, LLC(1)(2)
Common Stock	04/16/2026		S		161(3)	D	$0.087(3)	4,756,327	I	AQR Capital Management, LLC(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

AQR Capital Management Holdings, LLC

(Last) (First) (Middle)

ONE GREENWICH PLAZA

SUITE 130

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

AQR CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)

ONE GREENWICH PLAZA

SUITE 130

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The securities reported herein are beneficially owned by the Reporting Person through one or more funds, managed accounts, or other investment vehicles over which the Reporting Person exercises investment discretion and/or voting control. The reported holdings reflect aggregated positions across such vehicles.

2. The Reporting Person hereby undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer full information regarding the number of shares beneficially owned by each such vehicle and the basis for the Reporting Person's beneficial ownership of such securities.

3. The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $0.0674 to $0.0759 on April 15, 2026; and (2) $0.087 on April 16, 2026. The prices reported above reflect the weighted average purchase prices on each such day for the transactions reported herein. The Reporting Person hereby undertakes to provide upon request to the Staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer full information regarding the number of shares and the prices at which these reported transactions were effected each day.

	/s/ AQR CAPITAL MANAGEMENT HOLDINGS, LLC, /s/ Henry Parkin, Authorized Signatory	04/17/2026
	/s/ AQR CAPITAL MANAGEMENT, LLC, /s/ Henry Parkin, Authorized Signatory	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AQR Capital report in this Form 4 for zSpace (ZSPC)?

AQR Capital reported indirect trading in zSpace common stock, with one large open-market purchase and two smaller sales. All positions are held through funds and accounts over which AQR exercises investment discretion and/or voting control.

How many zSpace (ZSPC) shares did AQR Capital buy and sell?

AQR Capital’s vehicles bought 860,716 zSpace common shares and sold 7,278 shares. This produced a net purchase of 853,438 shares, combining one purchase and two open-market sale transactions over April 15 and April 16, 2026.

At what prices did AQR Capital trade zSpace (ZSPC) shares?

On April 15, 2026, AQR-related vehicles traded zSpace shares at a weighted average price of $0.071 per share. On April 16, 2026, they sold shares at a weighted average price of $0.087 per share, based on multiple trades each day.

How many zSpace (ZSPC) shares does AQR Capital indirectly hold after these trades?

Following the reported transactions, AQR Capital’s managed funds and accounts indirectly held 4,756,327 shares of zSpace common stock. This figure aggregates positions across multiple investment vehicles where AQR has investment discretion and/or voting control.

Are AQR Capital’s zSpace (ZSPC) holdings direct or through other entities?

The holdings are indirect, beneficially owned through one or more funds, managed accounts, or other investment vehicles. AQR Capital Management LLC exercises investment discretion and/or voting control over these vehicles rather than holding the zSpace shares directly.