RSU vesting gives Microvision (MVIS) director 22,007 new shares

Rhea-AI Filing Summary

MICROVISION, INC. Executive Vice Chair and director Simon Biddiscombe acquired common shares through vesting of restricted stock units. On March 2, 2026, 22,007 RSUs converted into 22,007 shares of common stock on a unit-for-share basis, without payment. Following this RSU conversion, his direct common stock holdings increased to 291,299 shares. The footnotes note that a prior Form 4 had misstated the total RSUs granted on June 6, 2025, and the vesting reported here is based on the corrected grant amount.

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^*

BIDDISCOMBE SIMON

(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
X	Officer (give title below)		Other (specify below)
	Executive Vice Chair

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)	291,299	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 Simon Biddiscombe	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 did Microvision (MVIS) director Simon Biddiscombe report in this Form 4?

Simon Biddiscombe reported the vesting and conversion of restricted stock units into common shares. On March 2, 2026, 22,007 RSUs converted into 22,007 Microvision common shares, increasing his direct holdings to 291,299 shares.

How many Microvision (MVIS) shares did Biddiscombe receive from RSU vesting?

He received 22,007 shares of Microvision common stock from vested restricted stock units. The RSUs converted on a one-for-one basis into shares, with no cash payment required for the conversion or distribution.

Was there any cash paid for Simon Biddiscombe’s Microvision RSU conversion?

No cash was paid for the RSU conversion. The filing states vested restricted stock units were distributed without payment, converting into Microvision common stock on a unit-for-share basis at vesting on March 2, 2026.

What is Simon Biddiscombe’s Microvision (MVIS) share ownership after this Form 4?

After the RSU conversion, Biddiscombe directly owns 291,299 shares of Microvision common stock. This total reflects the addition of 22,007 shares received from the vested restricted stock units reported in the Form 4.

What correction to prior Microvision RSU reporting is mentioned in this Form 4?

The footnotes explain a prior Form 4 incorrectly stated the total RSUs granted on June 6, 2025. The vesting reported in this filing is calculated based on the corrected RSU grant amount for that award.

What do the RSU footnotes in the Microvision (MVIS) Form 4 explain?

The footnotes clarify that RSUs convert into common stock on a unit-for-share basis without payment at vesting. They also note a correction to the previously reported total RSUs granted on June 6, 2025 for Biddiscombe’s award.