Microvast director sells shares to cover RSU taxes

Microvast Holdings, Inc. director and officer Tushe Isida reported two updates to her common stock holdings.

Rhea-AI Filing Summary

Microvast Holdings, Inc. director and officer Tushe Isida reported two updates to her common stock holdings. On March 10, 2026, she acquired 15,503 shares at no cost, earned from performance stock units after the compensation committee certified performance results.

On June 9, 2026, she sold 6,403 shares of common stock at $1.24 per share in an open‑market transaction described as a “sell to cover” sale to satisfy tax withholding obligations related to restricted stock unit settlement under the 2021 Equity Incentive Plan. After these transactions, she directly holds 184,100 shares of Microvast common stock.

Insider Trade Summary

Net Seller: 6,403 shares

Net Sell 2 txns

Insider Tushe Isida

Role Pres., Gen. Couns. & Corp. Sec

Sold 6,403 shs ($8K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,403	$1.24	$8K
Grant/Award	Common Stock	15,503	$0.00	$0.00

Holdings After Transaction: Common Stock — 184,100 shares (Direct)

Footnotes (2)

1. F1. 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 10, 2026 based on achievement of the applicable performance conditions over the applicable performance period.
2. F2. Represents shares of the Issuer's common stock sold by the Reporting Person in a "sell to cover" transaction to cover tax withholding obligations in connection with the settlement of restricted stock units granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan.

Key Figures

Shares sold: 6,403 shares Sale price: $1.24 per share Awarded shares: 15,503 shares +2 more

5 metrics

Shares sold 6,403 shares Open-market sale on June 9, 2026 at $1.24 per share

Sale price $1.24 per share Price for 6,403 common shares sold June 9, 2026

Awarded shares 15,503 shares Common stock earned from performance stock units on March 10, 2026

Post-transaction holdings 184,100 shares Direct common stock ownership after reported transactions

Net shares sold 6,403 shares Net buy/sell shares across reported transactions

Key Terms

performance stock units, restricted stock units, sell to cover, 2021 Equity Incentive Plan

4 terms

performance stock units financial

"Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Compensation Committee..."

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

restricted stock units financial

"tax withholding obligations in connection with the settlement of restricted stock units granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan."

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.

sell to cover financial

"Represents shares of the Issuer's common stock sold by the Reporting Person in a "sell to cover" transaction to cover tax withholding obligations..."

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

2021 Equity Incentive Plan financial

"restricted stock units granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Tushe Isida report for Microvast (MVST)?

Tushe Isida reported an award of 15,503 Microvast shares on March 10, 2026, from performance stock units, and a sale of 6,403 shares on June 9, 2026 at $1.24 per share to cover related tax obligations.

Why did Microvast (MVST) executive Tushe Isida sell 6,403 shares?

Isida sold 6,403 Microvast shares in a “sell to cover” transaction to pay tax withholding obligations tied to the settlement of restricted stock units granted under the 2021 Equity Incentive Plan, rather than as a discretionary open‑market sale.

How many Microvast (MVST) shares does Tushe Isida hold after these Form 4 transactions?

Following the March 10, 2026 award and the June 9, 2026 tax‑related sale, Tushe Isida directly holds 184,100 shares of Microvast common stock, according to the Form 4 ownership figures reported for these transactions.

What was the nature of the 15,503-share award to Tushe Isida at Microvast (MVST)?

The 15,503-share increase reflects common stock earned from performance stock units. The compensation committee certified achievement of the applicable performance conditions over the specified performance period on March 10, 2026, triggering the share award.

At what price were Microvast (MVST) shares sold in Tushe Isida’s June 9, 2026 transaction?

The June 9, 2026 transaction shows 6,403 shares of Microvast common stock sold at a price of $1.24 per share, as part of a sell‑to‑cover trade for tax withholding on restricted stock unit settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 04:47 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^*

Tushe Isida

(Last) (First) (Middle)

2929 BRIARPARK DRIVE

SUITE 400

(Street)

HOUSTON TEXAS 77042

(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
X	Officer (give title below)		Other (specify below)
	Pres., Gen. Couns. & Corp. Sec

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		A		15,503	A	(1)	190,503	D
Common Stock	06/09/2026		S		6,403	D	$1.24(2)	184,100	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 10, 2026 based on achievement of the applicable performance conditions over the applicable performance period.

2. Represents shares of the Issuer's common stock sold by the Reporting Person in a "sell to cover" transaction to cover tax withholding obligations in connection with the settlement of restricted stock units granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan.

	/s/ Isida Tushe	06/12/2026
	** 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)