MicroVision (NASDAQ: MVIS) GC converts RSUs into shares and withholds stock for taxes

Rhea-AI Filing Summary

MICROVISION, INC. General Counsel Drew G. Markham exercised previously granted restricted stock units that vested into 119,880 shares of common stock, converting the RSUs on a unit-for-share basis without cash payment. In connection with this vesting, 35,901 shares were disposed of through a tax-withholding, nondiscretionary sell-to-cover transaction completed by the company under the award terms at a weighted average price of $0.3850–$0.3852 per share. After these compensation-related transactions, Markham directly holds 472,308 shares of common stock, and the specific RSU award referenced in the filing is fully converted.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; no open-market buying or selling.

The filing shows the General Counsel converting 119,880 RSUs into common stock and a related tax-withholding disposition of 35,901 shares. Footnotes clarify this was a nondiscretionary sell-to-cover executed by the issuer under the award agreement.

No open-market purchases or discretionary sales occurred, and the insider’s direct holdings rise to 472,308 shares. With the RSU award fully converted and no remaining derivative positions reported, this appears to be standard equity compensation and tax settlement rather than a directional bet on the stock.

Insider Trade Summary

119,880 shares exercised/converted

Mixed 3 txns

Insider Markham Drew G

Role GC

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	35,901	$0.385	$14K
Exercise	Restricted Stock Units	119,880	$0.00	--
Exercise	Common Stock	119,880	$0.00	--

Holdings After Transaction: Common Stock — 472,308 shares (Direct, null); Restricted Stock Units — 0 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. 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 $0.3850 to $0.3852, inclusive. At vesting, converts into shares of common stock on a unit-for-share basis. On June 4, 2024, the Issuer's Compensation Committee approved a grant of RSUs, which are scheduled to vest as to 33% on each annual anniversary of the grant date until fully vested on June 4, 2027, subject to the Reporting Person's continued employment with the Issuer on each vesting date.

Key Figures

RSUs converted: 119,880 shares Tax-withholding shares: 35,901 shares Weighted average price: $0.3850 per share +3 more

6 metrics

RSUs converted 119,880 shares Restricted stock units vested into common stock

Tax-withholding shares 35,901 shares Nondiscretionary sell-to-cover for taxes

Weighted average price $0.3850 per share Issuer’s tax-withholding share sales, range $0.3850–$0.3852

Shares held after transactions 472,308 shares Direct common stock ownership after Form 4 events

Exercise transactions 1 transaction, 119,880 shares Derivative exercise/conversion count and shares

Tax-withholding count 1 transaction, 35,901 shares Sell-to-cover disposition count and shares

Key Terms

Restricted Stock Units, sell-to-cover, weighted average price, Compensation Committee, +1 more

5 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.

Compensation Committee financial

"the Issuer's Compensation Committee approved a grant of RSUs"

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

vest financial

"scheduled to vest as to 33% on each annual anniversary of the grant date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Markham Drew G

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/04/2026		M		119,880	A	$0.00	508,209	D
Common Stock(2)	06/05/2026		F		35,901	D	$0.385(3)	472,308	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(4)	06/04/2026		M			119,880	06/04/2026(5)	06/04/2026	Common stock	119,880	$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. Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement.

3. 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 $0.3850 to $0.3852, inclusive.

4. At vesting, converts into shares of common stock on a unit-for-share basis.

5. On June 4, 2024, the Issuer's Compensation Committee approved a grant of RSUs, which are scheduled to vest as to 33% on each annual anniversary of the grant date until fully vested on June 4, 2027, subject to the Reporting Person's continued employment with the Issuer on each vesting date.

	/s/ Drew G. Markham	06/05/2026
	** Signature of Reporting Person	Date
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 activity did MICROVISION (MVIS) report in this Form 4?

The Form 4 reports that MICROVISION’s General Counsel, Drew G. Markham, converted 119,880 restricted stock units into common shares and had 35,901 shares withheld in a tax-related, nondiscretionary sell-to-cover transaction executed by the company.

Did the MICROVISION (MVIS) General Counsel buy or sell shares on the open market?

The filing does not show any open-market buying or discretionary selling. It shows RSU vesting into 119,880 shares and a 35,901-share tax-withholding sell-to-cover completed by the issuer in accordance with the award agreement.

How many MICROVISION (MVIS) shares does the General Counsel hold after these transactions?

After the RSU vesting and tax-withholding disposition, General Counsel Drew G. Markham directly holds 472,308 shares of MICROVISION common stock, according to the share balance reported following the non-derivative transactions in the Form 4.

What price was used for the MICROVISION (MVIS) tax-withholding share disposition?

The tax-withholding sell-to-cover transaction used a weighted average price around $0.3850 per share. Footnotes explain the issuer sold the 35,901 shares in multiple trades ranging from $0.3850 to $0.3852 per share.

What happened to the restricted stock units reported for MICROVISION (MVIS)?

The reported restricted stock units fully converted into 119,880 shares of common stock on a unit-for-share basis upon vesting. After this exercise, the derivative line for these RSUs shows 0 units remaining, indicating that specific award is fully vested and settled.

Was the MICROVISION (MVIS) tax-withholding transaction discretionary for the insider?

The footnotes describe the 35,901-share disposition as a withholding, tax-related, nondiscretionary sell-to-cover transaction. It was completed by the issuer under the terms of the RSU award agreement rather than as a discretionary market sale by the insider.