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MicroVision (NASDAQ: MVIS) director gains 22,007 shares via RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
unit-for-share basis financial
"distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis"
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.
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Schabert Peter

(Last)(First)(Middle)
18390 NE 68TH STREET

(Street)
REDMOND WASHINGTON 98052

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICROVISION, INC. [ MVIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026M22,007A$0.00(1)168,478D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.00(2)06/05/2026M22,00706/05/2026(3)06/05/2026(3)Common stock22,007$0.000D
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, converts into shares of common stock on a unit-for-share basis.
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 Peter Schabert06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many MicroVision (MVIS) shares does Peter Schabert hold after this Form 4?

After the reported transaction, Peter Schabert directly holds 168,478 MicroVision common shares. This figure reflects his position following the conversion of 22,007 vested restricted stock units into common stock on a unit-for-share basis on June 5, 2026.

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.