MicroVision (NASDAQ: MVIS) grants 280,152 RSUs to board member
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herbst Jeffrey A reported acquisition or exercise transactions in this Form 4 filing.
MicroVision, Inc. granted director Jeffrey A. Herbst 280,152 restricted stock units (RSUs), each representing one share of common stock. These RSUs vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the July 16, 2026 grant or the day before the 2027 annual stockholders meeting, contingent on his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Herbst Jeffrey A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 280,152 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 280,152 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of MicroVision common stock. RSUs granted 07/16/2026 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 2027 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date.
Key Figures
RSUs granted: 280152.0000 units
Transaction price per RSU: 0.0000 per unit
Underlying common shares: 280152.0000 shares
+1 more
4 metrics
RSUs granted
280152.0000 units
Restricted Stock Units granted to director Jeffrey A. Herbst on July 16, 2026
Transaction price per RSU
0.0000 per unit
Reported transaction price per Restricted Stock Unit in the award
Underlying common shares
280152.0000 shares
Common stock underlying the granted Restricted Stock Units
Vesting installments
4 quarterly installments
RSUs vest in four equal quarterly installments until fully vested
Key Terms
Restricted Stock Units, contingent right, vest
3 terms
Restricted Stock Units financial
"Security title reported as Restricted Stock Units granted to the director"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of MicroVision common stock"
vest financial
"RSUs granted are scheduled to vest in four equal quarterly installments until fully vested"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did MicroVision (MVIS) grant to director Jeffrey A. Herbst?
MicroVision granted Jeffrey A. Herbst 280,152 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of MicroVision common stock, increasing his direct RSU-based equity exposure to the company.
How do the 280,152 RSUs granted to Jeffrey A. Herbst vest at MicroVision (MVIS)?
The 280,152 RSUs are scheduled to vest in four equal quarterly installments. They fully vest on the earlier of the first anniversary of the July 16, 2026 grant date or the day prior to MicroVision’s 2027 Annual Meeting of Stockholders, subject to continued board service.
What does each Restricted Stock Unit represent in the MicroVision (MVIS) grant?
Each Restricted Stock Unit granted to Jeffrey A. Herbst represents a contingent right to receive one share of MicroVision common stock. Actual shares are delivered only as the RSUs vest under the specified schedule and service conditions.
What is Jeffrey A. Herbst's RSU holding in MicroVision (MVIS) after this grant?
Following this grant, Jeffrey A. Herbst holds 280,152 RSUs directly. These RSUs correspond to up to 280,152 shares of MicroVision common stock, issuable over time as the units vest under the quarterly schedule and continued service requirements.
Is there a cash exercise price for Jeffrey A. Herbst's MicroVision (MVIS) RSU grant?
The filing reports a per-unit transaction price of $0.0000 and a conversion price of $0.0000 for the RSUs. The transaction is coded as a grant/award acquisition, so no cash purchase price is shown for this equity award.