[Form 4] MICROVISION, INC. Insider Trading Activity
MicroVision, Inc. reporting person Simon Biddiscombe, an Executive Vice Chair and Director, received a grant of 241,000 restricted stock units (RSUs) on 10/01/2025. The RSUs convert unit-for-share at vesting with no cash payment required, and are scheduled to vest in full on 10/01/2026 provided the reporting person continues service through that date. The Form 4 discloses the transaction date as 10/01/2025 and the filing was signed by an attorney-in-fact on 10/02/2025. The report records direct beneficial ownership of 0 common shares following the grant because the RSUs have not yet vested.
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Insights
Grant aligns executive compensation with shareholder outcomes through time‑based vesting.
The filing shows a time‑based equity award of 241,000 RSUs to Simon Biddiscombe with a single vest date of 10/01/2026, contingent on continued service. Time‑based vesting is a standard governance practice to retain senior management and align incentives with long‑term share performance.
The award converts to common shares at vesting without payment, which will create additional outstanding shares only if and when vesting occurs; the filing reports 0 vested shares today.
This is a straightforward restricted stock unit grant with no exercise price and a one‑year vesting horizon.
The RSUs have an effective grant date of 10/01/2025, an exercise/convert price of $0.00, and are scheduled to vest on 10/01/2026 if service continues. That means the recipient will receive one share per unit at vesting without payment.
From a compensation perspective, the award is time‑based rather than performance‑based, so payout depends solely on continued service rather than meeting financial or market milestones.