STOCK TITAN

MicroVision (MVIS) GC gains stock from RSU vesting as issuer sells 77,905 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MicroVision, Inc. General Counsel Drew G. Markham reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On June 8, 2026, vested RSUs converted into 118,800 shares of common stock on a unit-for-share basis, and a further 150,000 RSUs were granted.

The filing shows a separate 150,000 RSU award approved under the 2025 Executive Bonus Plan, scheduled to vest in thirds annually through June 6, 2028, contingent on continued employment. On June 10, 2026, 77,905 shares were withheld and sold by the issuer at a weighted average price of $0.3621 per share to satisfy tax obligations.

Following these transactions, Markham directly holds 663,203 shares of MicroVision common stock and 150,000 RSUs. The activity reflects derivative exercises, an RSU grant, and a nondiscretionary, tax-related sell-to-cover event rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting, grant, and tax withholding with a net increase in equity.

The transactions center on RSU-based compensation for MicroVision’s General Counsel. On June 8, 2026, 268,800 RSUs vested and converted into common shares, and an additional 150,000 RSUs were granted under the 2025 Executive Bonus Plan, reinforcing equity-linked pay.

A subsequent 77,905-share disposition at a weighted average of $0.3621 per share was executed by the issuer solely to cover withholding taxes, as disclosed in the footnotes. This is a nondiscretionary sell-to-cover mechanism and not an open-market sale reflecting the insider’s trading view.

Post-transaction direct ownership stands at 663,203 shares plus 150,000 RSUs, indicating a larger overall equity stake. The pattern is typical for executive compensation structures that combine performance-based vesting, multi-year vesting schedules through June 6, 2028, and tax withholding in shares instead of cash.

Insider Markham Drew G
Role GC
Type Security Shares Price Value
Tax Withholding Common Stock 77,905 $0.3621 $28K
Grant/Award Restricted Stock Units 150,000 $0.00 --
Exercise Restricted Stock Units 150,000 $0.00 --
Exercise Restricted Stock Units 118,800 $0.00 --
Exercise Common Stock 150,000 $0.00 --
Exercise Common Stock 118,800 $0.00 --
Holdings After Transaction: Common Stock — 663,203 shares (Direct, null); Restricted Stock Units — 150,000 shares (Direct, null)
Footnotes (1)
  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. Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement. The price reported in column 4 is a weighted average price. These shares were sold by the Issuer in multiple transactions at prices ranging from $0.3509 to $0.3779, inclusive. Each RSU represents a contingent right to receive one share of MicroVision common stock. RSUs vested on June 8, 2026, on the one-year anniversary of grant, upon determination by the Issuer's Compensation Committee of the level of achievement of performance objectives pursuant to the 2025 Executive Bonus Plan. At vesting, converts into shares of common stock on a unit-for-share basis. On June 6, 2025, the Issuer's Compensation Committee approved a grant of RSUs, which are scheduled to vest as to 33% on each annual anniversary of the grant date until fully vested on June 6, 2028, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
RSUs vested into shares 268,800 shares RSUs converting to common stock on June 8, 2026
New RSU grant 150,000 RSUs Approved June 6, 2025 under 2025 Executive Bonus Plan
Tax-withholding shares 77,905 shares Withheld and sold by issuer on June 10, 2026
Weighted average tax-sale price $0.3621 per share Issuer’s sell-to-cover transactions, range $0.3509–$0.3779
Post-transaction share holdings 663,203 shares Direct common stock held after reported transactions
Remaining RSUs held 150,000 RSUs Contingent right to receive MicroVision common shares
restricted stock units financial
"Vested restricted stock units, or RSUs, were distributed to the Reporting Person..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell-to-cover transaction financial
"Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer..."
A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Executive Bonus Plan financial
"performance objectives pursuant to the 2025 Executive Bonus Plan."
Compensation Committee financial
"the Issuer's Compensation Committee approved a grant of RSUs..."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Markham Drew G

(Last)(First)(Middle)
18390 NE 68TH STREET

(Street)
REDMOND WASHINGTON 98052

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICROVISION, INC. [ MVIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
GC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/08/2026M150,000A$0.00622,308D
Common Stock(1)06/08/2026M118,800A$0.00741,108D
Common Stock(2)06/10/2026F77,905D$0.3621(3)663,203D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.00(4)06/08/2026A150,00006/08/2026(5)06/08/2026Common stock150,000$0.00150,000D
Restricted Stock Units$0.00(6)06/08/2026M150,00006/08/2026(5)06/08/2026Common stock0$0.000D
Restricted Stock Units$0.00(6)06/08/2026M118,80006/08/2026(7)06/08/2026Common stock0$0.000D
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. Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement.
3. The price reported in column 4 is a weighted average price. These shares were sold by the Issuer in multiple transactions at prices ranging from $0.3509 to $0.3779, inclusive.
4. Each RSU represents a contingent right to receive one share of MicroVision common stock.
5. RSUs vested on June 8, 2026, on the one-year anniversary of grant, upon determination by the Issuer's Compensation Committee of the level of achievement of performance objectives pursuant to the 2025 Executive Bonus Plan.
6. At vesting, converts into shares of common stock on a unit-for-share basis.
7. On June 6, 2025, the Issuer's Compensation Committee approved a grant of RSUs, which are scheduled to vest as to 33% on each annual anniversary of the grant date until fully vested on June 6, 2028, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
/s/ Drew G. Markham06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did MicroVision (MVIS) report for Drew G. Markham?

MicroVision reported RSU-related transactions for General Counsel Drew G. Markham. On June 8, 2026, 268,800 RSUs vested into common shares and 150,000 new RSUs were granted. A later tax-withholding transaction on June 10, 2026, covered associated tax obligations.

Did the MicroVision (MVIS) General Counsel sell shares in the open market?

The filing shows no discretionary open-market sale by the General Counsel. Instead, 77,905 shares were withheld and sold by the issuer at a weighted average price of $0.3621 solely to satisfy tax liabilities, under the terms of the equity award agreement.

How many MicroVision (MVIS) shares does Drew G. Markham own after these transactions?

After the reported transactions, Drew G. Markham directly holds 663,203 shares of MicroVision common stock. He also holds 150,000 restricted stock units, which represent a contingent right to receive an equal number of shares upon future vesting conditions being satisfied.

What are the key details of the new RSU grant reported by MicroVision (MVIS)?

On June 6, 2025, MicroVision’s Compensation Committee approved a grant of 150,000 RSUs for Drew G. Markham. These RSUs vest in three equal annual installments on each anniversary of the grant date through June 6, 2028, contingent on continued employment with the company.

How did the RSUs convert into MicroVision (MVIS) common stock in this Form 4?

Vested restricted stock units were distributed to the reporting person without payment in shares of MicroVision common stock. Each RSU converted into one share on a unit-for-share basis on June 8, 2026, following determination of performance under the 2025 Executive Bonus Plan.