MicroVision (MVIS) CEO DeVos exercises 361,500 RSUs and receives equal new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MicroVision, Inc. CEO Glen W. DeVos reported equity compensation activity on June 8, 2026. He exercised vested restricted stock units (RSUs) to acquire 361,500 shares of common stock on a unit-for-share basis, without paying cash.
On the same date, he was granted 361,500 new RSUs tied to common stock. Following these transactions, DeVos directly holds 721,170 shares of common stock and 361,500 RSUs. These are compensation-related awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
361,500 shares exercised/converted
Mixed
3 txns
Insider
DeVos Glen W.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 361,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 361,500 | $0.00 | -- |
| Exercise | Common Stock | 361,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 361,500 shares (Direct, null);
Common Stock — 721,170 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. Each RSU represents a contingent right to receive one share of MicroVision common stock. RSUs vested on June 8, 2026, on the one-year anniversary of grant, upon determination by the Issuer's Compensation Committee of the level of achievement of performance objectives pursuant to the 2025 Executive Bonus Plan. At vesting, converts into shares of common stock on a unit-for-share basis.
Key Figures
RSUs exercised: 361,500 units
New RSU grant: 361,500 units
Common shares held: 721,170 shares
+2 more
5 metrics
RSUs exercised
361,500 units
Vested RSUs converted to common stock on June 8, 2026
New RSU grant
361,500 units
Grant of restricted stock units on June 8, 2026
Common shares held
721,170 shares
Direct common stock ownership after transactions
RSUs held after grant
361,500 units
Direct RSU holdings following June 8, 2026 transactions
Exercise price
$0.00 per share
Stated price for RSU distribution and exercise
Key Terms
Restricted Stock Units, RSUs, 2025 Executive Bonus Plan, 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.
RSUs financial
"RSUs vested on June 8, 2026, on the one-year anniversary of grant"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2025 Executive Bonus Plan financial
"pursuant to the 2025 Executive Bonus Plan"
Compensation Committee financial
"upon determination by the Issuer's Compensation Committee of the level of achievement"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of MicroVision common stock"
FAQ
What insider transactions did MicroVision (MVIS) CEO Glen W. DeVos report?
Glen W. DeVos reported exercising vested RSUs into 361,500 common shares and receiving a new grant of 361,500 RSUs. These actions are equity compensation events, not open-market stock purchases or sales.
What was the size of the RSU exercise and grant for MicroVision (MVIS) CEO?
Glen W. DeVos exercised 361,500 vested restricted stock units into common shares and received a new award of 361,500 RSUs. Each RSU represents a contingent right to one share of MicroVision common stock on a unit-for-share basis.
How do the RSUs reported by MicroVision (MVIS) CEO vest?
The RSUs vested on June 8, 2026, the one-year anniversary of grant, after the Compensation Committee determined performance under the 2025 Executive Bonus Plan. At vesting, each RSU converts into one share of MicroVision common stock.
What do MicroVision (MVIS) restricted stock units represent in this Form 4?
Each restricted stock unit reported represents a contingent right to receive one share of MicroVision common stock. Upon vesting and distribution, the RSUs convert into common shares on a one-for-one, unit-for-share basis without cash payment.