MicroVision Announces Inducement Grants Pursuant to Nasdaq Listing Rule 5635(c)(4)
MicroVision (MVIS) granted inducement equity awards to its newly appointed Chief Commercial Officer and Chief Financial Officer on September 2, 2026.
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Rhea-AI Summary
MicroVision (MVIS) granted inducement equity awards to its newly appointed Chief Commercial Officer and Chief Financial Officer on September 2, 2026.
The company issued 674,536 restricted stock units (RSUs) to CCO James Byun and 562,114 RSUs to CFO Christine Chambers. Each award is a material inducement to employment and will vest over four years, with 25% vesting on each of the first four anniversaries of the executives' start dates, subject to continued service. The RSUs are granted under MicroVision's 2025 Inducement Equity Incentive Plan, as amended.
Details
News Market Reaction – MVIS
On Sep 8, the first trading day after this news, MVIS closed 1.21% above the previous close. Our momentum scanner recorded 3 alerts in the available session data.
Data tracked by StockTitan Argus for the Sep 8 session.
Key Figures
- CCO inducement grant
- 674,536 restricted stock units
- September 2, 2026 grant to James Byun
- CFO inducement grant
- 562,114 restricted stock units
- September 2, 2026 grant to Christine Chambers
- Vesting period
- four years
- RSUs vest over the first four anniversaries
- Annual vesting tranche
- 25%
- Each of the first, second, third, and fourth anniversaries
Historical Context
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Company regained compliance with Nasdaq's minimum bid-price requirement.
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Thousands of IRIS orders indicated broader commercial adoption across multiple application markets.
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Company priced 6.8 million units at $2.50 each for gross proceeds.
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Company launched a proposed unit offering under an effective S-3 registration.
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Christine Chambers was appointed CFO effective August 27, 2026.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
nasdaq listing rule 5635(c)(4) regulatory
restricted stock units financial
inducement equity incentive plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
REDMOND, WA / ACCESS Newswire / September 4, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception solutions for industrial, security and defense, and automotive applications, today announced that on September 2, 2026, it granted 674,536 restricted stock units to James Byun, the Company's newly appointed Chief Commercial Officer, and 562,114 restricted stock units to Christine Chambers, the Company's newly appointed Chief Financial Officer, with each grant serving as a material inducement to their employment. These restricted stock units, or RSUs, are scheduled to vest over a four-year period, with
About MicroVision
MicroVision is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defense markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors with varying wavelengths, advanced sensor architectures, design-to-cost engineering, and open software solutions.
For more information, visit the Company's website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, and LinkedIn at https://www.linkedin.com/company/microvision/.
Investor Relations Contact
Jeff Christensen
Darrow Associates Investor Relations
MVIS@darrowir.com
Media Contact
Heidi Davidson - For MicroVision
heidi@galvanizeworldwide.com
(914) 441-6862
SOURCE: MicroVision, Inc.
View the original press release on ACCESS Newswire
FAQ
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What inducement equity grants did MicroVision (MVIS) announce on September 4, 2026?
MicroVision announced inducement grants of 674,536 RSUs to its new Chief Commercial Officer, James Byun, and 562,114 RSUs to its new Chief Financial Officer, Christine Chambers. These restricted stock units were granted on September 2, 2026 as material inducements to their employment.
How do the RSUs granted to the new CCO and CFO of MicroVision (MVIS) vest?
The restricted stock units granted to MicroVision's new CCO and CFO are scheduled to vest over four years. 25% of each grant vests on each of the first, second, third, and fourth anniversaries of the executives' start dates, subject to continued service with the company.
Under which plan were the new RSU inducement grants issued by MicroVision (MVIS)?
The inducement RSU grants to MicroVision's new Chief Commercial Officer and Chief Financial Officer are issued under the company’s 2025 Inducement Equity Incentive Plan, as amended. The RSUs are subject to the terms and conditions of this plan.
Who received the RSU inducement awards at MicroVision (MVIS) and in what roles?
James Byun, MicroVision's newly appointed Chief Commercial Officer, received 674,536 RSUs, and Christine Chambers, the newly appointed Chief Financial Officer, received 562,114 RSUs. Each award is described by the company as a material inducement to their employment.