MicroVision Insider Filing: 22,007 RSUs Vest for Director Herbst
Rhea-AI Filing Summary
Jeffrey A. Herbst, a director of MicroVision, Inc. (MVIS), received 22,007 shares of common stock on 09/02/2025 upon vesting of restricted stock units (RSUs). The RSUs converted on a one-for-one basis into common shares at no cash payment, increasing His beneficial ownership to 186,713 shares following the transaction. The filing corrects an earlier grant reporting error: the original Form 4 filed 06/06/2025 misstated the total RSUs granted; the correct total used for vesting calculations is 88,028 RSUs.
This Form 4 reports a routine equity compensation vesting event for a director and does not disclose any sale or cash proceeds. The transaction was reported on 09/03/2025 by an attorney-in-fact signing for the reporting person.
Positive
- Director received 22,007 vested RSUs converted to common stock
- Beneficial ownership increased to 186,713 shares
- Filing corrected an earlier reporting error on total RSUs granted (correct amount 88,028)
Negative
- None.
Insights
TL;DR: Director received vested RSUs converting to 22,007 shares, raising beneficial ownership to 186,713—routine compensation, no sales.
The filing documents a standard director compensation event: RSUs granted earlier converted into shares without cash consideration, and the reporting corrects a prior grant quantity error. For investors, such vesting signals management/director alignment with shareholders but is not a liquidity event because no shares were sold. The corrected grant total (88,028 RSUs) versus the previously reported figure should be noted for accuracy in insider holdings tracking.
TL;DR: Administrative correction plus routine issuance of vested RSUs; governance implications are minimal and procedural.
The Form 4 clarifies the number of RSUs originally granted and records the scheduled vesting that produced 22,007 shares on 09/02/2025. This is consistent with common director equity compensation practices and the vesting schedule described for the grant dated 06/06/2025. No change in control, director departure, or share disposals are reported, so this filing appears procedural rather than material to corporate governance dynamics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,007 | $0.00 | -- |
| Exercise | Common Stock | 22,007 | $0.00 | -- |
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.
