Microvast (MVST) CTO earns 112,500 shares from performance units

Rhea-AI Filing Summary

Microvast Holdings, Inc. Chief Technology Officer Mattis Wenjuan acquired 112,500 shares of common stock on March 2, 2026 through a grant classified as a "grant, award, or other acquisition." These shares were earned from performance stock units that vested after achievement of performance conditions over the applicable period.

Following this equity award, Wenjuan directly owns 970,689 shares of Microvast common stock. The reported transaction carried a price per share of $0.0000, reflecting that it was compensation-based rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mattis Wenjuan

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	112,500	$0.00	--

Holdings After Transaction: Common Stock — 970,689 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Mattis Wenjuan

(Last) (First) (Middle)

12603 SOUTHWEST FREEWAY

SUITE 300

(Street)

STAFFORD TX 77477

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Microvast Holdings, Inc. [ MVST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		112,500	A	(1)	970,689	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Compensation Committee of the Board of Directors of the Issuer on March 2, 2026 based on achievement of the applicable performance conditions over the applicable performance period.

	/s/ Wenjuan Mattis	03/04/2026
	** 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 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.

FAQ

What insider transaction did Microvast (MVST) report for its CTO?

Microvast reported that Chief Technology Officer Mattis Wenjuan acquired 112,500 shares of common stock on March 2, 2026. The shares came from performance stock units that vested based on certified performance, not from an open-market purchase, and were recorded at a price of $0.0000 per share.

How many Microvast (MVST) shares does the CTO own after this Form 4?

After the reported transaction, Chief Technology Officer Mattis Wenjuan directly owns 970,689 shares of Microvast common stock. This total includes the 112,500 shares that were earned and delivered upon vesting of performance stock units, as certified by the company’s Compensation Committee on March 2, 2026.

Was cash paid for the Microvast (MVST) shares reported in this Form 4?

No cash was paid for these shares; the transaction shows a price of $0.0000 per share. The 112,500 shares were issued as equity compensation, earned from performance stock units that vested after meeting specified performance conditions over the applicable performance period.

What is the nature of the equity award to Microvast (MVST)’s CTO?

The award represents shares earned from performance stock units tied to company performance. The Compensation Committee certified the achievement of the required performance conditions on March 2, 2026, triggering the issuance of 112,500 common shares as a grant, rather than a market purchase or sale transaction.

Does the Microvast (MVST) Form 4 indicate a buy or sell by the CTO?

The filing indicates an acquisition classified as a grant or award, not a traditional buy or sell. The transaction code is “A,” with 112,500 shares acquired at $0.0000 per share, reflecting equity compensation from vested performance stock units rather than open-market trading activity by the executive.