MicroVision CCO granted 674,536 RSUs
MicroVision’s chief commercial officer was granted 674,536 RSUs that vest annually from 2027 through 2030, subject to continued service.
Rhea-AI Filing Summary
MICROVISION, INC. (MVIS) reported that Chief Commercial Officer Jeemyung Byun received a grant of 674,536 Restricted Stock Units (RSUs)unit-for-share basis without payment and are scheduled to vest in four equal annual installments on July 20, 2027, 2028, 2029, and 2030, contingent on continued service through each vesting date. No transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 674,536 shares
Grant/Award
1 txn
Insider
Byun Jeemyung
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 674,536 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 674,536 contracts (Direct)
Footnotes (2)
- F1. At vesting, restricted stock units, or RSUs, convert into shares of common stock on a unit-for-share basis, without payment.
- F2. RSUs granted 09/02/2026 are scheduled to vest in four equal annual installments until fully vested on the anniversary of the date of hire, or 07/20/2027, 07/20/2028, 07/20/2029, and 7/20/2030, provided that the reporting person continues to serve through each vesting date.
Key Figures
RSUs granted: 674,536 units
Transaction price per RSU: $0.00 per unit
RSUs held after transaction: 674,536 units
+1 more
4 metrics
RSUs granted
674,536 units
Grant of Restricted Stock Units to Chief Commercial Officer on September 2, 2026
Transaction price per RSU
$0.00 per unit
Grant of RSUs with no cash price; convert to common stock on vesting
RSUs held after transaction
674,536 units
Total direct holdings of RSUs following the reported grant
Number of vesting installments
4 installments
RSUs vest annually on July 20 in 2027, 2028, 2029, and 2030
Key Terms
Restricted Stock Units, unit-for-share basis, vesting
3 terms
Restricted Stock Units financial
"At vesting, restricted stock units, or RSUs, convert into shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"RSUs granted 09/02/2026 are scheduled to vest in four equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did MVIS report for Chief Commercial Officer Jeemyung Byun?
Jeemyung Byun received a grant of 674,536 Restricted Stock Units (RSUs)unit-for-share basis without payment when they vest, and all reported holdings after the transaction total 674,536 RSUs.
What is the vesting schedule of the 674,536 RSUs reported for MVIS?
The 674,536 RSUs granted to Jeemyung Byun are scheduled to vest in four equal annual installments on July 20, 2027, July 20, 2028, July 20, 2029, and July 20, 2030, provided he continues to serve through each vesting date.
How many MVIS RSUs does Jeemyung Byun hold after this Form 4 transaction?
After the reported grant, Jeemyung Byun holds 674,536 RSUs directly. The underlying security for these RSUs is MicroVision common stock, with the same number of underlying shares, subject to the stated vesting schedule and continued service condition.
Was the MVIS insider RSU grant made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote describing a Rule 10b5-1 or similar pre-arranged trading plan for this RSU grant to Jeemyung Byun.
AI-generated analysis. How Rhea-AI works. Not financial advice.