[Form 4] Microvision Inc Insider Trading Activity
MicroVision director Simon Biddiscombe received 22,007 shares of common stock on 09/02/2025 when restricted stock units (RSUs) vested and converted to shares on a unit-for-unit basis with no payment required. After the distribution, the reporting person beneficially owned 247,285 shares. The filing corrects an earlier Form 4 that misstated the total RSUs granted in June 2025; the correct grant amount was 88,028 RSUs, and the vesting here reflects that corrected figure. The transaction was reported by an attorney-in-fact on 09/03/2025.
- 22,007 shares received via vested RSUs converted on a unit-for-unit basis, increasing director alignment with shareholders
- Correction made to prior Form 4 to reflect the accurate RSU grant amount, improving disclosure accuracy
- Prior Form 4 misreported RSU grant amount, indicating an administrative reporting error that required amendment
Insights
TL;DR: Director received vested RSUs that converted to 22,007 shares, increasing reported ownership to 247,285 shares; filing corrects a prior reporting error.
The distribution of vested RSUs at no cost increases the director's direct equity stake and aligns compensation realization with service-based vesting conditions. The correction of the prior Form 4 grant amount is an important disclosure housekeeping item: it ensures the company's insider ownership records are accurate. This filing does not show open-market purchases or sales and contains no derivative activity retained after vesting. Impact on outstanding share counts or control appears immaterial based on the data provided.
TL;DR: Vesting and conversion of RSUs to shares is routine director compensation; amended disclosure fixes an earlier administrative error.
Vesting conditions tied to continued service are typical for board compensation. The note correcting the June 2025 RSU grant quantity improves transparency and reduces risk of future compliance questions. There is no indication of accelerated vesting for cause, no sales, and no change in governance status. The filing appears procedural and contains no material governance red flags beyond the corrected prior report.