Microvast (MVST) CFO discloses 19,379 restricted stock units in Form 3
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Worthen Rodney
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,379 shares (Direct)
Footnotes (1)
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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.
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.