MicroVision (MVIS) director gains 22,007 shares through RSU vesting and conversion

Rhea-AI Filing Summary

MICROVISION, INC. director Robert Paul Carlile reported the vesting and conversion of restricted stock units into common shares. On this date, 22,007 RSUs were exercised at no cost and settled into 22,007 shares of common stock, bringing his directly held common stock to 350,799 shares.

The footnotes explain that RSUs convert into common stock on a unit-for-share basis without payment and clarify that a prior Form 4 understated the original RSU grant, with vesting now calculated from the corrected 88,028-unit grant.

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^*

Carlile Robert Paul

(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)
03/02/2026

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	03/02/2026		M		22,007	A	$0.00(1)	350,799	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)	03/02/2026		M			22,007	03/02/2026(3)	03/02/2026(3)	Common stock	22,007	$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. 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 Robert Paul Carlile	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did MICROVISION (MVIS) report for Robert Paul Carlile?

MICROVISION reported that director Robert Paul Carlile had 22,007 restricted stock units vest and convert into 22,007 shares of common stock. The conversion occurred on a unit-for-share basis without any cash payment, increasing his directly held common stock position.

How many MICROVISION (MVIS) shares does Robert Paul Carlile hold after this Form 4?

After this transaction, Robert Paul Carlile directly holds 350,799 shares of MICROVISION common stock. This reflects the addition of 22,007 shares received from vested restricted stock units that converted into stock at no cost to the reporting person.

Was cash paid for the RSU conversion reported in the MICROVISION (MVIS) Form 4?

No cash was paid for the RSU conversion. The filing states that vested restricted stock units were distributed in common stock on a unit-for-share basis, without payment, meaning the director received 22,007 shares of MICROVISION common stock at zero cost per share.

What correction to prior RSU grants does the MICROVISION (MVIS) Form 4 disclose?

The filing notes that an earlier Form 4 incorrectly reported an RSU grant as 87,462 units instead of the correct 88,028 units. The vesting reported in this filing is calculated based on the corrected 88,028 restricted stock units granted on June 6, 2025.

What does transaction code M mean in the MICROVISION (MVIS) Form 4?

Transaction code M in this filing indicates the exercise or conversion of a derivative security. Here, it reflects restricted stock units converting into common stock, with 22,007 RSUs exercised and settled into 22,007 MICROVISION common shares at a stated price of $0.0000 per share.

How are MICROVISION (MVIS) restricted stock units treated at vesting in this filing?

At vesting, MICROVISION restricted stock units convert into common stock on a one-for-one, unit-for-share basis without any payment. The filing explains that vested RSUs are distributed as common shares, as shown by 22,007 RSUs becoming 22,007 shares for the director.