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MicroVision (MVIS) CEO nets shares after RSU vest and tax sell

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

Rhea-AI Filing Summary

MICROVISION, INC. CEO Glen W. DeVos reported routine equity compensation activity involving restricted stock units and related tax withholding. On March 31, 2026, 325,000 vested restricted stock units converted into an equal number of common shares. On April 2, 2026, the company completed a tax-related nondiscretionary sell-to-cover transaction, withholding 153,230 common shares at a weighted average price of $0.6403 per share in multiple trades between $0.6402 and $0.6408. Following these transactions, DeVos directly holds 359,670 shares of MicroVision common stock. The filing reflects compensation vesting and tax settlement rather than open-market buying or selling by the CEO.

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Insider DeVos Glen W.
Role CEO
Type Security Shares Price Value
Tax Withholding Common Stock 153,230 $0.6403 $98K
Exercise Restricted Stock Units 325,000 $0.00 --
Exercise Common Stock 325,000 $0.00 --
Holdings After Transaction: Common Stock — 359,670 shares (Direct); Restricted Stock Units — 0 shares (Direct)
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 $0.6402 to $0.6408, inclusive. At vesting, converts into shares of common stock on a unit-for-share basis.
RSUs vested and converted 325,000 units/shares Restricted Stock Units vested into common stock on March 31, 2026
Tax withholding shares 153,230 shares Withholding sell-to-cover transaction completed April 2, 2026
Weighted average sale price $0.6403 per share Issuer’s tax-related sale, trades between $0.6402 and $0.6408
Shares held after transactions 359,670 shares CEO Glen W. DeVos direct common stock ownership post-Form 4
Exercise price of RSUs $0.00 per unit RSUs converted on a unit-for-share basis without payment
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.
derivative exercise/conversion financial
"transaction_action":"derivative exercise/conversion""
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*
DeVos Glen W.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
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)03/31/2026M325,000A$0.00512,900D
Common Stock(2)04/02/2026F153,230D$0.6403(3)359,670D
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)03/31/2026M325,00003/31/202603/31/2026Common Stock325,000$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 $0.6402 to $0.6408, inclusive.
4. At vesting, converts into shares of common stock on a unit-for-share basis.
/s/ Drew G. Markham, attorney-in-fact for Glen DeVos04/02/2026
** 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 transaction did MicroVision (MVIS) disclose for CEO Glen W. DeVos?

MicroVision disclosed that CEO Glen W. DeVos had 325,000 restricted stock units vest and convert into common stock. A portion of the resulting shares was then withheld and sold by the company to cover tax obligations under the award agreement’s terms.

How many MicroVision (MVIS) RSUs vested for the CEO and when?

A total of 325,000 restricted stock units vested for MicroVision CEO Glen W. DeVos on March 31, 2026. These RSUs were distributed without payment and converted into common stock on a one-for-one basis, as described in the Form 4 footnotes.

How many MicroVision (MVIS) shares were sold to cover CEO tax withholding?

To cover withholding taxes, 153,230 shares of MicroVision common stock were sold in a nondiscretionary sell-to-cover transaction. The issuer executed these trades at a weighted average price of $0.6403 per share across a narrow range between $0.6402 and $0.6408.

Was the MicroVision (MVIS) CEO’s share sale an open-market decision?

The sale was not an open-market discretionary sale by the CEO. It was a withholding tax-related, nondiscretionary sell-to-cover transaction completed by MicroVision under the award agreement, specifically to satisfy tax liabilities tied to the vesting RSUs.

How many MicroVision (MVIS) shares does the CEO hold after these transactions?

After the RSU vesting, conversion, and related tax sell-to-cover, CEO Glen W. DeVos directly holds 359,670 shares of MicroVision common stock. This post-transaction holding figure comes from the Form 4 totals reported for his non-derivative ownership.

What was the price range for MicroVision (MVIS) shares sold for tax withholding?

The issuer sold shares for tax withholding at a weighted average price of $0.6403 per share. According to the disclosure, individual trades occurred in a narrow range, with prices between $0.6402 and $0.6408 per share during the transaction.
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194.68M
301.78M
Scientific & Technical Instruments
Electronic Components, Nec
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United States
REDMOND