MicroVision (NASDAQ: MVIS) interim CFO reports RSU vesting and tax sell-to-cover
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MicroVision interim CFO Stephen Hrynewich reported routine equity compensation activity involving restricted stock units (RSUs). On May 5, 2026, 4,800 RSUs vested and converted into the same number of shares of common stock on a unit-for-share basis, without cash payment. On May 6, 2026, 1,623 of these shares were disposed of through a tax-related, nondiscretionary sell-to-cover transaction completed by the company at a weighted average price of $0.6447 per share, with trades ranging from $0.6429 to $0.6451. After these transactions, Hrynewich directly holds 178,514 shares of MicroVision common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,800 shares exercised/converted
Mixed
3 txns
Insider
Hrynewich Stephen
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,623 | $0.6447 | $1K |
| Exercise | Restricted Stock Units | 4,800 | $0.00 | -- |
| Exercise | Common Stock | 4,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 178,514 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
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. Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement. The price reported in column 4 is a weighted average price. These shares were sold by the Issuer in multiple transactions at prices ranging from $0.6429 to $0.6451, inclusive. At vesting, converts into shares of common stock on a unit-for-share basis.
Key Figures
RSUs vested: 4,800 units
Shares withheld for taxes: 1,623 shares
Weighted average sale price: $0.6447 per share
+2 more
5 metrics
RSUs vested
4,800 units
Restricted Stock Units converted into common stock on May 5, 2026
Shares withheld for taxes
1,623 shares
Tax-related nondiscretionary sell-to-cover on May 6, 2026
Weighted average sale price
$0.6447 per share
Issuer sell-to-cover tax transaction for withheld shares
Sale price range
$0.6429–$0.6451 per share
Range of prices in multiple issuer transactions for tax withholding
Shares held after transactions
178,514 shares
Direct common stock holdings after RSU vesting and tax disposition
Key Terms
restricted stock units, sell-to-cover, weighted average price
3 terms
restricted stock units financial
"Vested restricted stock units, or RSUs, were distributed to the Reporting Person"
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.
sell-to-cover financial
"withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
weighted average price financial
"The price reported in column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did MicroVision (MVIS) interim CFO Stephen Hrynewich report?
Stephen Hrynewich reported RSU vesting and related tax withholding. 4,800 restricted stock units vested into common shares, and 1,623 shares were disposed of in a nondiscretionary tax-related sell-to-cover transaction completed by MicroVision according to the award agreement.
What happened to the vested RSUs reported by MicroVision (MVIS) interim CFO?
The vested restricted stock units converted into common stock on a unit-for-share basis. Specifically, 4,800 RSUs vested and were distributed as 4,800 MicroVision common shares, with no cash payment required from Stephen Hrynewich as part of this compensation-related event.