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MicroVision (NASDAQ: MVIS) grants 280,152 RSUs to board member

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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
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.

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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.
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*
Herbst Jeffrey A

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026
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
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(1)07/16/2026A280,152 (2) (2)Common stock280,152$0.00280,152D
Explanation of Responses:
1. Each RSU represents a contingent right to receive one share of MicroVision common stock.
2. 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.
/s/ Drew G. Markham, attorney-in-fact for Jeffrey A. Herbst07/17/2026
** 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)