MicroVision (NASDAQ: MVIS) interim CFO RSUs vest, 1,555 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MicroVision Interim CFO Stephen Hrynewich reported routine equity compensation activity. On April 6, 2026, vested restricted stock units (RSUs) converted into 4,800 shares of common stock on a unit-for-share basis, without cash payment.
On April 8, 2026, the company completed a tax-related, nondiscretionary sell-to-cover transaction, withholding 1,555 shares of common stock at a weighted average price of $0.6289 per share to satisfy tax obligations under the award agreement. Following these transactions, Hrynewich directly owns 175,337 shares of MicroVision common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,800 shares exercised/converted
Mixed
3 txns
Insider
Hrynewich Stephen
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,555 | $0.6289 | $977.94 |
| Exercise | Restricted Stock Units | 4,800 | $0.00 | -- |
| Exercise | Common Stock | 4,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 175,337 shares (Direct);
Restricted Stock Units — 0 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. 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 $0.6278 to $0.6350, inclusive. At vesting, converts into shares of common stock on a unit-for-share basis.
Key Figures
RSUs converted: 4,800 shares
Tax-withheld shares: 1,555 shares
Weighted average price: $0.6289 per share
+1 more
4 metrics
RSUs converted
4,800 shares
Restricted stock units converting into common stock on April 6, 2026
Tax-withheld shares
1,555 shares
Shares withheld in nondiscretionary sell-to-cover on April 8, 2026
Weighted average price
$0.6289 per share
Price for tax-related sell-to-cover range $0.6278–$0.6350
Shares owned after transactions
175,337 shares
Direct common stock ownership following reported transactions
Key Terms
Restricted Stock Units, sell-to-cover, weighted average price
3 terms
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 financial
"withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
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.
FAQ
What insider transactions did MicroVision (MVIS) Interim CFO Stephen Hrynewich report?
Stephen Hrynewich reported RSU vesting into common stock and a related tax-withholding transaction. RSUs converted into shares on April 6, 2026, and the company withheld shares on April 8, 2026 to cover taxes under the award agreement.
What are restricted stock units (RSUs) in the MicroVision (MVIS) Form 4 filing?
In this filing, restricted stock units are equity awards that, upon vesting, convert into common stock on a one-for-one basis. Hrynewich’s vested RSUs were distributed without cash payment, illustrating a standard equity-based compensation mechanism used for executives.
What does a sell-to-cover transaction mean in the MicroVision (MVIS) insider report?
Sell-to-cover here refers to shares withheld by MicroVision to cover tax liabilities from RSU vesting. The company executed a nondiscretionary, tax-related transaction, selling a portion of shares at a weighted average price to satisfy required withholding instead of the executive paying cash.