MicroVision (NASDAQ: MVIS) director gains 22,007 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MicroVision, Inc. director Peter Schabert increased his direct common stock holdings through RSU vesting. On June 5, 2026, 22,007 vested restricted stock units were distributed to him, without payment, as 22,007 shares of common stock on a unit-for-share basis.
These shares arose from restricted stock units that, at vesting, convert into common stock on a unit-for-share basis. After this transaction, Schabert directly owned 168,478 shares of MicroVision common stock. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,007 shares exercised/converted
Mixed
2 txns
Insider
Schabert Peter
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 — 168,478 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. 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.
Key Figures
RSUs vested: 22,007 units
Shares received: 22,007 shares
Shares owned after: 168,478 shares
+1 more
4 metrics
RSUs vested
22,007 units
Vested and settled into common stock on June 5, 2026
Shares received
22,007 shares
Common stock distributed from vested RSUs, unit-for-share basis
Shares owned after
168,478 shares
Direct MicroVision common stock holdings after the transaction
Vesting schedule
Four equal quarterly installments
RSUs scheduled to vest over four quarters tied to service
Key Terms
restricted stock units, unit-for-share basis, Annual Meeting of Stockholders, Form 4
4 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.
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"
Form 4 regulatory
"The Form 4 filed on 06/06/2025 incorrectly reported the total RSUs granted"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MicroVision (MVIS) report for Peter Schabert?
MicroVision reported that director Peter Schabert acquired shares via RSU vesting. On June 5, 2026, 22,007 restricted stock units vested and were settled in 22,007 shares of common stock, issued without payment as part of his director equity compensation.
Was the MicroVision (MVIS) Form 4 a market purchase or sale?
The Form 4 does not show any open-market purchase or sale. It records the exercise and settlement of 22,007 restricted stock units into common stock at a stated price of $0.00 per share, typical for equity compensation rather than a cash transaction in the market.
How were Peter Schabert’s restricted stock units in MicroVision (MVIS) structured?
The restricted stock units vest and convert into common stock on a unit-for-share basis. Footnotes state that vested RSUs are distributed without payment in shares of common stock, and the grant is scheduled to vest in four equal quarterly installments tied to continued board service.
Did the MicroVision (MVIS) Form 4 include any corrections to prior RSU disclosures?
Yes, a footnote explains a correction to a prior RSU grant disclosure. A previous Form 4 misreported the total RSUs granted on June 2025, and the vesting reported in this filing was calculated based on the corrected grant amount as clarified in the footnote.