RSU vesting gives Microvision (MVIS) director 22,007 new shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,007 shares exercised/converted
Mixed
2 txns
Insider
BIDDISCOMBE SIMON
Role
Executive Vice Chair
| 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);
Common Stock — 291,299 shares (Direct)
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, RSUs convert into shares of common stock on a unit-for-share basis, without payment. 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.
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.
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 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.