Microvast director awarded 20,000 restricted stock units
Pan Yixin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Pan Yixin reported acquisition or exercise transactions in this Form 4 filing.
Microvast Holdings, Inc. director Pan Yixin received an equity award in the form of 20,000 shares of common stock on a grant basis. The award represents restricted stock units granted under the company’s non-employee director compensation policy at a price of $0.00 per share. Each restricted stock unit corresponds to one share of common stock and will vest on December 31, 2026, subject to continued board service through that date. Following this grant, Pan Yixin directly holds a total of 188,239 shares of Microvast common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 20,000 shares
Grant/Award
1 txn
Insider
Pan Yixin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 188,239 shares (Direct)
Footnotes (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
RSUs granted: 20,000 shares
Grant price: $0.00 per share
Post-grant holdings: 188,239 shares
+1 more
4 metrics
RSUs granted
20,000 shares
Restricted stock units granted to director on April 1, 2026
Grant price
$0.00 per share
Reported transaction price for RSU grant
Post-grant holdings
188,239 shares
Total common shares directly held after grant
Vesting date
December 31, 2026
RSUs vest if director continues 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 insider transaction did Microvast (MVST) disclose for Pan Yixin?
Microvast disclosed that director Pan Yixin received 20,000 restricted stock units of common stock as a grant under the non-employee director compensation policy. These units were awarded at no cash cost and increase the director’s direct shareholdings in the company.
What are the vesting terms of Pan Yixin’s 20,000 Microvast (MVST) restricted stock units?
The 20,000 restricted stock units vest on December 31, 2026, if Pan Yixin continues to serve as a director through that date. Until vesting, the award represents a contingent right to receive an equal number of common shares.
Was Pan Yixin’s Microvast (MVST) equity award a market purchase or a grant?
The filing describes the transaction as a grant or award acquisition, not a market purchase. The restricted stock units were issued at a reported price of $0.00 per share as part of Microvast’s non-employee director compensation policy.
What does each restricted stock unit represent in the Microvast (MVST) award to Pan Yixin?
Each restricted stock unit represents a contingent right to receive one share of Microvast common stock. The units convert into actual shares only upon vesting, which in this case is scheduled for December 31, 2026, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
