MicroVision director acquires 28,185 shares at $0.5322
MicroVision director Jeffrey A. Herbst acquired 28,185 shares of common stock directly from the company at $0.5322 per share under a Subscription Agreement executed on March 15, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
MicroVision director Jeffrey A. Herbst acquired 28,185 shares of common stock directly from the company at $0.5322 per share under a Subscription Agreement executed on March 15, 2026. The purchase price matched the closing share price on March 13, 2026 and is intended to qualify as an exempt transaction under Rule 16b-3. Following this acquisition, Herbst directly holds 258,912 shares of MicroVision common stock.
Insights
Director acquires shares directly from MicroVision in a Rule 16b-3 exempt deal, a routine, neutral-strength insider transaction.
Director Jeffrey A. Herbst acquired 28,185 MicroVision shares at $0.5322 per share via a Subscription Agreement with the company. The price equals the March 13, 2026 closing price, indicating a purchase at prevailing market levels rather than a discounted insider deal.
The transaction is intended to be exempt under Rule 16b-3, which typically covers issuer-approved grants or purchases by insiders. Herbst’s direct holdings rise to 258,912 shares after the transaction. Given the single, modest-sized acquisition and lack of related sales or derivative exercises, this appears to be a routine governance-approved equity purchase with neutral implication for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,185 | $0.5322 | $15K |
Footnotes (2)
- F1. Pursuant to a Subscription Agreement executed on March 15, 2026 between MicroVision, Inc. ("MicroVision") and the reporting person, the reporting person acquired 28,185 shares of MicroVision's common stock directly from MicroVision at a purchase price of $0.5322 per share, the closing price of MicroVision's common stock on March 13, 2026.
- F2. The purchase is intended to be an exempt transaction pursuant to Rule 16b-3.
FAQ
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What insider transaction did MicroVision (MVIS) director Jeffrey A. Herbst report?
What does the Subscription Agreement mean in the MicroVision (MVIS) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.