STOCK TITAN

MicroVision (MVIS) director Jada Smith receives 22,007 shares from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MICROVISION, INC. director Jada Smith exercised vested restricted stock units, receiving 22,007 shares of common stock on a unit-for-share basis without payment. These shares came from restricted stock units that vested and converted into common stock. After the transaction, she directly holds 176,550 common shares.

Positive

  • None.

Negative

  • None.
Insider Smith Jada
Role null
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, null); Common Stock — 176,550 shares (Direct, null)
Footnotes (1)
  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, converts into shares of common stock on a unit-for-share basis. 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.
RSUs converted 22,007 shares Restricted stock units vested and distributed as common stock
Shares received price $0.0000 per share Conversion price for 22,007 RSUs to common stock
Holdings after transaction 176,550 shares Total direct MicroVision common shares held by Jada Smith after exercise
RSUs remaining from this grant 0 units Restricted stock units line shows zero remaining after the reported vesting
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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.
unit-for-share basis financial
"distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis"
vest financial
"Vested restricted stock units, or RSUs, were distributed to the Reporting Person"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of Stockholders financial
"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"
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SEC Form 4
FORM 4UNITED 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*
Smith Jada

(Last)(First)(Middle)
18390 NE 68TH STREET

(Street)
REDMOND WASHINGTON 98052

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICROVISION, INC. [ MVIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
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)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026M22,007A$0.00(1)176,550D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.00(2)06/05/2026M22,00706/05/2026(3)06/05/2026(3)Common stock22,007$0.000D
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, converts into shares of common stock on a unit-for-share basis.
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 Jada Smith06/05/2026
** Signature of Reporting PersonDate
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 insider transaction did MICROVISION (MVIS) director Jada Smith report?

Jada Smith reported an exercise of restricted stock units, receiving 22,007 shares of MicroVision common stock. The RSUs vested and converted into shares on a unit-for-share basis without any cash payment, reflecting routine equity compensation rather than an open-market purchase or sale.

Did Jada Smith buy or sell MICROVISION (MVIS) shares in the market?

She did not buy or sell MicroVision shares in the open market. Instead, vested restricted stock units converted into 22,007 common shares at no cost, which is a compensation-related equity grant rather than a discretionary market transaction involving cash.

How many MICROVISION (MVIS) shares does Jada Smith hold after this Form 4?

Following the reported transactions, Jada Smith directly holds 176,550 shares of MicroVision common stock. This total includes the 22,007 shares received from the vesting and conversion of restricted stock units described in the Form 4 insider trading report.

What do the vested restricted stock units for MICROVISION (MVIS) convert into?

The vested restricted stock units convert into MicroVision common stock on a one-for-one, unit-for-share basis. In this filing, 22,007 RSUs vested and were distributed as 22,007 shares of common stock to Jada Smith without any cash exercise price paid.

Was there any remaining derivative position after Jada Smith’s MICROVISION (MVIS) RSU exercise?

For the reported restricted stock units in this Form 4, the remaining derivative position is shown as zero after vesting and conversion. The RSU line indicates 22,007 units exercised with 0 units remaining, and the derivative summary section shows no continuing derivative holdings.