MicroVision, Inc. (MVIS) director gains 18,005 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MICROVISION, INC. director Laura J. Peterson reported the vesting of restricted stock units and their conversion into common shares. On March 2, 2026, 18,005 restricted stock units were exercised on a unit-for-share basis without payment, converting into 18,005 shares of common stock. After this conversion, Peterson directly owned 54,016 shares of MICROVISION common stock. The footnotes explain that RSUs convert into shares without cash outlay at vesting and that a separate RSU grant dated July 22, 2025 is scheduled to vest in four equal quarterly installments, subject to her continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,005 shares exercised/converted
Mixed
2 txns
Insider
Peterson Laura J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,005 | $0.00 | -- |
| Exercise | Common Stock | 18,005 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 54,016 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 07/22/2025 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 Shareholders, provided that the reporting person continues to serve as a director through each vesting date.
FAQ
What insider transaction did MICROVISION (MVIS) director Laura Peterson report?
Laura J. Peterson reported the vesting and conversion of 18,005 restricted stock units into 18,005 shares of MICROVISION common stock. The RSUs were distributed without payment on a unit-for-share basis, reflecting a derivative exercise rather than an open-market stock purchase.
What does transaction code M mean in Laura Peterson’s MICROVISION (MVIS) Form 4?
Transaction code M indicates an exercise or conversion of a derivative security. In this case, 18,005 restricted stock units converted into 18,005 shares of MICROVISION common stock on a unit-for-share basis, reflecting RSU vesting rather than a market purchase or sale of shares.
How are MICROVISION (MVIS) restricted stock units described in Laura Peterson’s filing?
The filing explains that restricted stock units vest and then convert into shares of common stock on a unit-for-share basis, without payment. Vested RSUs are distributed in common shares to the reporting person when vesting conditions are satisfied under the award terms.
What is the vesting schedule for Laura Peterson’s July 22, 2025 MICROVISION (MVIS) RSU grant?
RSUs granted on July 22, 2025 are scheduled to vest in four equal quarterly installments. They will be fully vested on the earlier of the first anniversary of the grant date or the day before MICROVISION’s 2026 annual shareholders meeting, assuming she continues serving as a director.