MVIS Form 4: Laura Peterson Converts 18,006 RSUs to Shares

Rhea-AI Filing Summary

Laura J. Peterson, a director of MicroVision, Inc. (MVIS), received 18,006 shares of MicroVision common stock on 09/02/2025 when vested restricted stock units (RSUs) converted to shares on a unit-for-unit basis with no cash payment. After the transaction the reporting person beneficially owns 18,006 shares directly. The Form 4 indicates these shares resulted from RSUs granted on 06/06/2025 that were scheduled to vest in four equal quarterly installments and convert to common stock at vesting.

Positive

• Director alignment: RSU vesting converted to shares, increasing the director's direct ownership and aligning incentives with shareholders
• Clear disclosure: Form 4 properly reports the vesting and conversion, including grant date and vesting schedule

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine director compensation: vested RSUs converted to 18,006 shares, increasing direct ownership.

The Form 4 documents a non‑derivative acquisition by grant vesting rather than a market purchase, showing 18,006 shares issued to the director at a $0.00 price as the RSUs converted on 09/02/2025. This is a standard equity‑compensation event that dilutes existing shareholders minimally given the absolute share count, but it raises the director's direct stake and aligns compensation with shareholder interests. No sales, option exercises, or cash transactions are reported.

Corporate Governance Expert

TL;DR: Governance event consistent with typical director equity awards; disclosure is complete and routine.

The filing shows proper Section 16 reporting for RSU vesting and conversion to common stock with a manual signature and attorney‑in‑fact attestation. The RSU terms referenced (granted 06/06/2025; scheduled quarterly vesting) indicate time‑based vesting contingent on continued service. There are no indications of accelerated vesting or related‑party transfers disclosed.

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^*

Peterson Laura J.

(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)
09/02/2025

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	09/02/2025		M		18,006	A	$0.00(1)	18,006	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)	09/02/2025		M			18,006	09/02/2025(3)	09/02/2025(3)	Common stock	18,006	$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.

	/s/ Drew G. Markham, attorney-in-fact for Laura Peterson	09/03/2025
	** Signature of Reporting Person	Date
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.

FAQ

What change did Laura J. Peterson report on Form 4 for MVIS?

The Form 4 reports that 18,006 RSUs vested and converted to 18,006 shares of MicroVision common stock on 09/02/2025 with no cash paid.

How many shares does the reporting person own after the transaction?

After the reported transaction the reporting person beneficially owns 18,006 shares directly.

Were the shares purchased or issued from vesting?

The shares were issued upon vesting of restricted stock units (RSUs) granted on 06/06/2025, not purchased in the market.

What were the RSU vesting terms referenced in the filing?

RSUs granted on 06/06/2025 were scheduled to vest in four equal quarterly installments and convert to common stock on vesting, subject to continued service.

Was any cash exchanged for the shares?

No. The Form 4 reports a price of $0.00, indicating conversion of RSUs to shares without payment.