[Form 4] Microvast Holdings, Inc. Insider Trading Activity

Microvast Holdings, Inc. director Ying Wei received an equity award of 20,000 restricted stock units of common stock as part of the company’s non-employee director compensation policy.

Rhea-AI Filing Summary

Microvast Holdings, Inc. director Ying Wei received an equity award of 20,000 restricted stock units of common stock as part of the company’s non-employee director compensation policy. This is a grant, not an open-market purchase or sale, and carries no cash exercise price.

Each restricted stock unit represents a contingent right to receive one share of Microvast common stock. The units vest on December 31, 2026, subject to Ying Wei’s continued service on the board through that date. Following this award, Ying Wei directly holds a total of 388,789 shares of Microvast common stock.

Insider Trade Summary

Grant/Award: 20,000 shares

Grant/Award 1 txn

Insider Ying Wei

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 388,789 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units granted to the Reporting Person in accordance with the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest on December 31, 2026, subject to the Reporting Person's continued service through such date.

Key Figures

RSU grant size: 20,000 units Grant price: $0.0000 per share Total shares after grant: 388,789 shares +1 more

4 metrics

RSU grant size 20,000 units Restricted stock units of common stock granted to Ying Wei

Grant price $0.0000 per share Reported price per share for the RSU award

Total shares after grant 388,789 shares Ying Wei’s direct holdings following the reported transaction

Vesting date December 31, 2026 RSUs vest subject to continued board service through this date

Key Terms

restricted stock units, non-employee director compensation policy, contingent right, vest

4 terms

restricted stock units financial

"Represents restricted stock units granted to the Reporting Person in accordance with the Issuer's non-employee director compensation policy."

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.

non-employee director compensation policy financial

"Represents restricted stock units granted to the Reporting Person in accordance with the Issuer's non-employee director compensation policy."

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."

vest financial

"The restricted stock units vest on December 31, 2026, subject to the Reporting Person's continued service through such date."

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.

FAQ

What did Ying Wei report in the latest Microvast (MVST) Form 4?

Ying Wei reported receiving 20,000 restricted stock units of Microvast common stock as a compensation grant. These units are not bought in the market but awarded under the non-employee director compensation policy, adding to an existing direct holding of 388,789 shares.

Is Ying Wei buying or selling Microvast (MVST) shares in this Form 4?

This Form 4 does not show a market buy or sell. It reports an award of 20,000 restricted stock units with a zero dollar grant price, issued as part of director compensation, increasing Ying Wei’s total direct holdings to 388,789 shares.

When do Ying Wei’s 20,000 Microvast (MVST) RSUs vest?

The 20,000 restricted stock units granted to Ying Wei vest on December 31, 2026. Vesting is conditioned on continued service as a non-employee director through that date, after which each unit converts into one share of Microvast common stock.

How many Microvast (MVST) shares does Ying Wei hold after this RSU grant?

After the reported grant, Ying Wei directly holds 388,789 shares of Microvast common stock. This total includes the impact of the 20,000 restricted stock units reported in the filing, which were granted as part of non-employee director compensation.

What is a restricted stock unit in the context of Microvast (MVST)?

A restricted stock unit is a promise to deliver one share of common stock in the future. For Ying Wei, each RSU equals one Microvast share, vesting on December 31, 2026, subject to continued board service, rather than an immediate, unrestricted stock grant.

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Accepted by SEC EDGAR 04/03/2026 - 06:46 PM Learn about SEC filing dates

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^*

Ying Wei

(Last) (First) (Middle)

12603 SOUTHWEST FREEWAY

SUITE 300

(Street)

STAFFORD TEXAS 77477

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		20,000	A	(1)	388,789	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 granted to the Reporting Person in accordance with the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest on December 31, 2026, subject to the Reporting Person's continued service through such date.

	/s/ Wei Ying	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)