Microvast (MVST) CFO receives RSU grants and automatic tax-related share sale

Rhea-AI Filing Summary

Microvast Holdings Chief Financial Officer Rodney Worthen reported a mix of stock grants and an automatic tax-related sale of company shares. On August 10, 2025 he received 15,000 restricted stock units (RSUs) that vest in three equal installments on August 10, 2026, 2027 and 2028. On November 25, 2025 he sold 2,671 common shares at $3.48 each in an automatic “sell to cover” transaction to satisfy tax withholding tied to RSU settlement, described as not a discretionary trade. On January 9, 2026 he received an additional 85,714 RSUs, vesting in equal installments on January 9, 2027, 2028 and 2029. Following these transactions, he held 117,422 shares of Microvast common stock directly.

Insider Trade Summary

Net Seller: 2,671 shares ($9,295)

Net Sell 3 txns

Insider Worthen Rodney

Role Chief Financial Officer

Sold 2,671 shs ($9K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	85,714	$0.00	--
Sale	Common Stock	2,671	$3.48	$9K
Grant/Award	Common Stock	15,000	$0.00	--

Holdings After Transaction: Common Stock — 117,422 shares (Direct)

Footnotes (1)

1. Represents restricted stock units ("RSUs") granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on August 10, 2026, 2027 and 2028, respectively. Represents the sale price per common stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs granted pursuant to the Plan. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. Represents RSUs granted pursuant to the Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on January 9, 2027, 2028 and 2029, respectively.

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
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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).

X

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^*

Worthen Rodney

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2025

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	08/10/2025		A		15,000	A	(1)	34,379	D
Common Stock	11/25/2025		S		2,671	D	$3.48(2)	31,708	D
Common Stock	01/09/2026		A		85,714	A	(3)	117,422	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 restricted stock units ("RSUs") granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on August 10, 2026, 2027 and 2028, respectively.

2. Represents the sale price per common stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs granted pursuant to the Plan. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

3. Represents RSUs granted pursuant to the Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on January 9, 2027, 2028 and 2029, 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.
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