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Microvast (MVST) CFO discloses 19,379 restricted stock units in Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Microvast Holdings, Inc. Chief Financial Officer Rodney Worthen has filed an initial ownership report showing beneficial ownership of 19,379 shares of common stock in the form of restricted stock units. These RSUs were granted under the company’s 2021 Equity Incentive Plan and each unit represents the right to receive one share of common stock.

The RSUs vest in three equal installments on November 8, 2025, 2026 and 2027, providing time-based equity compensation that aligns the CFO’s interests with the company’s longer-term performance.

Positive

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Negative

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0104
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1. Name and Address of Reporting Person*
Worthen Rodney

(Last) (First) (Middle)
12603 SOUTHWEST FREEWAY, SUITE 300

(Street)
STAFFORD TX 77477

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/07/2025
3. Issuer Name and Ticker or Trading Symbol
Microvast Holdings, Inc. [ MVST ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 19,379(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units ("RSUs") granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on November 8, 2025, 2026 and 2027, respectively.
/s/ Rodney Worthen 01/29/2026
** Signature of Reporting Person Date
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 5 (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.

FAQ

What insider position does the MVST Form 3 filing disclose?

The filing shows Microvast Holdings, Inc. Chief Financial Officer Rodney Worthen as a reporting person. It identifies him as an officer and discloses his beneficial ownership in the company through restricted stock units granted under the 2021 Equity Incentive Plan.

How many Microvast (MVST) shares does the CFO beneficially own?

The CFO beneficially owns 19,379 shares of Microvast common stock in the form of restricted stock units. Each RSU represents a contingent right to receive one share of common stock, subject to the specified vesting schedule over several future years.

What type of equity award is reported in this Microvast Form 3?

The filing reports restricted stock units granted under the Microvast Holdings, Inc. 2021 Equity Incentive Plan. Each RSU corresponds to one share of common stock, giving the officer equity-based compensation that settles in stock as vesting conditions are satisfied over time.

What is the vesting schedule for the CFO’s Microvast RSUs?

The RSUs vest in three equal installments on November 8, 2025, November 8, 2026 and November 8, 2027. This staggered vesting schedule is time-based, encouraging retention and aligning compensation with the company’s multi-year performance and service period.

Does the Microvast CFO hold these RSUs directly or indirectly?

The Form 3 indicates the 19,379 restricted stock units are held with direct beneficial ownership. There is no reference to an intermediary entity, trust, or partnership, so the holdings are attributed directly to the reporting officer, subject to the plan’s terms.
Microvast Holdings Inc

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