Director Peter Schabert adds 22,007 MicroVision (MVIS) shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,007 shares exercised/converted
Mixed
2 txns
Insider
Schabert Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,007 | $0.00 | -- |
| Exercise | Common Stock | 22,007 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 146,471 shares (Direct)
Footnotes (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. At vesting, RSUs convert into shares of common stock on a unit-for-share basis, without payment. 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.
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.
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.