Director Peter Schabert adds 22,007 MicroVision (MVIS) shares from RSU vesting

Rhea-AI Filing Summary

MicroVision director Peter Schabert reported the vesting of restricted stock units that were converted into common shares. On the transaction date, 22,007 RSUs were distributed without payment and converted into 22,007 shares of common stock. Following this derivative exercise, he directly owns 146,471 common shares. A footnote explains that an earlier Form 4 had misstated the total RSUs granted in June 2025, and this vesting is based on the corrected grant amount.

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

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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^*

Schabert Peter

(Last) (First) (Middle)

18390 NE 68TH STREET

(Street)

REDMOND WA 98052

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MICROVISION, INC. [ MVIS ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		M		22,007	A	$0.00(1)	146,471	D

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
Restricted Stock Units	$0.00(2)	03/02/2026		M			22,007	03/02/2026(3)	03/02/2026(3)	Common Stock	22,007	$0.00	0	D

Explanation of Responses:

1. Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.

2. At vesting, RSUs convert into shares of common stock on a unit-for-share basis, without payment.

3. RSUs granted 06/06/2025 are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the Issuer's 2026 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date.The Form 4 filed on 06/06/2025 incorrectly reported the total RSUs granted on 06/05/2025 as 87,462 RSUs instead of the correct amount of 88,208 RSUs. The vesting reported herein was calculated based on the correct amount of 88,028 RSUs.

	/s/ Drew G. Markham, attorney-in-fact for Peter Schabert	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did MicroVision (MVIS) director Peter Schabert report?

Peter Schabert reported the vesting and conversion of 22,007 restricted stock units into 22,007 shares of MicroVision common stock. The RSUs were distributed without payment on a unit-for-share basis as part of his director equity compensation.

How many MicroVision (MVIS) shares does Peter Schabert own after this Form 4?

After this RSU vesting and conversion, Peter Schabert directly owns 146,471 shares of MicroVision common stock. This reflects the addition of 22,007 shares issued upon RSU conversion, as disclosed in the March 2, 2026 Form 4 filing.

Was cash paid for the RSUs converted in this MicroVision (MVIS) Form 4?

No cash was paid for these RSUs. The filing states that vested restricted stock units were distributed to the reporting person without payment, converting on a one-for-one basis into shares of MicroVision common stock on the vesting date.

What does transaction code "M" mean in this MicroVision (MVIS) Form 4?

Transaction code "M" in this Form 4 represents the exercise or conversion of a derivative security. Here it refers to restricted stock units converting into MicroVision common stock upon vesting, rather than an open-market purchase or sale of existing shares.

Did this MicroVision (MVIS) Form 4 disclose any stock sales by Peter Schabert?

The Form 4 shows no stock sales by Peter Schabert. Both reported transactions are coded as derivative exercises (RSUs converting into common stock), resulting in an increase in directly owned shares with no dispositions reported in the filing.

What correction to prior MicroVision (MVIS) RSU grants is mentioned in the Form 4?

A footnote explains that a prior Form 4 filed in June 2025 incorrectly reported the total RSUs granted. The filing states that the vesting reported here is calculated based on the corrected RSU grant amount from that June 2025 award.